State of New Jersey Common Pension Fund D Trims Position in Twilio Inc. $TWLO

State of New Jersey Common Pension Fund D lowered its holdings in shares of Twilio Inc. (NYSE:TWLO) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,471 shares of the technology company’s stock after selling 719 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Twilio were worth $6,152,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. DDD Partners LLC purchased a new stake in shares of Twilio during the 2nd quarter valued at about $2,299,000. AlphaQuest LLC increased its stake in shares of Twilio by 45.2% in the 2nd quarter. AlphaQuest LLC now owns 2,092 shares of the technology company’s stock worth $260,000 after purchasing an additional 651 shares in the last quarter. West Michigan Advisors LLC purchased a new stake in shares of Twilio in the 2nd quarter worth $449,000. GLOBALT Investments LLC GA purchased a new stake in shares of Twilio in the 2nd quarter worth $615,000. Finally, Asset Management One Co. Ltd. increased its stake in shares of Twilio by 22.4% in the 2nd quarter. Asset Management One Co. Ltd. now owns 66,733 shares of the technology company’s stock worth $8,299,000 after purchasing an additional 12,205 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Wells Fargo & Company assumed coverage on Twilio in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $130.00 price target for the company. Morgan Stanley set a $152.00 target price on shares of Twilio in a report on Tuesday, October 21st. Rosenblatt Securities reissued a “buy” rating and issued a $140.00 target price on shares of Twilio in a report on Friday, September 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Twilio in a research note on Friday. Finally, Royal Bank Of Canada reiterated an “underperform” rating and issued a $75.00 price target on shares of Twilio in a research note on Wednesday, September 17th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Twilio has an average rating of “Moderate Buy” and a consensus price target of $132.00.

Twilio Price Performance

Shares of Twilio stock opened at $112.73 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.90 and a current ratio of 4.90. The stock has a 50 day moving average price of $105.93 and a 200-day moving average price of $110.22. The stock has a market cap of $17.30 billion, a price-to-earnings ratio of 939.45, a price-to-earnings-growth ratio of 3.49 and a beta of 1.25. Twilio Inc. has a one year low of $70.03 and a one year high of $151.95.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. Twilio’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. Equities analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 13,681 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the completion of the transaction, the chief executive officer owned 233,305 shares in the company, valued at $23,468,149.95. The trade was a 5.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 8,363 shares of the business’s stock in a transaction 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 directly owned 137,653 shares of the company’s stock, valued at $13,846,515.27. This represents a 5.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,808 shares of company stock valued at $4,677,916. 4.50% of the stock is owned by company insiders.

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.