Twilio Inc. $TWLO Position Trimmed by Legal & General Group Plc

Key Points

• Legal & General Group Plc trimmed its Twilio stake by 6.6% in the fourth quarter, selling 66,815 shares and leaving it with 943,571 shares valued at about $134.2 million.
• Twilio reported strong quarterly results, with EPS of $1.50 beating estimates of $1.27 and revenue of $1.41 billion topping expectations; revenue also rose 20% year over year.
• Analysts remain generally bullish on the stock, with several firms raising targets and the consensus rating sitting at “Moderate Buy” with an average price target of $195.40.

Legal & General Group Plc lessened its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 6.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 943,571 shares of the technology company's stock after selling 66,815 shares during the quarter. Legal & General Group Plc owned approximately 0.61% of Twilio worth $134,214,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB grew its stake in Twilio by 34.7% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 303 shares of the technology company's stock valued at $43,000 after acquiring an additional 78 shares in the last quarter. GHP Investment Advisors Inc. grew its stake in Twilio by 6.3% during the 4th quarter. GHP Investment Advisors Inc. now owns 1,459 shares of the technology company's stock valued at $208,000 after acquiring an additional 86 shares in the last quarter. Centaurus Financial Inc. grew its stake in Twilio by 0.7% during the 3rd quarter. Centaurus Financial Inc. now owns 13,587 shares of the technology company's stock valued at $1,360,000 after acquiring an additional 94 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ grew its stake in Twilio by 0.3% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 42,224 shares of the technology company's stock valued at $4,226,000 after acquiring an additional 108 shares in the last quarter. Finally, Cresset Asset Management LLC grew its stake in Twilio by 2.2% during the 3rd quarter. Cresset Asset Management LLC now owns 6,767 shares of the technology company's stock valued at $677,000 after acquiring an additional 145 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 32,158 shares of the company's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $185.70, for a total transaction of $5,971,740.60. Following the completion of the sale, the chief executive officer owned 235,542 shares of the company's stock, valued at $43,740,149.40. This represents a 12.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Erika Rottenberg sold 1,500 shares of the company's stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $185.32, for a total value of $277,980.00. Following the sale, the director directly owned 32,995 shares of the company's stock, valued at $6,114,633.40. The trade was a 4.35% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,760,427 shares of company stock worth $327,889,937 over the last ninety days. Company insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TWLO shares. Bank of America raised Twilio from an "underperform" rating to a "buy" rating and lifted their target price for the company from $110.00 to $190.00 in a research note on Wednesday, April 22nd. Stifel Nicolaus set a $175.00 price target on Twilio in a research note on Friday, May 1st. Needham & Company LLC boosted their price target on Twilio from $200.00 to $250.00 and gave the company a "buy" rating in a research note on Monday, May 11th. Citigroup reissued an "outperform" rating on shares of Twilio in a research note on Friday, May 1st. Finally, Jefferies Financial Group reissued a "buy" rating and issued a $195.00 price target on shares of Twilio in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $195.40.

Twilio Stock Up 1.8%

Shares of Twilio stock opened at $184.82 on Friday. The stock has a market capitalization of $28.05 billion, a P/E ratio of 288.78, a PEG ratio of 3.78 and a beta of 1.32. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average price of $153.92 and a two-hundred day moving average price of $136.09. Twilio Inc. has a 12-month low of $91.84 and a 12-month high of $203.71.

Twilio (NYSE:TWLO - Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.27 by $0.23. The firm had revenue of $1.41 billion during the quarter, compared to analysts' expectations of $1.34 billion. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The company's revenue was up 20.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.14 earnings per share. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. Equities analysts expect that Twilio Inc. will post 2.77 earnings per share for the current year.

Twilio Company Profile

Twilio Inc NYSE: TWLO is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio's platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company's product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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