Acadian Asset Management LLC Sells 355,231 Shares of Twilio Inc. $TWLO

Key Points

• Acadian Asset Management LLC has reduced its holdings in Twilio Inc. by 50.6%, selling 355,231 shares, leaving it with a total of 347,390 shares valued at approximately $34 million.
• Twilio reported earnings per share (EPS) of $1.19 for the last quarter, exceeding analysts' expectations, with revenue also up by 13.5% year-over-year.
• Investors are optimistic about Twilio, with several analysts issuing buy ratings and price targets ranging from $132.00 to $144.00.

Acadian Asset Management LLC decreased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 50.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 347,390 shares of the technology company's stock after selling 355,231 shares during the quarter. Acadian Asset Management LLC owned about 0.23% of Twilio worth $33,999,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TWLO. LRI Investments LLC acquired a new stake in shares of Twilio during the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Twilio during the 1st quarter worth approximately $28,000. TCTC Holdings LLC grew its position in shares of Twilio by 118.1% during the 1st quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock worth $33,000 after buying an additional 183 shares during the period. Cloud Capital Management LLC acquired a new stake in shares of Twilio during the 1st quarter worth approximately $34,000. Finally, UMB Bank n.a. acquired a new stake in shares of Twilio during the 1st quarter worth approximately $37,000. Institutional investors own 84.27% of the company's stock.

Twilio Stock Performance

NYSE TWLO opened at $104.40 on Thursday. The company has a fifty day simple moving average of $115.01 and a 200 day simple moving average of $109.21. Twilio Inc. has a 12-month low of $57.16 and a 12-month high of $151.95. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. The company has a market cap of $16.02 billion, a P/E ratio of 870.07, a PEG ratio of 3.35 and a beta of 1.27.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.17. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter last year, the firm posted $0.87 EPS. Twilio's revenue was up 13.5% compared to the same quarter last year. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 20,008 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the transaction, the chief executive officer directly owned 260,581 shares in the company, valued at approximately $32,450,151.93. This trade represents a 7.13% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 8,297 shares of the firm's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total value of $971,163.85. Following the transaction, the chief financial officer owned 147,823 shares in the company, valued at approximately $17,302,682.15. This trade represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 51,671 shares of company stock worth $6,235,788. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on TWLO shares. Rosenblatt Securities started coverage on shares of Twilio in a research report on Friday, September 5th. They set a "buy" rating and a $140.00 price objective for the company. Jefferies Financial Group set a $132.00 price objective on shares of Twilio and gave the stock a "hold" rating in a research report on Sunday, June 15th. Wall Street Zen downgraded shares of Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Piper Sandler raised their price objective on shares of Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Finally, KeyCorp initiated coverage on shares of Twilio in a research report on Friday, June 6th. They set an "overweight" rating and a $146.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $129.78.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.

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