Twilio Inc. $TWLO Stake Raised by Comerica Bank

Key Points

• Comerica Bank increased its stake in Twilio Inc. by 17.2%, acquiring a total of 231,690 shares valued at approximately $22.7 million.
• Twilio's stock performance has seen a fluctuation, with a fifty-two week low of $56.85 and a high of $151.95, currently trading around $106.28.
• Analysts have varied opinions on Twilio, with target price adjustments ranging from $135 to $170, and an overall average rating of "Moderate Buy."

Comerica Bank grew its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 17.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 231,690 shares of the technology company's stock after acquiring an additional 33,957 shares during the quarter. Comerica Bank owned about 0.15% of Twilio worth $22,685,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC increased its position in Twilio by 211.8% during the 1st quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock worth $575,000 after purchasing an additional 3,993 shares in the last quarter. Wellington Management Group LLP grew its stake in Twilio by 4,280.5% during the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company's stock worth $25,463,000 after buying an additional 254,132 shares during the period. Bank of Nova Scotia increased its position in shares of Twilio by 502.1% in the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock worth $3,167,000 after acquiring an additional 26,970 shares in the last quarter. ASR Vermogensbeheer N.V. acquired a new position in shares of Twilio during the 1st quarter valued at $716,000. Finally, Horizon Financial Services LLC lifted its holdings in shares of Twilio by 9,692.0% during the 1st quarter. Horizon Financial Services LLC now owns 2,448 shares of the technology company's stock valued at $240,000 after acquiring an additional 2,423 shares in the last quarter. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Stock Performance

NYSE TWLO traded up $3.30 during trading hours on Thursday, reaching $106.45. The company's stock had a trading volume of 2,639,663 shares, compared to its average volume of 3,239,978. Twilio Inc. has a 52 week low of $56.85 and a 52 week high of $151.95. The stock has a market cap of $16.33 billion, a PE ratio of 887.13, a PEG ratio of 3.24 and a beta of 1.23. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. The business has a 50-day simple moving average of $117.66 and a 200 day simple moving average of $110.90.

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

Wall Street Analysts Forecast Growth

TWLO has been the topic of a number of recent research reports. HSBC upgraded Twilio from a "reduce" rating to a "hold" rating and boosted their price objective for the stock from $77.00 to $99.00 in a research note on Monday, May 5th. Robert W. Baird reduced their target price on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 30th. The Goldman Sachs Group upped their target price 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. Tigress Financial reaffirmed a "buy" rating and set a $170.00 price target on shares of Twilio in a research note on Thursday, May 8th. Finally, Wall Street Zen lowered shares of Twilio from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $129.32.

Insider Activity at Twilio

In other news, CEO Khozema Shipchandler sold 13,595 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total value of $1,591,430.70. Following the completion of the transaction, the chief executive officer directly owned 246,986 shares in the company, valued at $28,912,181.16. This trade represents a 5.22% 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, CFO Aidan Viggiano sold 1,807 shares of the business's stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $105.94, for a total value of $191,433.58. Following the sale, the chief financial officer directly owned 146,016 shares in the company, valued at approximately $15,468,935.04. The trade was a 1.22% 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 in the last three months. 0.21% of the stock is owned by company insiders.

About Twilio

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.