Kestra Advisory Services LLC Trims Position in Twilio Inc. $TWLO

Key Points

• Kestra Advisory Services LLC has reduced its holdings in Twilio Inc. by 28%, now owning 13,263 shares worth approximately $1.3 million.
• Insider transactions included CEO Khozema Shipchandler selling 13,595 shares for about $1.59 million, representing a 5.22% decrease in his position.
• Wall Street analysts have mixed ratings for Twilio, with a consensus target price of $129.32 and various analysts reiterating buy ratings despite some lowering their price targets.

Kestra Advisory Services LLC lessened its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 28.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,263 shares of the technology company's stock after selling 5,156 shares during the period. Kestra Advisory Services LLC's holdings in Twilio were worth $1,299,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. LRI Investments LLC acquired a new position in shares of Twilio during the 1st quarter worth about $25,000. Financial Gravity Asset Management Inc. acquired a new stake in Twilio in the 1st quarter valued at about $28,000. TCTC Holdings LLC raised its holdings in Twilio by 118.1% in the 1st quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock valued at $33,000 after acquiring an additional 183 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in Twilio in the 1st quarter valued at about $34,000. Finally, UMB Bank n.a. acquired a new stake in Twilio in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,297 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total value of $971,163.85. Following the completion of the transaction, the chief financial officer owned 147,823 shares in the company, valued at $17,302,682.15. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction on Monday, June 30th. The stock was 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 approximately $32,450,151.93. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,671 shares of company stock valued at $6,235,788. Insiders own 4.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. KeyCorp assumed coverage on shares of Twilio in a report on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective for the company. Needham & Company LLC reiterated a "buy" rating and issued a $125.00 price objective on shares of Twilio in a report on Friday, May 16th. Tigress Financial restated a "buy" rating and set a $170.00 price target on shares of Twilio in a report on Thursday, May 8th. Piper Sandler raised their price target on shares of Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Finally, Wall Street Zen downgraded shares of Twilio from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $129.32.

Twilio Trading Up 0.9%

Twilio stock traded up $0.90 during trading on Thursday, hitting $106.14. The company had a trading volume of 952,669 shares, compared to its average volume of 3,202,281. Twilio Inc. has a 1-year low of $56.85 and a 1-year 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 company's 50 day simple moving average is $116.36 and its 200-day simple moving average is $109.68. The stock has a market cap of $16.29 billion, a price-to-earnings ratio of 884.57, a price-to-earnings-growth ratio of 3.31 and a beta of 1.27.

Twilio (NYSE:TWLO - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $1.19 billion. During the same quarter last year, the firm earned $0.87 EPS. The firm's revenue for the quarter was up 13.5% on a year-over-year basis. 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 EPS for the current fiscal year.

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.