Twilio Inc. $TWLO Shares Sold by Jacobs Levy Equity Management Inc.

Key Points

• Jacobs Levy Equity Management Inc. significantly reduced its stake in Twilio by 96.4%, selling 697,988 shares and currently holding 25,908 shares valued at approximately $2.5 million.
• Several institutional investors, including Jericho Capital and Alyeska Investment Group, increased their positions in Twilio by notable percentages in the first quarter.
• Analyst ratings for Twilio show a general positive outlook, with an average rating of "Moderate Buy" and a target price of $129.78; however, the stock has displayed volatility with a 1-year low of $56.85 and a high of $151.95.

Jacobs Levy Equity Management Inc. reduced its position in Twilio Inc. (NYSE:TWLO - Free Report) by 96.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,908 shares of the technology company's stock after selling 697,988 shares during the quarter. Jacobs Levy Equity Management Inc.'s holdings in Twilio were worth $2,537,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TWLO. Concurrent Investment Advisors LLC lifted its stake in Twilio by 211.8% during the first 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 during the period. Wellington Management Group LLP grew its position in shares of Twilio by 4,280.5% during the 1st quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company's stock worth $25,463,000 after purchasing an additional 254,132 shares in the last quarter. Bank of Nova Scotia raised its stake in shares of Twilio by 502.1% during the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock valued at $3,167,000 after acquiring an additional 26,970 shares during the last quarter. ASR Vermogensbeheer N.V. acquired a new stake in Twilio in the first quarter worth $716,000. Finally, Horizon Financial Services LLC grew its stake in Twilio by 9,692.0% during the first 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 currently owned by institutional investors and hedge funds.

Twilio Stock Down 0.2%

Twilio stock traded down $0.25 during trading hours on Friday, reaching $102.31. The stock had a trading volume of 2,935,754 shares, compared to its average volume of 4,075,077. The business's 50 day moving average price is $114.66 and its 200-day moving average price is $109.10. The company has a market cap of $15.70 billion, a price-to-earnings ratio of 852.65, a PEG ratio of 3.24 and a beta of 1.27. Twilio Inc. has a 52 week low of $59.21 and a 52 week high of $151.95. 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 (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.17. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The company's quarterly revenue was up 13.5% on a year-over-year basis. During the same period last year, the company earned $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

Insider Activity

In related news, CFO Aidan Viggiano sold 1,807 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $105.94, for a total transaction of $191,433.58. Following the completion of the sale, the chief financial officer directly owned 146,016 shares of the company's stock, valued at $15,468,935.04. This trade represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the business's stock in a transaction dated 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 sale, the chief executive officer owned 246,986 shares in the company, valued at approximately $28,912,181.16. This trade represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 51,671 shares of company stock valued at $6,235,788. 0.21% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TWLO. Piper Sandler upped their price target on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, August 8th. KeyCorp started coverage on shares of Twilio in a report on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective for the company. UBS Group decreased their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a report on Friday, August 8th. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price target on shares of Twilio in a research note on Friday, May 16th. Finally, Rosenblatt Securities initiated coverage on shares of Twilio in a research note on Friday, September 5th. They issued a "buy" rating and a $140.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $129.78.

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.