Engineers Gate Manager LP Buys 73,170 Shares of Twilio Inc. $TWLO

Engineers Gate Manager LP raised its stake in Twilio Inc. (NYSE:TWLO) by 52.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 213,759 shares of the technology company’s stock after purchasing an additional 73,170 shares during the quarter. Engineers Gate Manager LP owned 0.14% of Twilio worth $26,583,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Norges Bank bought a new stake in Twilio during the second quarter worth $228,877,000. Ninety One UK Ltd purchased a new position in Twilio during the 2nd quarter worth $212,059,000. Nordea Investment Management AB grew its stake in shares of Twilio by 4,231.2% in the 2nd quarter. Nordea Investment Management AB now owns 1,123,638 shares of the technology company’s stock worth $139,736,000 after acquiring an additional 1,097,695 shares in the last quarter. Atreides Management LP raised its holdings in shares of Twilio by 533.1% in the second quarter. Atreides Management LP now owns 730,300 shares of the technology company’s stock valued at $90,820,000 after purchasing an additional 614,943 shares during the last quarter. Finally, Alyeska Investment Group L.P. lifted its position in shares of Twilio by 36.4% during the first quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company’s stock valued at $202,852,000 after purchasing an additional 553,043 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on TWLO shares. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $150.00 price objective on shares of Twilio in a research report on Friday, October 31st. KeyCorp upped their target price on Twilio from $146.00 to $156.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Oppenheimer set a $145.00 price target on Twilio and gave the stock an “outperform” rating in a report on Friday, October 31st. Royal Bank Of Canada restated an “underperform” rating and issued a $75.00 price objective on shares of Twilio in a research note on Wednesday, September 17th. Finally, Wells Fargo & Company raised their target price on Twilio from $130.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $139.26.

Insider Activity

In related news, CEO Khozema Shipchandler sold 12,922 shares of the company’s stock in a transaction that occurred on 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 sale, the chief executive officer directly owned 220,383 shares in the company, valued at approximately $22,939,666.47. This represents a 5.54% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Andrew Stafman sold 1,000,000 shares of Twilio stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $129.00, for a total transaction of $129,000,000.00. Following the completion of the transaction, the director owned 2,295,000 shares of the company’s stock, valued at $296,055,000. This represents a 30.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,044,515 shares of company stock valued at $133,673,128 over the last quarter. Company insiders own 0.21% of the company’s stock.

Twilio Stock Down 1.0%

Shares of NYSE TWLO opened at $132.83 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.68 and a quick ratio of 4.68. The stock has a market capitalization of $20.38 billion, a PE ratio of 323.98, a P/E/G ratio of 3.60 and a beta of 1.32. Twilio Inc. has a one year low of $77.51 and a one year high of $151.95. The business’s fifty day moving average price is $121.23 and its 200-day moving average price is $116.50.

Twilio (NYSE:TWLO) last announced 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. The business had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.The firm’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.02 EPS. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, equities research analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

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.