Allianz Asset Management GmbH Reduces Stake in Twilio Inc. $TWLO

Key Points

• Allianz Asset Management GmbH has significantly reduced its stake in Twilio Inc. by 38.7%, resulting in ownership of approximately 0.10% of the company, valued at $19.37 million.
• Several other investors have either increased or established new stakes in Twilio, with 84.27% of the stock owned by hedge funds and institutional investors.
• Analysts have mixed opinions on Twilio, with ratings ranging from strong buy to sell, and a current average target price of $130.22 according to MarketBeat.

Allianz Asset Management GmbH reduced its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 38.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 155,775 shares of the technology company's stock after selling 98,245 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.10% of Twilio worth $19,372,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Jericho Capital Asset Management L.P. grew its holdings in Twilio by 17.7% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company's stock valued at $321,180,000 after buying an additional 493,000 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in Twilio by 36.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company's stock valued at $202,852,000 after buying an additional 553,043 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Twilio by 19.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,920,443 shares of the technology company's stock valued at $188,031,000 after buying an additional 318,015 shares in the last quarter. Ninety One UK Ltd purchased a new stake in Twilio in the 2nd quarter valued at $212,059,000. Finally, Robeco Institutional Asset Management B.V. grew its holdings in Twilio by 58.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,418,754 shares of the technology company's stock valued at $176,436,000 after buying an additional 521,713 shares in the last quarter. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TWLO has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Twilio in a research note on Wednesday, October 8th. Piper Sandler increased their target price on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Rosenblatt Securities reissued a "buy" rating and set a $140.00 price objective on shares of Twilio in a research report on Friday, September 26th. UBS Group lowered their price objective on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Finally, Wall Street Zen upgraded Twilio from a "buy" rating to a "strong-buy" rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $130.22.

Insider Activity at Twilio

In other news, CEO Khozema Shipchandler sold 12,922 shares of the firm's stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $104.09, for a total value of $1,345,050.98. Following the completion of the sale, the chief executive officer directly owned 220,383 shares of the company's stock, valued at $22,939,666.47. This trade represents a 5.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 8,035 shares of the firm's stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $115.00, for a total value of $924,025.00. Following the completion of the sale, the chief financial officer directly owned 129,618 shares of the company's stock, valued at $14,906,070. This represents a 5.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,808 shares of company stock valued at $4,677,916 over the last three months. Insiders own 4.50% of the company's stock.

Twilio Trading Up 0.4%

Shares of TWLO stock opened at $106.67 on Monday. The business's 50 day moving average is $104.78 and its two-hundred day moving average is $109.29. Twilio Inc. has a twelve month low of $69.40 and a twelve month high of $151.95. The company has a market capitalization of $16.37 billion, a P/E ratio of 888.98, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12.

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

About Twilio

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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