Twilio Inc. $TWLO Shares Sold by King Luther Capital Management Corp

King Luther Capital Management Corp reduced its holdings in Twilio Inc. (NYSE:TWLO) by 2.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 159,705 shares of the technology company’s stock after selling 4,473 shares during the period. King Luther Capital Management Corp’s holdings in Twilio were worth $19,861,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of TWLO. Wellington Management Group LLP raised its position in Twilio by 4,280.5% in the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock valued at $25,463,000 after purchasing an additional 254,132 shares during the period. Bank of Nova Scotia grew its holdings in shares of Twilio by 502.1% during the 1st 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 during the period. ASR Vermogensbeheer N.V. acquired a new stake in shares of Twilio during the 1st quarter worth about $716,000. Knights of Columbus Asset Advisors LLC purchased a new stake in Twilio in the 2nd quarter valued at about $4,809,000. Finally, OneDigital Investment Advisors LLC purchased a new stake in Twilio in the 1st quarter valued at about $294,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Price Performance

Twilio stock opened at $127.54 on Monday. The company has a quick ratio of 4.68, a current ratio of 4.68 and a debt-to-equity ratio of 0.13. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $151.95. The firm 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 company’s 50 day moving average is $109.93 and its two-hundred day moving average is $113.06.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.18. The business had revenue of $1.30 billion for 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 was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, research analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Activity

In related news, CFO Aidan Viggiano sold 8,035 shares of the company’s stock in a transaction that occurred 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 sale, the chief financial officer directly owned 129,618 shares in the company, valued at approximately $14,906,070. This represents a 5.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Khozema Shipchandler sold 12,922 shares of the firm’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 completion of the sale, the chief executive officer directly owned 220,383 shares in the company, valued at approximately $22,939,666.47. This trade represents a 5.54% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 44,808 shares of company stock worth $4,677,916. 4.50% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have weighed in on TWLO. Bank of America increased their target price on shares of Twilio from $100.00 to $110.00 and gave the stock an “underperform” rating in a research note on Friday, October 31st. JPMorgan Chase & Co. increased their price objective on shares of Twilio from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Morgan Stanley reiterated an “overweight” rating and issued a $154.00 target price on shares of Twilio in a report on Friday, October 31st. Wall Street Zen raised Twilio from a “buy” rating to a “strong-buy” rating in a research report on Monday, November 3rd. Finally, Monness Crespi & Hardt raised their price target on Twilio from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Twilio has a consensus rating of “Moderate Buy” and an average price target of $139.26.

About Twilio

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.