Twilio Inc. $TWLO Shares Sold by North Dakota State Investment Board

North Dakota State Investment Board reduced its position in shares of Twilio Inc. (NYSE:TWLO) by 50.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,529 shares of the technology company’s stock after selling 4,636 shares during the quarter. North Dakota State Investment Board’s holdings in Twilio were worth $1,325,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Western Pacific Wealth Management LP acquired a new stake in Twilio in the third quarter valued at approximately $39,000. Continuum Advisory LLC bought a new stake in shares of Twilio during the second quarter valued at approximately $33,000. Reyes Financial Architecture Inc. acquired a new position in shares of Twilio during the third quarter worth approximately $58,000. Hilltop National Bank acquired a new position in shares of Twilio during the second quarter worth approximately $50,000. Finally, Ascentis Independent Advisors acquired a new position in shares of Twilio during the first quarter worth approximately $33,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 14,442 shares of Twilio stock in a transaction on Monday, October 5th. The shares were sold at an average price of $291.03, for a total transaction of $4,203,055.26. Following the transaction, the chief executive officer directly owned 178,863 shares of the company’s stock, valued at $52,054,498.89. The trade was a 7.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aidan Viggiano sold 9,084 shares of Twilio stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $294.65, for a total transaction of $2,676,600.60. Following the transaction, the chief financial officer directly owned 99,246 shares in the company, valued at $29,242,833.90. This represents a 8.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 538,818 shares of company stock worth $134,833,645. Corporate insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

TWLO has been the topic of a number of recent research reports. Oppenheimer increased their target price on Twilio from $275.00 to $325.00 and gave the stock an “outperform” rating in a report on Wednesday, October 21st. Rosenblatt Securities upped their price objective on shares of Twilio from $275.00 to $290.00 and gave the stock a “buy” rating in a report on Tuesday, September 22nd. Citizens Jmp restated a “market outperform” rating and set a $275.00 price objective on shares of Twilio in a report on Thursday, August 27th. UBS Group reaffirmed a “buy” rating and issued a $255.00 price objective on shares of Twilio in a research note on Friday. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $240.00 price objective on shares of Twilio in a report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $268.00.

Twilio News Roundup

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Twilio reported third-quarter revenue of $1.56 billion, up nearly 20% year over year and above the $1.52 billion analyst consensus. Adjusted earnings of $1.65 per share also exceeded estimates of approximately $1.46-$1.47. Twilio Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Demand for messaging, voice, email and artificial-intelligence-related communications supported growth, while profitability improved. Management also raised its full-year 2026 revenue outlook. Twilio Q3 Earnings Beat Estimates on Strong Revenue Growth
• Positive Sentiment: Record free cash flow and management’s view that long-term AI demand remains intact provide support for the company’s longer-term growth thesis. TWLO Stock and AI Demand
• Neutral Sentiment: Needham maintained a “buy” rating but lowered its price target from $280 to $240, reflecting continued confidence in Twilio while acknowledging increased near-term uncertainty. Needham Twilio Rating
• Negative Sentiment: Organic revenue growth was 16% in the third quarter, but management expects it to slow to roughly 11%-12% in the fourth quarter. The lower growth forecast overshadowed the earnings beat and raised concerns that AI benefits may take longer to accelerate. Twilio Sees Slower Q4 Growth and Lower Profit
• Negative Sentiment: The fourth-quarter outlook also points to lower profit, prompting investors to reassess Twilio’s elevated valuation despite strong cash generation and a raised full-year revenue forecast. Twilio Stock Sinks as Slowing Growth Raises Concerns

Twilio Stock Performance

Shares of Twilio stock opened at $205.95 on Friday. The company has a market cap of $31.63 billion, a PE ratio of 25.91, a price-to-earnings-growth ratio of 4.96 and a beta of 1.35. Twilio Inc. has a 52 week low of $105.00 and a 52 week high of $308.40. The business has a 50 day moving average price of $256.56 and a 200-day moving average price of $188.15. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, October 29th. The technology company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Twilio had a return on equity of 5.74% and a net margin of 21.82%. The company’s revenue for the quarter was up 19.9% on a year-over-year basis. During the same quarter last year, the company earned $1.25 earnings per share. Equities analysts anticipate that Twilio Inc. will post 3.12 earnings per share for the current fiscal year.

Twilio Profile

Twilio Inc (NYSE:TWLO) provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company’s products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.