Twilio Inc. (NYSE:TWLO) Sees Large Decline in Short Interest

Twilio Inc. (NYSE:TWLO) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 6,330,000 shares, a decline of 33.9% from the September 30th total of 9,570,000 shares. Based on an average daily volume of 3,520,000 shares, the days-to-cover ratio is currently 1.8 days. Currently, 4.3% of the company’s stock are sold short. Currently, 4.3% of the company’s stock are sold short. Based on an average daily volume of 3,520,000 shares, the days-to-cover ratio is currently 1.8 days.

Twilio Price Performance

Shares of NYSE:TWLO traded down $5.38 during mid-day trading on Tuesday, reaching $130.72. The stock had a trading volume of 1,204,820 shares, compared to its average volume of 3,109,523. Twilio has a 1 year low of $77.51 and a 1 year high of $151.95. 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 business’s 50 day moving average price is $107.97 and its 200 day moving average price is $111.80. The company has a market cap of $20.06 billion, a P/E ratio of 318.11, a price-to-earnings-growth ratio of 4.18 and a beta of 1.33.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.18. Twilio had a return on equity of 3.35% and a net margin of 1.37%.The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.25 billion. During the same period in the prior year, the business posted $1.02 earnings per share. The company’s quarterly revenue was up 14.7% compared to the same quarter last year. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. Research analysts expect that Twilio will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

TWLO has been the subject of several recent analyst reports. Needham & Company LLC boosted their price target on Twilio from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday. Wells Fargo & Company boosted their price target on Twilio from $130.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday. Royal Bank Of Canada restated an “underperform” rating and issued a $75.00 price target on shares of Twilio in a research note on Wednesday, September 17th. TD Cowen boosted their price target on Twilio from $117.00 to $125.00 and gave the stock a “hold” rating in a research note on Friday. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $150.00 price objective on shares of Twilio in a research report on Friday. 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 issued a Sell rating to the company. According to data from MarketBeat, Twilio has a consensus rating of “Moderate Buy” and a consensus price target of $139.26.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,035 shares of Twilio stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $115.00, for a total transaction of $924,025.00. Following the completion of the transaction, the chief financial officer owned 129,618 shares in the company, valued at approximately $14,906,070. The trade was a 5.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 12,922 shares of Twilio stock in a transaction on Friday, October 3rd. The shares were sold at an average price of $104.09, for a total value of $1,345,050.98. Following the transaction, the chief executive officer owned 220,383 shares of the company’s stock, valued at $22,939,666.47. The trade was a 5.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 44,808 shares of company stock worth $4,677,916 over the last 90 days. 4.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Twilio

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jericho Capital Asset Management L.P. raised its holdings in shares of Twilio by 17.7% in the first quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company’s stock worth $321,180,000 after buying an additional 493,000 shares during the period. Alyeska Investment Group L.P. raised its holdings in shares of Twilio by 36.4% in the first quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company’s stock worth $202,852,000 after buying an additional 553,043 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Twilio by 19.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,920,443 shares of the technology company’s stock worth $188,031,000 after buying an additional 318,015 shares during the period. Norges Bank purchased a new stake in shares of Twilio in the second quarter worth approximately $228,877,000. Finally, Ninety One UK Ltd purchased a new stake in shares of Twilio in the second quarter worth approximately $212,059,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

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.