Twilio Inc. $TWLO Stock Holdings Cut by Bank of New York Mellon Corp

Bank of New York Mellon Corp lessened its position in Twilio Inc. (NYSE:TWLO) by 9.7% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 772,013 shares of the technology company’s stock after selling 82,743 shares during the period. Bank of New York Mellon Corp owned approximately 0.51% of Twilio worth $96,007,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TWLO. Wellington Management Group LLP boosted its position in Twilio by 4,280.5% during the 1st quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock worth $25,463,000 after acquiring an additional 254,132 shares during the period. Bank of Nova Scotia lifted its position in shares of Twilio by 502.1% in the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company’s stock worth $3,167,000 after purchasing an additional 26,970 shares in the last quarter. ASR Vermogensbeheer N.V. acquired a new stake in shares of Twilio during the first quarter worth approximately $716,000. Knights of Columbus Asset Advisors LLC purchased a new position in Twilio during the second quarter valued at approximately $4,809,000. Finally, OneDigital Investment Advisors LLC purchased a new position in Twilio during the first quarter valued at approximately $294,000. Institutional investors own 84.27% of the company’s stock.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 8,035 shares of the business’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $115.00, for a total transaction of $924,025.00. Following the completion of the transaction, the chief financial officer owned 129,618 shares of the company’s stock, valued at $14,906,070. The trade was a 5.84% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 12,922 shares of the company’s 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 sale, the chief executive officer owned 220,383 shares of the company’s stock, valued at $22,939,666.47. This trade represents a 5.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 44,808 shares of company stock valued at $4,677,916 over the last 90 days. 0.21% of the stock is owned by corporate insiders.

Twilio Stock Performance

TWLO opened at $127.54 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.90 and a current ratio of 4.68. The company has a market cap of $19.57 billion, a PE ratio of 311.08, a price-to-earnings-growth ratio of 3.42 and a beta of 1.33. The stock has a 50-day moving average of $109.93 and a 200-day moving average of $112.88. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $151.95.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, October 30th. The technology company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.18. The firm had revenue of $1.30 billion during 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%.The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the company earned $1.02 EPS. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. As a group, equities research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TWLO has been the subject of a number of research reports. UBS Group lifted their target price on shares of Twilio from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Piper Sandler lifted their price objective on Twilio from $144.00 to $145.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. upped their target price on Twilio from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Morgan Stanley reaffirmed an “overweight” rating and set a $154.00 price target on shares of Twilio in a research note on Friday, October 31st. Finally, Wall Street Zen raised Twilio from a “buy” rating to a “strong-buy” rating in a research note on Monday, November 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $139.26.

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.