Tobam Sells 8,457 Shares of Twilio Inc. $TWLO

Tobam lessened its stake in Twilio Inc. (NYSE:TWLO) by 72.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,264 shares of the technology company’s stock after selling 8,457 shares during the quarter. Tobam’s holdings in Twilio were worth $406,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the company. CENTRAL TRUST Co bought a new position in shares of Twilio in the second quarter worth approximately $25,000. GFG Capital LLC bought a new position in Twilio in the 2nd quarter valued at approximately $25,000. Hilltop National Bank purchased a new stake in Twilio during the 2nd quarter valued at $26,000. LRI Investments LLC bought a new stake in shares of Twilio in the 1st quarter worth $25,000. Finally, TCTC Holdings LLC lifted its holdings in shares of Twilio by 118.1% during the first quarter. TCTC Holdings LLC now owns 338 shares of the technology company’s stock valued at $33,000 after purchasing an additional 183 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 13,681 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer directly owned 233,305 shares of the company’s stock, valued at $23,468,149.95. This trade represents a 5.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 8,363 shares of Twilio stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $841,234.17. Following the sale, the chief financial officer owned 137,653 shares in the company, valued at approximately $13,846,515.27. The trade was a 5.73% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 44,808 shares of company stock valued at $4,677,916. Corporate insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TWLO. Wall Street Zen cut shares of Twilio from a “strong-buy” rating to a “buy” rating in a report on Tuesday. The Goldman Sachs Group reissued a “buy” rating and set a $150.00 price target on shares of Twilio in a report on Friday, October 31st. TD Cowen raised their price target on Twilio from $117.00 to $125.00 and gave the stock a “hold” rating in a research note on Friday, October 31st. Bank of America increased their target price on Twilio from $100.00 to $110.00 and gave the company an “underperform” rating in a report on Friday, October 31st. Finally, Cowen reaffirmed a “hold” rating on shares of Twilio in a research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Twilio presently has a consensus rating of “Moderate Buy” and an average target price of $139.26.

Twilio Stock Performance

TWLO opened at $130.64 on Wednesday. The company has a 50 day simple moving average of $110.96 and a two-hundred day simple moving average of $113.57. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.68 and a quick ratio of 4.68. The firm has a market cap of $20.04 billion, a P/E ratio of 318.62, a PEG ratio of 3.50 and a beta of 1.33. Twilio Inc. has a 1-year low of $77.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO) last released its earnings results 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 company had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Twilio had a net margin of 1.37% and a return on equity of 3.36%. Twilio’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.02 EPS. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. Equities analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

About Twilio

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.