Illinois Municipal Retirement Fund Acquires 72,633 Shares of Twilio Inc. $TWLO

Illinois Municipal Retirement Fund boosted its holdings in shares of Twilio Inc. (NYSE:TWLO) by 155.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,209 shares of the technology company’s stock after purchasing an additional 72,633 shares during the period. Illinois Municipal Retirement Fund’s holdings in Twilio were worth $14,825,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. LRI Investments LLC bought a new stake in shares of Twilio during the 1st quarter worth $25,000. GFG Capital LLC acquired a new position in Twilio during the second quarter worth about $25,000. Hilltop National Bank acquired a new position in Twilio during the second quarter worth about $26,000. TCTC Holdings LLC lifted its holdings in shares of Twilio by 118.1% in the first quarter. TCTC Holdings LLC now owns 338 shares of the technology company’s stock worth $33,000 after acquiring an additional 183 shares during the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Twilio in the 1st quarter valued at approximately $42,000. Institutional investors own 84.27% of the company’s stock.

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 8,035 shares of the stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $115.00, for a total transaction of $924,025.00. Following the completion of the sale, the chief financial officer owned 129,618 shares of the company’s stock, valued at approximately $14,906,070. This represents a 5.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 12,922 shares of the firm’s stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $104.09, for a total transaction of $1,345,050.98. Following the transaction, the chief executive officer owned 220,383 shares of the company’s stock, valued at approximately $22,939,666.47. The trade was a 5.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 44,808 shares of company stock valued at $4,677,916. Insiders own 4.50% of the company’s stock.

Twilio Price Performance

Shares of NYSE:TWLO opened at $130.72 on Tuesday. The firm has a market cap of $20.06 billion, a PE ratio of 318.83, a price-to-earnings-growth ratio of 3.42 and a beta of 1.33. The firm’s fifty day moving average is $110.43 and its 200-day moving average is $113.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.68 and a current ratio of 4.68. Twilio Inc. has a 52 week low of $77.51 and a 52 week high of $151.95.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.18. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.Twilio’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. Sell-side analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TWLO shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $150.00 price target on shares of Twilio in a report on Friday, October 31st. Piper Sandler raised their target price on shares of Twilio from $144.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Mizuho upped their price target on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, October 31st. Bank of America increased their price target on Twilio from $100.00 to $110.00 and gave the company an “underperform” rating in a research note on Friday, October 31st. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Twilio in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $139.26.

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.