Twilio Inc. $TWLO Holdings Trimmed by Glenmede Trust Co. NA

Glenmede Trust Co. NA reduced its position in shares of Twilio Inc. (NYSE:TWLO) by 1.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 481,264 shares of the technology company’s stock after selling 4,759 shares during the period. Glenmede Trust Co. NA’s holdings in Twilio were worth $60,553,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Raleigh Capital Management Inc. purchased a new stake in shares of Twilio in the fourth quarter valued at $26,000. SHP Wealth Management purchased a new position in shares of Twilio during the fourth quarter valued at $26,000. Zions Bancorporation National Association UT purchased a new position in shares of Twilio during the fourth quarter valued at $29,000. Aster Capital Management DIFC Ltd acquired a new position in Twilio during the fourth quarter valued at $29,000. Finally, Osbon Capital Management LLC acquired a new position in Twilio during the fourth quarter valued at $30,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Price Performance

Shares of NYSE:TWLO opened at $197.48 on Friday. The firm has a market cap of $29.97 billion, a price-to-earnings ratio of 308.57, a P/E/G ratio of 3.80 and a beta of 1.36. Twilio Inc. has a 1 year low of $91.84 and a 1 year high of $238.48. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.13. The business has a fifty day simple moving average of $202.11 and a 200 day simple moving average of $158.88.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, April 30th. The technology company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.27 by $0.23. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The firm had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the previous year, the company posted $1.14 earnings per share. The business’s quarterly revenue was up 20.0% compared to the same quarter last year. As a group, sell-side analysts predict that Twilio Inc. will post 2.79 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on TWLO shares. Weiss Ratings raised Twilio from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. BTIG Research upped their target price on Twilio from $215.00 to $245.00 and gave the company a “buy” rating in a report on Tuesday. Citizens Jmp upped their target price on Twilio from $210.00 to $250.00 and gave the company a “market outperform” rating in a report on Monday, July 20th. Citigroup reissued an “outperform” rating on shares of Twilio in a research report on Monday, July 20th. Finally, Zacks Research upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Four research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $220.59.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 14,458 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $210.43, for a total value of $3,042,396.94. Following the completion of the sale, the chief executive officer owned 207,203 shares of the company’s stock, valued at approximately $43,601,727.29. The trade was a 6.52% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew Stafman sold 1,000,000 shares of the stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $184.14, for a total value of $184,140,000.00. Following the completion of the transaction, the director owned 620,000 shares in the company, valued at $114,166,800. This represents a 61.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,803,980 shares of company stock valued at $341,898,467 over the last 90 days. Company insiders own 0.21% of the company’s stock.

Twilio Profile

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.