AQR Capital Management LLC Has $53.82 Million Holdings in Twilio Inc. $TWLO

Key Points

• AQR Capital Management LLC reduced its position in Twilio Inc. by 12.2%, owning 565,474 shares valued at approximately $53.82 million after selling 78,919 shares in Q1.
• Twilio reported $1.19 earnings per share for the last quarter, surpassing estimates, and achieved a 13.5% year-over-year revenue growth with a revenue of $1.23 billion.
• Currently, Twilio has a consensus rating of “Moderate Buy” from analysts, with a consensus price target of $129.78, indicating a positive outlook on the stock’s performance.

AQR Capital Management LLC lessened its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 12.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 565,474 shares of the technology company's stock after selling 78,919 shares during the quarter. AQR Capital Management LLC owned about 0.37% of Twilio worth $53,822,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. LRI Investments LLC acquired a new position in Twilio in the 1st quarter worth $25,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Twilio during the 1st quarter valued at about $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 valued at $33,000 after buying an additional 183 shares during the last quarter. Cloud Capital Management LLC bought a new stake in shares of Twilio during the 1st quarter valued at about $34,000. Finally, UMB Bank n.a. bought a new position in Twilio in the 1st quarter worth about $37,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 20,008 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the transaction, the chief executive officer owned 260,581 shares in the company, valued at $32,450,151.93. This represents a 7.13% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 8,297 shares of the stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $117.05, for a total transaction 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 51,671 shares of company stock worth $6,235,788. 4.50% of the stock is currently owned by company insiders.

Twilio Trading Down 2.4%

Twilio stock traded down $2.60 during midday trading on Wednesday, reaching $104.40. The stock had a trading volume of 2,418,739 shares, compared to its average volume of 3,185,660. The firm's fifty day simple moving average is $115.25 and its two-hundred day simple moving average is $109.24. Twilio Inc. has a twelve month low of $57.16 and a twelve month high of $151.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The firm has a market cap of $16.02 billion, a price-to-earnings ratio of 870.07, a PEG ratio of 3.42 and a beta of 1.27.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 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 firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the business posted $0.87 EPS. The company's revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Equities analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have commented on TWLO shares. Piper Sandler upped their target price 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. Jefferies Financial Group set a $132.00 price objective on shares of Twilio and gave the company a "hold" rating in a report on Sunday, June 15th. KeyCorp began coverage on shares of Twilio in a research note on Friday, June 6th. They set an "overweight" rating and a $146.00 target price for the company. Needham & Company LLC reissued a "buy" rating and set a $125.00 target price on shares of Twilio in a research note on Friday, May 16th. Finally, Wall Street Zen lowered shares of Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Twilio has an average rating of "Moderate Buy" and an average target price of $129.78.

Twilio 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.