MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Sells 33,449 Shares of Twilio Inc. $TWLO

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. decreased its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 12.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 239,568 shares of the technology company's stock after selling 33,449 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned 0.16% of Twilio worth $23,457,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several equities research analysts recently commented on TWLO shares. Rosenblatt Securities started coverage on Twilio in a research report on Friday. They set a "buy" rating and a $140.00 target price on the stock. UBS Group dropped 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. KeyCorp started coverage on Twilio in a research note on Friday, June 6th. They set an "overweight" rating and a $146.00 price target on the stock. Jefferies Financial Group set a $132.00 price target on Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Twilio in a research note on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $129.78.

Twilio Stock Performance

Shares of Twilio stock opened at $108.60 on Monday. The company has a market cap of $16.66 billion, a PE ratio of 905.11, a price-to-earnings-growth ratio of 3.40 and a beta of 1.27. Twilio Inc. has a 52 week low of $56.85 and a 52 week high of $151.95. The business has a 50 day moving average price of $115.77 and a 200-day moving average price of $109.29. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12.

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

Insider Activity at Twilio

In other news, CFO Aidan Viggiano sold 1,807 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $105.94, for a total value of $191,433.58. Following the completion of the sale, the chief financial officer directly owned 146,016 shares of the company's stock, valued at $15,468,935.04. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total value of $1,591,430.70. Following the completion of the sale, the chief executive officer directly owned 246,986 shares of the company's stock, valued at approximately $28,912,181.16. This trade represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 51,671 shares of company stock valued at $6,235,788. Company 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.

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