Victory Capital Management Inc. Buys 549,680 Shares of Twilio Inc. $TWLO

Key Points

• Victory Capital Management boosted its stake in Twilio by 1,296.3%, buying an additional 549,680 shares in Q3 to hold 592,085 shares (about 0.39% of the company) worth roughly $59.3 million.
• Twilio recently beat Q4 estimates (EPS $1.33 vs. $1.24; revenue $1.37B vs. $1.32B, +14.3% YoY), set Q1 2026 guidance of $1.210–1.260 EPS, and carries a consensus "Moderate Buy" with an average target of $145.22, but insiders have been net sellers in recent months.

Victory Capital Management Inc. lifted its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 1,296.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 592,085 shares of the technology company's stock after acquiring an additional 549,680 shares during the period. Victory Capital Management Inc. owned approximately 0.39% of Twilio worth $59,262,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in Twilio by 6.6% in the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock worth $1,086,000 after purchasing an additional 623 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Twilio in the 2nd quarter valued at about $251,000. Assetmark Inc. raised its stake in shares of Twilio by 416.5% in the 2nd quarter. Assetmark Inc. now owns 470 shares of the technology company's stock valued at $58,000 after purchasing an additional 379 shares during the period. State of Michigan Retirement System lifted its holdings in shares of Twilio by 2.3% in the second quarter. State of Michigan Retirement System now owns 8,900 shares of the technology company's stock valued at $1,107,000 after purchasing an additional 200 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Twilio by 13.9% during the second quarter. Bank of Montreal Can now owns 42,902 shares of the technology company's stock worth $5,335,000 after buying an additional 5,225 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Stock Performance

TWLO opened at $128.18 on Friday. The business's 50-day simple moving average is $123.51 and its 200 day simple moving average is $119.29. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $145.90. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.03 and a current ratio of 4.03. The firm has a market capitalization of $19.67 billion, a PE ratio of 674.67, a PEG ratio of 5.15 and a beta of 1.30.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The technology company reported $1.33 earnings per share for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The firm had revenue of $1.37 billion during the quarter, compared to the consensus estimate of $1.32 billion. Twilio had a return on equity of 3.93% and a net margin of 0.67%.The business's revenue was up 14.3% compared to the same quarter last year. During the same period last year, the company earned $1.00 earnings per share. Twilio has set its Q1 2026 guidance at 1.210-1.260 EPS. As a group, sell-side analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on TWLO shares. Royal Bank Of Canada increased their price objective on Twilio from $75.00 to $100.00 and gave the stock an "underperform" rating in a report on Monday, January 5th. Piper Sandler reaffirmed a "neutral" rating and set a $130.00 price target (down from $148.00) on shares of Twilio in a research report on Friday, February 13th. Argus raised shares of Twilio to a "strong-buy" rating in a research note on Thursday, February 19th. Jefferies Financial Group reiterated a "hold" rating and issued a $125.00 price objective on shares of Twilio in a report on Friday, February 13th. Finally, Wall Street Zen lowered shares of Twilio from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, November 11th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $145.22.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,109 shares of the company's stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $143.38, for a total transaction of $1,162,668.42. Following the sale, the chief financial officer directly owned 119,449 shares of the company's stock, valued at approximately $17,126,597.62. This represents a 6.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 13,336 shares of the stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $134.28, for a total transaction of $1,790,758.08. Following the completion of the sale, the chief executive officer owned 193,781 shares of the company's stock, valued at approximately $26,020,912.68. This represents a 6.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 43,753 shares of company stock valued at $6,050,080 over the last three months. 0.21% of the stock is owned by company insiders.

About Twilio

Twilio Inc NYSE: TWLO is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio's platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company's product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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