Federated Hermes Inc. Purchases 11,577 Shares of Twilio Inc. $TWLO

Federated Hermes Inc. raised its position in Twilio Inc. (NYSE:TWLO) by 19.7% during the third quarter, according to its most recent filing with the SEC. The firm owned 70,294 shares of the technology company’s stock after purchasing an additional 11,577 shares during the period. Federated Hermes Inc.’s holdings in Twilio were worth $7,036,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. GFG Capital LLC bought a new stake in Twilio during the second quarter valued at $25,000. CENTRAL TRUST Co acquired a new position in shares of Twilio in the 2nd quarter valued at about $25,000. Hilltop National Bank acquired a new position in shares of Twilio in the 2nd quarter valued at about $26,000. SJS Investment Consulting Inc. boosted its position in shares of Twilio by 1,564.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after purchasing an additional 266 shares in the last quarter. Finally, First Horizon Corp acquired a new stake in Twilio during the third quarter worth approximately $28,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on TWLO. Rosenblatt Securities boosted their price target on Twilio from $140.00 to $180.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Stifel Nicolaus boosted their target price on shares of Twilio from $110.00 to $120.00 and gave the company a “hold” rating in a research report on Friday, October 31st. Morgan Stanley increased their target price on shares of Twilio from $154.00 to $169.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Wall Street Zen downgraded shares of Twilio from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 11th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $146.44.

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 13,336 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $134.28, for a total transaction of $1,790,758.08. Following the completion of the sale, the chief executive officer directly owned 193,781 shares of the company’s stock, valued at approximately $26,020,912.68. The trade was a 6.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 7,213 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $135.97, for a total value of $980,751.61. Following the completion of the transaction, the chief financial officer owned 112,236 shares in the company, valued at $15,260,728.92. This represents a 6.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,043,438 shares of company stock worth $135,022,770 in the last quarter. Insiders own 4.50% of the company’s stock.

Twilio Stock Performance

TWLO opened at $119.79 on Tuesday. Twilio Inc. has a 1-year low of $77.51 and a 1-year high of $149.19. The company has a market cap of $18.38 billion, a price-to-earnings ratio of 292.17, a PEG ratio of 2.35 and a beta of 1.32. The company’s fifty day moving average price is $132.13 and its two-hundred day moving average price is $119.98. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13.

About Twilio

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.