Generali Asset Management SPA SGR Sells 7,352 Shares of Twilio Inc. $TWLO

Key Points

• Generali Asset Management SPA SGR reduced its holdings in Twilio Inc. by 36.7% in the second quarter, selling 7,352 shares and leaving it with 12,708 shares valued at approximately $1,580,000.
• Twilio's CEO, Khozema Shipchandler, and CFO, Aidan Viggiano, both executed significant stock sales on September 30, resulting in a 5.54% and 5.73% decrease in their ownership, respectively.
• Analysts have mixed ratings on Twilio, with the consensus rating being a "Moderate Buy" and a price target of approximately $130.22.

Generali Asset Management SPA SGR reduced its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 36.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 12,708 shares of the technology company's stock after selling 7,352 shares during the quarter. Generali Asset Management SPA SGR's holdings in Twilio were worth $1,580,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Ritholtz Wealth Management raised its position in Twilio by 34.1% in the second quarter. Ritholtz Wealth Management now owns 19,620 shares of the technology company's stock valued at $2,440,000 after purchasing an additional 4,988 shares during the last quarter. Verdence Capital Advisors LLC raised its position in Twilio by 25.5% in the second quarter. Verdence Capital Advisors LLC now owns 9,472 shares of the technology company's stock valued at $1,178,000 after purchasing an additional 1,924 shares during the last quarter. Atria Wealth Solutions Inc. bought a new position in Twilio in the second quarter valued at about $721,000. Envestnet Portfolio Solutions Inc. bought a new position in Twilio in the second quarter valued at about $986,000. Finally, Sequoia Financial Advisors LLC raised its position in Twilio by 21.6% in the second quarter. Sequoia Financial Advisors LLC now owns 2,504 shares of the technology company's stock valued at $311,000 after purchasing an additional 444 shares during the last quarter. 84.27% of the stock is currently owned by institutional investors.

Insider Activity at Twilio

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

Twilio Trading Up 0.4%

NYSE TWLO opened at $106.67 on Friday. The business has a 50 day simple moving average of $104.78 and a 200 day simple moving average of $109.10. Twilio Inc. has a one year low of $69.40 and a one year high of $151.95. The stock has a market capitalization of $16.37 billion, a P/E ratio of 888.98, a P/E/G ratio of 3.29 and a beta of 1.25. 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 (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $1.19 billion. During the same quarter last year, the firm posted $0.87 earnings per share. The firm'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. Research analysts expect that Twilio Inc. will post 1.44 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have commented on TWLO shares. Wall Street Zen upgraded Twilio from a "buy" rating to a "strong-buy" rating in a research report on Saturday. UBS Group decreased their price target on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Weiss Ratings reissued a "hold (c-)" rating on shares of Twilio in a research note on Wednesday, October 8th. Piper Sandler increased 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. Finally, Wells Fargo & Company started coverage on Twilio in a research note on Tuesday, September 30th. They issued an "overweight" rating and a $130.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Twilio currently has a consensus rating of "Moderate Buy" and a consensus price target of $130.22.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.