Northwest & Ethical Investments L.P. Acquires 7,845 Shares of Twilio Inc. $TWLO

Key Points

• Northwest & Ethical Investments L.P. significantly increased its holdings in Twilio by 429.9% during the first quarter, resulting in ownership of 9,670 shares valued at $945,000.
• Twilio reported earnings per share of $1.19, surpassing analysts' expectations, and revenue of $1.23 billion, which was up 13.5% year-over-year.
• The current market capital of Twilio is $15.86 billion, with a consensus target price of $126.74 among analysts.

Northwest & Ethical Investments L.P. raised its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 429.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,670 shares of the technology company's stock after acquiring an additional 7,845 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in Twilio were worth $945,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC grew its position in shares of Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after purchasing an additional 623 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of Twilio by 101.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 46,993 shares of the technology company's stock valued at $5,079,000 after purchasing an additional 23,608 shares in the last quarter. Jump Financial LLC purchased a new position in shares of Twilio during the fourth quarter valued at about $788,000. NewEdge Advisors LLC grew its position in shares of Twilio by 2,648.1% during the fourth quarter. NewEdge Advisors LLC now owns 7,310 shares of the technology company's stock valued at $790,000 after purchasing an additional 7,044 shares in the last quarter. Finally, GeoWealth Management LLC grew its position in shares of Twilio by 59.3% during the fourth quarter. GeoWealth Management LLC now owns 943 shares of the technology company's stock valued at $102,000 after purchasing an additional 351 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TWLO has been the subject of a number of research analyst reports. The Goldman Sachs Group raised their price objective on Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Jefferies Financial Group set a $132.00 price target on Twilio and gave the stock a "hold" rating in a research report on Sunday, June 15th. UBS Group dropped their price target on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Tigress Financial reiterated a "buy" rating and issued a $170.00 price target on shares of Twilio in a research report on Thursday, May 8th. Finally, HSBC upgraded Twilio from a "reduce" rating to a "hold" rating and lifted their price target for the stock from $77.00 to $99.00 in a research report on Monday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Twilio has an average rating of "Moderate Buy" and a consensus target price of $126.74.

Insider Activity

In other news, Director Erika Rottenberg sold 4,100 shares of Twilio stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total transaction of $492,123.00. Following the completion of the sale, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. The trade was a 10.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Khozema Shipchandler sold 13,595 shares of Twilio stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the sale, the chief executive officer directly owned 246,986 shares of the company's stock, valued at $28,912,181.16. This represents a 5.22% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,771 shares of company stock valued at $6,727,911. Corporate insiders own 0.21% of the company's stock.

Twilio Trading Up 5.3%

Shares of NYSE:TWLO traded up $5.31 during trading hours on Friday, hitting $106.28. 3,682,395 shares of the company's stock traded hands, compared to its average volume of 5,766,759. The business has a fifty day moving average price of $118.44 and a 200-day moving average price of $111.79. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. Twilio Inc. has a 1 year low of $56.85 and a 1 year high of $151.95. The firm has a market capitalization of $16.31 billion, a P/E ratio of 885.74, a price-to-earnings-growth ratio of 3.19 and a beta of 1.23.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly 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 firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the firm posted $0.87 earnings per share. The company's revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Equities analysts expect that Twilio Inc. will post 1.44 earnings per share for the current year.

Twilio Company 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.