Director-affiliated fund sells $130.6M in Twilio stock
TWLO has more than doubled off its 52-week low of $91.84.
Summary
An investment fund affiliated with Twilio director Andrew Stafman sold $130.6 million worth of company stock in an open market transaction.
Key Events · Ownership and Investor Activity · TWLO
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Significant Insider-Affiliated Sale
Sachem Head Capital Management LP, an investment fund where Twilio director Andrew Stafman is a partner, sold 675,000 shares of Class A Common Stock for a total of $130,639,500.
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Large Transaction Value
The sale represents a substantial transaction, accounting for 0.446% of the company's market capitalization, indicating a significant reduction in the fund's position.
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Director Association
The investment fund is associated with director Andrew Stafman, and other reporting persons are deemed directors by deputization, linking this large sale to insider activity.
Analysis · TWLO · Technology
Sachem Head Capital Management LP, an investment fund associated with Twilio director Andrew Stafman, executed a significant sale of Twilio shares. This transaction, valued at over $130 million, represents a notable reduction in the fund's holdings and could be interpreted as a decrease in conviction by a major institutional investor deemed an insider.
How filings like this one have moved
In the 30 days to Sep 17, 2026, 29.6% of the 1721 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.34%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, TWLO was trading at $191.63 on NYSE in the Technology sector, with a market capitalization of approximately $29.3B. The 52-week trading range was $91.84 to $203.71. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.