Twilio (NYSE:TWLO) Stock: Insider Khozema Shipchandler Sells 14,442 Shares

Key Points

• Twilio CEO Khozema Shipchandler sold 14,442 shares at an average price of $291.03, totaling approximately $4.2 million. The Rule 10b5-1 transaction reduced his direct ownership by 7.47% to 178,863 shares.
• Twilio shares fell 2.8% to $272.63, while the company’s latest quarterly results exceeded expectations, with earnings per share of $1.47 and revenue of $1.50 billion, up 22% year over year.
• Analyst sentiment remains a Moderate Buy, with a consensus price target of $250.39, though ratings range from HSBC’s $211 reduce target to Rosenblatt Securities’ $290 buy target. Institutional investors own 84.27% of Twilio’s stock.

Twilio Inc. (NYSE:TWLO - Get Free Report) CEO Khozema Shipchandler sold 14,442 shares of Twilio stock in a transaction on Monday, October 5th. The shares were sold at an average price of $291.03, for a total value of $4,203,055.26. Following the sale, the chief executive officer directly owned 178,863 shares of the company's stock, valued at approximately $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Khozema Shipchandler also recently made the following trade(s):

• On Wednesday, September 30th, Khozema Shipchandler sold 13,898 shares of Twilio stock. The stock was sold at an average price of $294.08, for a total value of $4,087,123.84.

Twilio Stock Down 2.8%

Shares of TWLO traded down $7.78 during midday trading on Wednesday, reaching $272.63. 3,450,917 shares of the stock were exchanged, compared to its average volume of 2,657,385. The company has a market capitalization of $41.87 billion, a P/E ratio of 37.97, a PEG ratio of 6.17 and a beta of 1.35. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.11. Twilio Inc. has a 52 week low of $104.50 and a 52 week high of $308.40. The company's 50 day moving average is $241.75 and its two-hundred day moving average is $200.30.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.15. Twilio had a return on equity of 5.09% and a net margin of 20.61%.The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the company posted $1.19 earnings per share. The firm's quarterly revenue was up 22.0% on a year-over-year basis. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, sell-side analysts anticipate that Twilio Inc. will post 3.12 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on TWLO shares. HSBC downgraded shares of Twilio from a "hold" rating to a "reduce" rating and set a $211.00 price objective on the stock. in a research note on Thursday, September 24th. Citigroup reissued a "market outperform" rating on shares of Twilio in a research note on Thursday, August 27th. Mizuho set a $270.00 target price on Twilio in a report on Wednesday, August 12th. Citizens Jmp reaffirmed a "market outperform" rating and set a $275.00 target price on shares of Twilio in a research report on Thursday, August 27th. Finally, Rosenblatt Securities lifted their price target on Twilio from $275.00 to $290.00 and gave the company a "buy" rating in a report on Tuesday, September 22nd. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, Twilio has an average rating of "Moderate Buy" and a consensus target price of $250.39.

Hedge Funds Weigh In On Twilio

Several hedge funds have recently modified their holdings of TWLO. Glynn Capital Management LLC grew its position in Twilio by 38,960.4% during the 3rd quarter. Glynn Capital Management LLC now owns 39,451 shares of the technology company's stock worth $11,538,000 after purchasing an additional 39,350 shares during the last quarter. Congress Asset Management Co. raised its holdings in shares of Twilio by 16.2% in the third quarter. Congress Asset Management Co. now owns 160,425 shares of the technology company's stock worth $46,918,000 after buying an additional 22,311 shares during the last quarter. Eleva Capital SAS purchased a new position in shares of Twilio in the third quarter worth $3,020,000. Central Pacific Bank Trust Division lifted its stake in shares of Twilio by 39.8% during the third quarter. Central Pacific Bank Trust Division now owns 4,528 shares of the technology company's stock worth $1,324,000 after buying an additional 1,289 shares during the period. Finally, Eastern Bank acquired a new stake in shares of Twilio during the third quarter worth $731,000. Institutional investors and hedge funds own 84.27% of the company's stock.

About Twilio

Twilio Inc is a communications technology company that provides a cloud-based platform for businesses to engage with customers through digital channels. Its software and application programming interfaces (APIs) support communications capabilities such as voice calling, messaging, video, email, authentication and contact-center interactions.

The company's offerings include programmable communications services, customer data and engagement tools, and contact-center solutions. Twilio also provides email services through SendGrid and customer data platform capabilities through Segment, which it acquired in 2020.

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