Twilio Inc. $TWLO Shares Bought by Northern Trust Corp

Key Points

• Northern Trust Corp increased its holdings in Twilio Inc. by 5.4% during the first quarter, owning approximately 1.17 million shares valued at $114.45 million.
• The stock has received mixed analyst ratings, with a consensus average rating of "Moderate Buy" and an average target price of $126.74.
• Twilio's recent earnings report showed a 13.5% year-over-year revenue increase, with reported earnings per share of $1.19, surpassing expectations.

Northern Trust Corp lifted its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 5.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,168,947 shares of the technology company's stock after buying an additional 60,002 shares during the quarter. Northern Trust Corp owned approximately 0.77% of Twilio worth $114,452,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TWLO. Freestone Capital Holdings LLC boosted its position in Twilio by 12.5% during the first quarter. Freestone Capital Holdings LLC now owns 4,408 shares of the technology company's stock worth $432,000 after acquiring an additional 490 shares during the last quarter. Northwest & Ethical Investments L.P. boosted its holdings in shares of Twilio by 429.9% during the first quarter. Northwest & Ethical Investments L.P. now owns 9,670 shares of the technology company's stock worth $945,000 after purchasing an additional 7,845 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Twilio by 3.7% during the first quarter. Raymond James Financial Inc. now owns 247,323 shares of the technology company's stock worth $24,215,000 after purchasing an additional 8,814 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its position in shares of Twilio by 1.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,430 shares of the technology company's stock valued at $825,000 after purchasing an additional 114 shares during the period. Finally, American Century Companies Inc. increased its stake in Twilio by 19.0% in the first quarter. American Century Companies Inc. now owns 121,751 shares of the technology company's stock valued at $11,921,000 after purchasing an additional 19,406 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on the company. Tigress Financial restated a "buy" rating and issued a $170.00 price target on shares of Twilio in a report on Thursday, May 8th. HSBC raised shares of Twilio from a "reduce" rating to a "hold" rating and raised their target price for the stock from $77.00 to $99.00 in a research report on Monday, May 5th. Jefferies Financial Group set a $132.00 price target on shares of Twilio and gave the stock a "hold" rating in a research report on Sunday, June 15th. Robert W. Baird cut their price target on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Finally, The Goldman Sachs Group boosted their price objective on shares of Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Twilio presently has an average rating of "Moderate Buy" and a consensus target price of $126.74.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the transaction, the chief executive officer directly owned 260,581 shares of the company's stock, valued at approximately $32,450,151.93. The trade was a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Erika Rottenberg sold 4,100 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $120.03, for a total value of $492,123.00. Following the completion of the transaction, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 55,771 shares of company stock worth $6,727,911 over the last quarter. 0.21% of the stock is owned by corporate insiders.

Twilio Price Performance

Twilio stock opened at $106.28 on Friday. Twilio Inc. has a 52-week low of $56.85 and a 52-week high of $151.95. The firm has a fifty day moving average of $118.44 and a 200-day moving average of $111.55. The firm has a market capitalization of $16.31 billion, a P/E ratio of 885.74, a PEG ratio of 3.36 and a beta of 1.23. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.17. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The business had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same quarter in the previous year, the business posted $0.87 EPS. The business's quarterly revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Twilio Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.