Insider Selling: Twilio (NYSE:TWLO) CEO Sells 13,681 Shares of Stock

Key Points

• Khozema Shipchandler, the CEO of Twilio, sold 13,681 shares at an average price of $100.59, totaling approximately $1.38 million, resulting in a 5.54% decrease in his ownership.
• Twilio's stock price recently increased by 2.5%, trading at $105.31, with a market capitalization of $16.16 billion.
• Several institutional investors, including Norges Bank and Atreides Management, significantly increased their stakes in Twilio, reflecting an overall institutional ownership of 84.27%.

Twilio Inc. (NYSE:TWLO - Get Free Report) CEO Khozema Shipchandler sold 13,681 shares of the company's stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the sale, the chief executive officer directly owned 233,305 shares of the company's stock, valued at $23,468,149.95. This represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Twilio Stock Up 2.5%

NYSE TWLO traded up $2.61 during trading on Thursday, reaching $105.31. 2,886,951 shares of the company's stock were exchanged, compared to its average volume of 3,163,138. Twilio Inc. has a fifty-two week low of $65.50 and a fifty-two week high of $151.95. The firm has a market capitalization of $16.16 billion, a PE ratio of 877.63, a P/E/G ratio of 3.16 and a beta of 1.25. 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 company's fifty day simple moving average is $108.93 and its 200-day simple moving average is $108.55.

Twilio (NYSE:TWLO - Get Free Report) last announced 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. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the company posted $0.87 EPS. The business's quarterly revenue was up 13.5% compared to the same quarter last year. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Jefferies Financial Group set a $132.00 price target on Twilio and gave the company a "hold" rating in a report on Sunday, June 15th. Piper Sandler raised their price objective on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. KeyCorp began coverage on Twilio in a research note on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective on the stock. Wells Fargo & Company began coverage on Twilio in a research note on Tuesday. They issued an "overweight" rating and a $130.00 price objective on the stock. Finally, UBS Group cut their price objective on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. One equities research 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 assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $130.22.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. Norges Bank bought a new stake in shares of Twilio during the second quarter valued at approximately $228,877,000. Ninety One UK Ltd bought a new stake in shares of Twilio during the second quarter valued at approximately $212,059,000. Nordea Investment Management AB increased its position in shares of Twilio by 4,231.2% during the second quarter. Nordea Investment Management AB now owns 1,123,638 shares of the technology company's stock valued at $139,736,000 after purchasing an additional 1,097,695 shares during the period. KBC Group NV increased its position in shares of Twilio by 236.3% during the first quarter. KBC Group NV now owns 945,594 shares of the technology company's stock valued at $92,583,000 after purchasing an additional 664,420 shares during the period. Finally, Atreides Management LP increased its position in shares of Twilio by 533.1% during the second quarter. Atreides Management LP now owns 730,300 shares of the technology company's stock valued at $90,820,000 after purchasing an additional 614,943 shares during the period. 84.27% of the stock is owned by institutional investors.

Twilio Company 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.

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