Fjarde AP Fonden Fourth Swedish National Pension Fund Lowers Stock Holdings in Twilio Inc. $TWLO

Key Points

• The Fjarde AP Fonden Fourth Swedish National Pension Fund reduced its stake in Twilio Inc. by 10.1%, ending the first quarter with 31,992 shares valued at approximately $3.13 million.
• Several hedge funds, including Jericho Capital and UBS AM, have made significant changes to their positions in Twilio, with UBS AM increasing its stake by 26.1%.
• Analyst ratings for Twilio are mixed; while Goldman Sachs raised its target price to $145, Wall Street Zen downgraded the stock from a "strong-buy" to a "buy" rating, reflecting a varied outlook on its performance.

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 10.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,992 shares of the technology company's stock after selling 3,600 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund's holdings in Twilio were worth $3,132,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Jericho Capital Asset Management L.P. acquired a new stake in shares of Twilio during the fourth quarter valued at about $301,258,000. Two Sigma Investments LP grew its stake in shares of Twilio by 1,292.9% during the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock worth $122,101,000 after acquiring an additional 1,048,619 shares during the period. Whale Rock Capital Management LLC bought a new position in Twilio in the 4th quarter worth about $111,312,000. Two Sigma Advisers LP boosted its stake in Twilio by 683.0% in the 4th quarter. Two Sigma Advisers LP now owns 935,697 shares of the technology company's stock worth $101,130,000 after purchasing an additional 816,197 shares during the period. Finally, KBC Group NV raised its holdings in shares of Twilio by 236.3% in the 1st quarter. KBC Group NV now owns 945,594 shares of the technology company's stock valued at $92,583,000 after acquiring an additional 664,420 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Twilio Stock Down 1.6%

Shares of NYSE:TWLO traded down $1.6730 on Tuesday, reaching $103.3770. The company had a trading volume of 5,318,437 shares, compared to its average volume of 5,465,317. 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 firm has a market capitalization of $15.86 billion, a PE ratio of 861.55, a PEG ratio of 3.35 and a beta of 1.23. Twilio Inc. has a 52-week low of $56.85 and a 52-week high of $151.95. The firm's 50 day simple moving average is $119.21 and its 200-day simple moving average is $112.45.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly 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. The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm's revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

TWLO has been the topic of a number of research reports. Wall Street Zen cut Twilio from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. KeyCorp initiated coverage on Twilio in a research report on Friday, June 6th. They set an "overweight" rating and a $146.00 price target on the stock. The Goldman Sachs Group boosted their target price on Twilio from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Wells Fargo & Company lowered their price target on Twilio from $160.00 to $120.00 and set an "overweight" rating on the stock in a report on Tuesday, April 22nd. Finally, Tigress Financial restated a "buy" rating and issued a $170.00 price target on shares of Twilio in a research report on Thursday, May 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $126.74.

Insider Activity at Twilio

In related news, Director Erika Rottenberg sold 4,100 shares of the stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $120.03, for a total value of $492,123.00. Following the transaction, the director owned 33,488 shares of the company's stock, valued at $4,019,564.64. This represents a 10.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 20,008 shares of the company's 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 completion of the transaction, the chief executive officer owned 260,581 shares of the company's stock, valued at $32,450,151.93. This represents a 7.13% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 55,771 shares of company stock worth $6,727,911. Insiders own 4.50% of the company's stock.

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.