Intech Investment Management LLC Cuts Stock Position in Twilio Inc. $TWLO

Key Points

• Intech Investment Management LLC reduced its position in Twilio Inc. by 36%, now holding 87,135 shares valued at approximately $8.53 million.
• Other institutional investors, including Jericho Capital and Alyeska Investment Group, increased their stakes in Twilio during the same period.
• Twilio's stock is currently priced at $104.40, with analysts maintaining a consensus price target of $129.78 and a rating of "Moderate Buy."

Intech Investment Management LLC lessened its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 36.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 87,135 shares of the technology company's stock after selling 48,908 shares during the period. Intech Investment Management LLC owned 0.06% of Twilio worth $8,531,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Jericho Capital Asset Management L.P. increased its stake in Twilio by 17.7% in the 1st quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company's stock worth $321,180,000 after buying an additional 493,000 shares in the last quarter. Alyeska Investment Group L.P. increased its stake in Twilio by 36.4% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company's stock worth $202,852,000 after buying an additional 553,043 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Twilio by 19.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,920,443 shares of the technology company's stock worth $188,031,000 after buying an additional 318,015 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Twilio by 26.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,602,428 shares of the technology company's stock valued at $173,190,000 after purchasing an additional 331,202 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Twilio by 3.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,271,273 shares of the technology company's stock valued at $124,470,000 after purchasing an additional 41,896 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Twilio Trading Down 2.4%

TWLO opened at $104.40 on Thursday. The firm has a market cap of $16.02 billion, a P/E ratio of 870.07, a P/E/G ratio of 3.35 and a beta of 1.27. Twilio Inc. has a 12 month low of $57.16 and a 12 month high of $151.95. 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 stock has a 50-day moving average of $115.01 and a 200 day moving average of $109.21.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly 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. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, research analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Upgrades and Downgrades

TWLO has been the subject of a number of research analyst reports. Rosenblatt Securities initiated coverage on Twilio in a research report on Friday, September 5th. They set a "buy" rating and a $140.00 price objective for the company. Jefferies Financial Group set a $132.00 price objective on Twilio and gave the company a "hold" rating in a research report on Sunday, June 15th. Piper Sandler raised their price objective on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. KeyCorp initiated coverage on Twilio in a research report on Friday, June 6th. They set an "overweight" rating and a $146.00 price objective for the company. Finally, UBS Group cut their price objective on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $129.78.

Insider Activity

In related news, CEO Khozema Shipchandler sold 20,008 shares of Twilio 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 completion of the transaction, the chief executive officer owned 260,581 shares in the company, valued at approximately $32,450,151.93. This trade represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 completion of the sale, the chief financial officer directly owned 147,823 shares of the company's stock, valued at approximately $17,302,682.15. The trade was a 5.31% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,671 shares of company stock valued at $6,235,788. 0.21% of the stock is currently owned by company insiders.

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.

Want to see what other hedge funds are holding TWLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twilio Inc. (NYSE:TWLO - Free Report).

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.