Thames Capital Management LLC Sells 38,799 Shares of Twilio Inc. $TWLO

Thames Capital Management LLC trimmed its position in shares of Twilio Inc. (NYSE:TWLO) by 52.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,799 shares of the technology company’s stock after selling 38,799 shares during the quarter. Thames Capital Management LLC’s holdings in Twilio were worth $4,452,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in TWLO. CENTRAL TRUST Co acquired a new stake in Twilio during the 2nd quarter worth $25,000. GFG Capital LLC bought a new stake in shares of Twilio in the second quarter worth about $25,000. Hilltop National Bank acquired a new stake in shares of Twilio during the second quarter worth about $26,000. Financial Gravity Companies Inc. acquired a new stake in shares of Twilio during the second quarter worth about $35,000. Finally, TCTC Holdings LLC lifted its holdings in shares of Twilio by 118.1% during the 1st 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. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,035 shares of the stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $115.00, for a total value of $924,025.00. Following the completion of the sale, the chief financial officer owned 129,618 shares in the company, valued at $14,906,070. This trade represents a 5.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 12,922 shares of Twilio stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $104.09, for a total transaction of $1,345,050.98. Following the completion of the transaction, the chief executive officer directly owned 220,383 shares of the company’s stock, valued at approximately $22,939,666.47. This trade represents a 5.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 43,001 shares of company stock valued at $4,486,482. 4.50% of the stock is currently owned by insiders.

Twilio Stock Down 2.0%

Shares of Twilio stock traded down $2.50 during trading hours on Monday, reaching $122.87. 236,654 shares of the company’s stock were exchanged, compared to its average volume of 3,048,291. The stock has a market cap of $18.85 billion, a P/E ratio of 299.43, a P/E/G ratio of 3.36 and a beta of 1.33. The company has a 50 day moving average of $112.11 and a two-hundred day moving average of $114.20. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13. Twilio Inc. has a fifty-two week low of $77.51 and a fifty-two week 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 (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.18. The business had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.Twilio’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TWLO. Needham & Company LLC increased their target price on Twilio from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. Oppenheimer set a $145.00 price target on shares of Twilio and gave the company an “outperform” rating in a report on Friday, October 31st. FBN Securities upgraded shares of Twilio to a “strong-buy” rating in a report on Wednesday, November 12th. Stifel Nicolaus boosted their price objective on shares of Twilio from $110.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, October 31st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $140.00 target price on shares of Twilio in a report on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $139.26.

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.