Allspring Global Investments Holdings LLC Decreases Position in Twilio Inc. $TWLO

Key Points

• Allspring Global Investments Holdings LLC reduced its stake in Twilio Inc. by 4.7%, now holding approximately 233,117 shares valued at $27.3 million as of the latest SEC filing.
• Insider transactions saw CEO Khozema Shipchandler and CFO Aidan Viggiano selling a combined total of 22,044 shares at an average price of $100.59 each, representing a decrease in their ownership percentages.
• Analysts maintain a generally positive outlook on Twilio, with an average price target of $130.22 and ratings indicating a strong bias towards "buy" despite a recent price target reduction from $150.00 to $135.00 by UBS Group.

Allspring Global Investments Holdings LLC lessened its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 4.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 233,117 shares of the technology company's stock after selling 11,400 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.15% of Twilio worth $27,328,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TWLO. Woodward Diversified Capital LLC lifted its position in shares of Twilio by 1.5% during the 1st quarter. Woodward Diversified Capital LLC now owns 7,163 shares of the technology company's stock worth $701,000 after purchasing an additional 103 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in shares of Twilio by 2.9% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 3,980 shares of the technology company's stock worth $495,000 after purchasing an additional 113 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its position in Twilio by 1.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,430 shares of the technology company's stock valued at $825,000 after acquiring an additional 114 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in Twilio by 12.1% in the first quarter. Smartleaf Asset Management LLC now owns 1,104 shares of the technology company's stock valued at $109,000 after acquiring an additional 119 shares during the last quarter. Finally, Strengthening Families & Communities LLC lifted its position in Twilio by 5.8% in the first quarter. Strengthening Families & Communities LLC now owns 2,278 shares of the technology company's stock valued at $223,000 after acquiring an additional 125 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on TWLO. Weiss Ratings reissued a "hold (c-)" rating on shares of Twilio in a research report on Wednesday, October 8th. Royal Bank Of Canada reissued an "underperform" rating and issued a $75.00 price target on shares of Twilio in a research report on Wednesday, September 17th. Wells Fargo & Company began coverage on shares of Twilio in a research report on Tuesday, September 30th. They issued an "overweight" rating and a $130.00 price target for the company. UBS Group reduced their price target on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $140.00 price objective on shares of Twilio in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $130.22.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 13,681 shares of the business's stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the transaction, the chief executive officer directly owned 233,305 shares in the company, valued at $23,468,149.95. The trade was a 5.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Aidan Viggiano sold 8,363 shares of the business's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17. Following the transaction, the chief financial officer owned 137,653 shares in the company, valued at approximately $13,846,515.27. This trade represents a 5.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 44,808 shares of company stock worth $4,677,916. Company insiders own 0.21% of the company's stock.

Twilio Trading Down 1.6%

Shares of Twilio stock opened at $106.16 on Friday. Twilio Inc. has a 52-week low of $69.40 and a 52-week high of $151.95. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12. The company's 50-day simple moving average is $104.62 and its 200-day simple moving average is $109.04. The firm has a market cap of $16.29 billion, a price-to-earnings ratio of 884.74, a price-to-earnings-growth ratio of 3.34 and a beta of 1.25.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the business posted $0.87 earnings per share. The business'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. As a group, equities research analysts anticipate that Twilio Inc. will post 1.44 earnings per share 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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