Sumitomo Mitsui Trust Group Inc. Buys 3,374 Shares of Twilio Inc. $TWLO

Sumitomo Mitsui Trust Group Inc. lifted its stake in Twilio Inc. (NYSE:TWLO) by 1.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 309,394 shares of the technology company’s stock after purchasing an additional 3,374 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Twilio were worth $90,485,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Congress Asset Management Co. increased its holdings in Twilio by 16.2% in the 3rd quarter. Congress Asset Management Co. now owns 160,425 shares of the technology company’s stock valued at $46,918,000 after acquiring an additional 22,311 shares during the last quarter. Plato Investment Management Ltd bought a new position in shares of Twilio during the second quarter valued at approximately $1,637,000. Assenagon Asset Management S.A. grew its position in Twilio by 67.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company’s stock valued at $24,880,000 after acquiring an additional 48,742 shares during the last quarter. Nykredit A S bought a new position in shares of Twilio in the second quarter worth about $10,514,000. Finally, Aware Super Pty Ltd as trustee of Aware Super purchased a new position in shares of Twilio during the first quarter worth approximately $4,288,000. Institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling

In related news, CFO Aidan Viggiano sold 9,084 shares of the firm’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $294.65, for a total transaction of $2,676,600.60. Following the sale, the chief financial officer owned 99,246 shares of the company’s stock, valued at $29,242,833.90. This trade represents a 8.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Khozema Shipchandler sold 14,442 shares of Twilio stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $291.03, for a total value of $4,203,055.26. Following the completion of the transaction, the chief executive officer owned 178,863 shares in the company, valued at $52,054,498.89. This trade represents a 7.47% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 538,818 shares of company stock worth $134,833,645 in the last three months. 0.21% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TWLO has been the topic of several research reports. Wolfe Research upgraded Twilio to a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. dropped their target price on shares of Twilio from $335.00 to $300.00 and set an “overweight” rating on the stock in a report on Friday. KeyCorp raised their target price on shares of Twilio from $200.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Oppenheimer raised their target price on shares of Twilio from $275.00 to $325.00 and gave the company an “outperform” rating in a research report on Wednesday, October 21st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $330.00 price target on shares of Twilio in a report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $266.48.

Twilio Stock Up 1.0%

Shares of NYSE TWLO opened at $207.14 on Tuesday. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $31.81 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 5.20 and a beta of 1.35. The stock’s fifty day simple moving average is $256.20 and its two-hundred day simple moving average is $188.54. Twilio Inc. has a 12-month low of $105.00 and a 12-month high of $308.40.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, October 29th. The technology company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.47 by $0.18. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. The business’s revenue was up 19.9% compared to the same quarter last year. During the same period last year, the business posted $1.25 EPS. As a group, analysts expect that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Twilio News Roundup

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: AI demand and higher outlook support the stock: Twilio highlighted accelerating Voice AI adoption, solid enterprise demand and operating improvements during its third-quarter earnings call. Management raised its 2026 outlook, although it cautioned that margins remain under pressure. TWLO Q3 Earnings Call Highlights AI Demand and Higher Outlook
• Positive Sentiment: Quarterly results exceeded expectations: Twilio reported $1.65 in earnings per share versus the $1.47 consensus estimate and generated $1.56 billion in revenue, ahead of the $1.52 billion forecast. Revenue increased nearly 20% year over year, reinforcing the growth case for the communications and AI software provider. TWLO Q3 Earnings Call Highlights AI Demand and Higher Outlook
• Positive Sentiment: Some analysts remain bullish: Twilio was included among technology stocks viewed favorably by analysts, suggesting continued confidence in its growth opportunities. Analysts Are Bullish on These Technology Stocks

Twilio Company Profile

Twilio Inc (NYSE:TWLO) provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company’s products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.