Twilio Inc. $TWLO Shares Sold by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S reduced its holdings in Twilio Inc. by 56.6% in Q1, selling 9,501 shares and leaving them with 7,276 shares valued at approximately $712,000.
• Several other institutional investors also modified their positions in Twilio, with a majority of the company's stock (84.27%) now owned by institutional investors.
• Twilio reported Q2 earnings of $1.19 per share, exceeding analysts' expectations, with a year-over-year revenue growth of 13.5% and set guidance for Q3 EPS between 1.010 and 1.060.

BI Asset Management Fondsmaeglerselskab A S reduced its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 56.6% in the first quarter, according to its most recent filing with the SEC. The fund owned 7,276 shares of the technology company's stock after selling 9,501 shares during the period. BI Asset Management Fondsmaeglerselskab A S's holdings in Twilio were worth $712,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Woodward Diversified Capital LLC increased its stake in 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 buying an additional 103 shares in the last quarter. Nations Financial Group Inc. IA ADV grew 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 worth $825,000 after acquiring an additional 114 shares during the period. Strengthening Families & Communities LLC grew 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 worth $223,000 after acquiring an additional 125 shares during the period. Tower Research Capital LLC TRC grew its position in Twilio by 6.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,213 shares of the technology company's stock worth $239,000 after acquiring an additional 140 shares during the period. Finally, Signaturefd LLC boosted its position in shares of Twilio by 4.9% during the first quarter. Signaturefd LLC now owns 3,560 shares of the technology company's stock worth $349,000 after buying an additional 167 shares during the period. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CFO Aidan Viggiano sold 8,297 shares of the firm's stock in a transaction dated 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 of the company's stock, valued at $17,302,682.15. This trade represents a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 20,008 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $124.53, for a total value 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 represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 55,771 shares of company stock valued at $6,727,911 over the last quarter. 4.50% of the stock is currently owned by insiders.

Twilio Stock Performance

Shares of TWLO traded down $1.77 during midday trading on Monday, reaching $104.61. 1,599,353 shares of the stock were exchanged, compared to its average volume of 5,850,323. The business's 50-day moving average price is $118.20 and its 200 day moving average price is $111.01. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. Twilio Inc. has a twelve month low of $56.85 and a twelve month high of $151.95. The company has a market capitalization of $16.05 billion, a price-to-earnings ratio of 871.82, a PEG ratio of 3.36 and a beta of 1.23.

Twilio (NYSE:TWLO - Get Free Report) last posted its earnings results 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 return on equity of 2.78% and a net margin of 0.43%.The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter in the previous year, the firm earned $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. On average, sell-side analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently issued reports on TWLO shares. Tigress Financial reiterated a "buy" rating and issued a $170.00 price objective on shares of Twilio in a research note on Thursday, May 8th. Robert W. Baird reduced their price objective on Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Wall Street Zen cut Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. UBS Group cut their price target on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. Finally, Piper Sandler raised their price target on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $126.74.

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.