Twilio Inc. $TWLO Shares Acquired by Gateway Investment Advisers LLC

Key Points

• Gateway Investment Advisers LLC significantly increased its position in Twilio Inc., raising its holdings by 98.6% during Q2 to a total of 31,123 shares, valued at approximately $3.87 million.
• Twilio reported earnings per share (EPS) of $1.19 for the last quarter, exceeding analyst expectations, while its quarterly revenue grew by 13.5% year-over-year.
• Insider transactions showed both CEO and CFO selling shares recently, with a total of over $6.23 million in stock sold by insiders in the past 90 days.

Gateway Investment Advisers LLC increased its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 98.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,123 shares of the technology company's stock after acquiring an additional 15,451 shares during the period. Gateway Investment Advisers LLC's holdings in Twilio were worth $3,870,000 at the end of the most recent reporting period.

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

Twilio Trading Down 1.8%

TWLO stock traded down $1.91 during trading on Friday, reaching $106.47. 6,575,573 shares of the stock traded hands, compared to its average volume of 3,192,475. The business's 50 day moving average price is $113.00 and its 200-day moving average price is $108.64. 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 52-week low of $61.91 and a 52-week high of $151.95. The firm has a market capitalization of $16.34 billion, a PE ratio of 887.32, a P/E/G ratio of 3.27 and a beta of 1.27.

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on TWLO. Jefferies Financial Group set a $132.00 price objective on Twilio and gave the stock a "hold" rating in a report on Sunday, June 15th. UBS Group dropped their price objective on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Wall Street Zen lowered Twilio from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Piper Sandler raised their price target on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, KeyCorp assumed coverage on Twilio in a report on Friday, June 6th. They set an "overweight" rating and a $146.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $129.78.

Insider Transactions at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,297 shares of the company's stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total value of $971,163.85. Following the completion of the transaction, the chief financial officer directly owned 147,823 shares of the company's stock, valued at $17,302,682.15. This represents a 5.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 20,008 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,671 shares of company stock worth $6,235,788. 0.21% of the stock is currently owned by insiders.

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.