Twilio Inc. $TWLO Shares Newly Purchased by Sanders Morris Harris LLC

Key Points

• Sanders Morris Harris LLC acquired 6,477 Twilio shares worth approximately $1.9 million, while institutional investors collectively own 84.27% of the company.
• Analysts maintain a “Moderate Buy” consensus on Twilio, with an average price target of $266.48; ratings include 22 Buys, two Strong Buys, two Holds and two Sells.
• Twilio exceeded quarterly expectations with adjusted earnings of $1.47 per share and revenue of $1.50 billion, up 22% year over year. Meanwhile, insiders sold $134.8 million of stock over the past three months, primarily through planned or tax-related transactions.

Sanders Morris Harris LLC acquired a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,477 shares of the technology company's stock, valued at approximately $1,894,000.

Several other institutional investors have also added to or reduced their stakes in the business. Plato Investment Management Ltd bought a new position in Twilio in the 2nd quarter worth approximately $1,637,000. Congress Asset Management Co. grew its stake in Twilio by 16.2% in the 3rd quarter. Congress Asset Management Co. now owns 160,425 shares of the technology company's stock valued at $46,918,000 after buying an additional 22,311 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in Twilio by 67.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company's stock valued at $24,880,000 after buying an additional 48,742 shares in the last quarter. Aware Super Pty Ltd as trustee of Aware Super purchased a new position in Twilio in the 1st quarter valued at approximately $4,288,000. Finally, Nykredit A S bought a new stake in Twilio during the 2nd quarter valued at $10,514,000. 84.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have issued reports on TWLO shares. BTIG Research restated a "buy" rating and set a $285.00 target price on shares of Twilio in a research report on Friday, September 11th. Wolfe Research upgraded Twilio to a "buy" rating in a research report on Friday, August 7th. The Goldman Sachs Group reiterated a "buy" rating and issued a $330.00 price target on shares of Twilio in a research report on Friday, August 7th. Morgan Stanley reaffirmed an "overweight" rating and set a $261.00 price objective on shares of Twilio in a research note on Friday, August 7th. Finally, Mizuho set a $270.00 price objective on shares of Twilio in a research note on Wednesday, August 12th. Two 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $266.48.

Twilio Price Performance

TWLO traded down $10.42 during trading on Wednesday, reaching $271.17. The stock had a trading volume of 1,972,651 shares, compared to its average volume of 2,640,951. The stock has a market cap of $41.64 billion, a PE ratio of 37.77, a PEG ratio of 5.80 and a beta of 1.35. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. Twilio Inc. has a one year low of $104.50 and a one year high of $308.40. The business has a 50-day moving average of $250.47 and a 200-day moving average of $205.76.

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

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 9,084 shares of the company's stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $294.65, for a total value of $2,676,600.60. Following the completion of the sale, the chief financial officer owned 99,246 shares of the company's stock, valued at $29,242,833.90. This represents a 8.39% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Khozema Shipchandler sold 14,442 shares of the company's stock in a transaction that occurred on Monday, October 5th. The stock was 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 of the company's stock, valued at approximately $52,054,498.89. This represents a 7.47% decrease in their position. 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 three months, insiders have sold 538,818 shares of company stock worth $134,833,645. 0.21% of the stock is currently owned by insiders.

Twilio Profile

Twilio Inc is a communications technology company that provides a cloud-based platform for businesses to engage with customers through digital channels. Its software and application programming interfaces (APIs) support communications capabilities such as voice calling, messaging, video, email, authentication and contact-center interactions.

The company's offerings include programmable communications services, customer data and engagement tools, and contact-center solutions. Twilio also provides email services through SendGrid and customer data platform capabilities through Segment, which it acquired in 2020.

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