Twilio Inc. $TWLO Shares Acquired by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada increased its Twilio stake by 217.6% in the third quarter, acquiring 9,852 additional shares for a total of 14,380 shares valued at approximately $4.34 million. Institutional investors collectively own 84.27% of Twilio.
• Analyst sentiment remains positive overall, with Twilio carrying a “Moderate Buy” consensus rating and an average price target of $267.78; however, HSBC downgraded the stock to “Reduce” with a $211 target.
• Twilio reported quarterly earnings of $1.47 per share versus the $1.32 consensus estimate, while revenue reached $1.50 billion, up 22% year over year. Insiders sold 538,818 shares worth approximately $134.8 million during the last quarter.

TD Waterhouse Canada Inc. boosted its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 217.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,380 shares of the technology company's stock after purchasing an additional 9,852 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Twilio were worth $4,335,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Continuum Advisory LLC bought a new position in shares of Twilio during the second quarter worth approximately $33,000. SHP Wealth Management acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $26,000. Hilltop National Bank acquired a new stake in shares of Twilio in the second quarter valued at approximately $50,000. Reflection Asset Management acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $37,000. Finally, Ascentis Independent Advisors bought a new stake in shares of Twilio in the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on TWLO shares. HSBC downgraded Twilio from a "hold" rating to a "reduce" rating and set a $211.00 price target on the stock. in a research report on Thursday, September 24th. Weiss Ratings raised Twilio from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, September 29th. Wells Fargo & Company upped their target price on Twilio from $225.00 to $275.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Morgan Stanley reiterated an "overweight" rating and set a $261.00 target price on shares of Twilio in a research report on Friday, August 7th. Finally, Oppenheimer increased their target price on Twilio from $235.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $267.78.

Twilio Stock Performance

Shares of Twilio stock opened at $257.38 on Tuesday. The company has a 50 day moving average of $253.83 and a 200-day moving average of $209.66. Twilio Inc. has a 1-year low of $105.00 and a 1-year high of $308.40. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.11. The company has a market cap of $39.53 billion, a PE ratio of 94.72, a price-to-earnings-growth ratio of 5.01 and a beta of 1.35.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.15. The firm had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.43 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. The company's quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. As a group, equities research analysts forecast that Twilio Inc. will post 3.12 earnings per share for the current fiscal year.

Insider Transactions at Twilio

In related news, Director Andrew Stafman sold 500,000 shares of the firm's stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $247.08, for a total value of $123,540,000.00. Following the sale, the director directly owned 120,000 shares of the company's stock, valued at $29,649,600. This trade represents a 80.65% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 14,442 shares of the firm's stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $291.03, for a total value of $4,203,055.26. Following the completion of the sale, the chief executive officer directly owned 178,863 shares in the company, valued at $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 538,818 shares of company stock valued at $134,833,645. Corporate insiders own 0.21% of the company's stock.

About Twilio

Twilio Inc NYSE: TWLO provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company's products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.

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