State of New Jersey Common Pension Fund D Lowers Holdings in Twilio Inc. $TWLO

State of New Jersey Common Pension Fund D trimmed its position in Twilio Inc. (NYSE:TWLO) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in TWLO. Ninety One UK Ltd purchased a new stake in Twilio in the second quarter worth about $212,059,000. Nordea Investment Management AB lifted its position 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 purchasing an additional 1,097,695 shares during the period. KBC Group NV lifted its position in shares of Twilio by 236.3% in the 1st quarter. KBC Group NV now owns 945,594 shares of the technology company’s stock worth $92,583,000 after purchasing an additional 664,420 shares during the period. Alyeska Investment Group L.P. lifted its position in shares of Twilio by 36.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company’s stock worth $202,852,000 after purchasing an additional 553,043 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its position in shares of Twilio by 58.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,418,754 shares of the technology company’s stock worth $176,436,000 after purchasing an additional 521,713 shares during the period. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Khozema Shipchandler sold 13,681 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total value of $1,376,171.79. Following the completion of the transaction, the chief executive officer directly owned 233,305 shares in the company, valued at $23,468,149.95. This trade represents a 5.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 8,363 shares of the firm’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total value of $841,234.17. Following the completion of the transaction, the chief financial officer owned 137,653 shares of the company’s stock, valued at approximately $13,846,515.27. The trade was a 5.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,808 shares of company stock valued at $4,677,916 in the last 90 days. 4.50% of the stock is currently owned by company insiders.

Twilio Stock Performance

Shares of Twilio stock opened at $112.73 on Monday. The firm has a market capitalization of $17.30 billion, a P/E ratio of 939.45, a PEG ratio of 3.49 and a beta of 1.25. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12. The company has a 50 day moving average price of $105.93 and a 200 day moving average price of $110.22. Twilio Inc. has a 52 week low of $70.03 and a 52 week high of $151.95.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.17. The business had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The business’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Wall Street Analysts Forecast Growth

TWLO has been the subject of a number of analyst reports. Piper Sandler upped their target price on Twilio from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Rosenblatt Securities restated a “buy” rating and set a $140.00 price objective on shares of Twilio in a research note on Friday, September 26th. Morgan Stanley set a $152.00 price objective on Twilio in a research note on Tuesday, October 21st. UBS Group decreased their price target on shares of Twilio from $150.00 to $135.00 and set a “buy” rating for the company in a research report on Friday, August 8th. Finally, Royal Bank Of Canada reissued an “underperform” rating and set a $75.00 price target on shares of Twilio in a research report on Wednesday, September 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $132.00.

Twilio 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.