Westfield Capital Management Co. LP Sells 12,175 Shares of Twilio Inc. $TWLO

Westfield Capital Management Co. LP cut its holdings in shares of Twilio Inc. (NYSE:TWLO) by 1.5% during the second quarter, HoldingsChannel.com reports. The firm owned 806,789 shares of the technology company’s stock after selling 12,175 shares during the quarter. Westfield Capital Management Co. LP’s holdings in Twilio were worth $100,332,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. LSV Asset Management boosted its stake in Twilio by 0.7% in the second quarter. LSV Asset Management now owns 21,940 shares of the technology company’s stock valued at $2,728,000 after acquiring an additional 160 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Twilio by 0.3% during the second quarter. Nomura Asset Management Co. Ltd. now owns 43,495 shares of the technology company’s stock worth $5,409,000 after buying an additional 115 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in Twilio by 10.7% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 84,175 shares of the technology company’s stock valued at $10,468,000 after purchasing an additional 8,116 shares in the last quarter. Generali Investments Management Co LLC raised its holdings in Twilio by 570.8% in the second quarter. Generali Investments Management Co LLC now owns 4,441 shares of the technology company’s stock worth $552,000 after purchasing an additional 3,779 shares during the period. Finally, Integrated Quantitative Investments LLC bought a new position in shares of Twilio during the second quarter worth $981,000. 84.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Piper Sandler upped their price objective 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 boosted their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, October 31st. Stifel Nicolaus increased their price target on Twilio from $110.00 to $120.00 and gave the stock a “hold” rating in a report on Friday, October 31st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $150.00 price target on shares of Twilio in a research report on Friday, October 31st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $140.00 price objective on shares of Twilio in a research report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.26.

Twilio Stock Performance

Shares of Twilio stock opened at $123.51 on Thursday. The firm has a market cap of $18.95 billion, a price-to-earnings ratio of 298.10, a price-to-earnings-growth ratio of 3.23 and a beta of 1.33. The stock’s 50-day moving average is $112.93 and its 200-day moving average is $114.54. Twilio Inc. has a one year low of $77.51 and a one year high of $151.95. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.68 and a quick ratio of 4.68.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping 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 last year, the company earned $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. Equities analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CEO Khozema Shipchandler sold 12,922 shares of the business’s 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,514 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $123.28, for a total transaction of $186,645.92. Following the transaction, the chief financial officer owned 128,104 shares of the company’s stock, valued at $15,792,661.12. The trade was a 1.17% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 44,515 shares of company stock worth $4,673,128 over the last quarter. 0.21% of the stock is owned by corporate insiders.

Twilio Company 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.