Sequoia Financial Advisors LLC Reduces Stake in Twilio Inc. $TWLO

Sequoia Financial Advisors LLC lowered its position in Twilio Inc. (NYSE:TWLO) by 25.5% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 7,151 shares of the technology company’s stock after selling 2,449 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Twilio were worth $1,475,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of TWLO. Royal Bank of Canada boosted its position in Twilio by 10.8% in the first quarter. Royal Bank of Canada now owns 3,261,235 shares of the technology company’s stock worth $410,330,000 after purchasing an additional 316,858 shares during the last quarter. Pictet Asset Management Holding SA lifted its stake in shares of Twilio by 17.6% in the 1st quarter. Pictet Asset Management Holding SA now owns 2,331,471 shares of the technology company’s stock worth $293,237,000 after purchasing an additional 349,131 shares during the period. Norges Bank purchased a new position in shares of Twilio in the fourth quarter worth approximately $273,862,000. Atreides Management LP boosted its holdings in shares of Twilio by 28.5% in the first quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock worth $115,956,000 after buying an additional 204,656 shares during the last quarter. Finally, KBC Group NV grew its position in Twilio by 1.4% during the first quarter. KBC Group NV now owns 790,548 shares of the technology company’s stock valued at $99,466,000 after buying an additional 11,014 shares during the period. Institutional investors own 84.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TWLO shares. Stifel Nicolaus set a $275.00 price target on shares of Twilio in a research report on Friday, August 7th. Citigroup restated a “market outperform” rating on shares of Twilio in a research note on Thursday, August 27th. UBS Group lifted their target price on Twilio from $200.00 to $285.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Weiss Ratings raised Twilio from a “hold (c)” rating to a “buy (b-)” rating in a report on Monday, August 17th. Finally, Tigress Financial upped their price target on Twilio from $170.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, June 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $249.68.

Twilio Stock Up 4.6%

Shares of TWLO stock opened at $242.48 on Wednesday. The stock has a market cap of $37.24 billion, a P/E ratio of 33.77, a PEG ratio of 4.81 and a beta of 1.40. Twilio Inc. has a 52 week low of $98.44 and a 52 week high of $258.35. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. The company’s fifty day simple moving average is $219.20 and its two-hundred day simple moving average is $183.98.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.32 by $0.15. The business had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.43 billion. Twilio had a net margin of 20.61% and a return on equity of 5.09%. The business’s revenue was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.19 EPS. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Analysts predict that Twilio Inc. will post 3.08 EPS for the current fiscal year.

Insider Activity at Twilio

In other Twilio news, Director Andrew Stafman sold 500,000 shares of Twilio stock in a transaction that occurred on Wednesday, August 12th. The stock was sold at an average price of $247.08, for a total value of $123,540,000.00. Following the sale, the director owned 120,000 shares of the company’s stock, valued at $29,649,600. The trade was a 80.65% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 9,093 shares of the stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $201.25, for a total value of $1,829,966.25. Following the transaction, the chief financial officer owned 118,252 shares of the company’s stock, valued at $23,798,215. This represents a 7.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 547,354 shares of company stock valued at $133,284,825. Insiders own 0.21% of the company’s stock.

Twilio Profile

Twilio Inc is a cloud communications and customer engagement technology company that provides application programming interfaces (APIs) and software tools for businesses. Its platform enables organizations to integrate communications capabilities such as voice calls, text messaging, email, video, authentication and customer support into websites, mobile applications and other digital products.

Twilio’s offerings include programmable communications services, customer data and analytics tools through Segment, and contact center software through Twilio Flex.