Mirae Asset Global Investments Co. Ltd. Increases Stake in Twilio Inc. $TWLO

Key Points

• Mirae Asset Global Investments Co. Ltd. has significantly increased its stake in Twilio Inc. by 694.7% during the second quarter, holding a total of 58,579 shares valued at approximately $7.3 million.
• Wall Street analysts have set a consensus price target of $130.22 for Twilio, with the stock receiving ratings of "Strong Buy" from one analyst and "Buy" from seventeen analysts.
• The financial performance of Twilio has shown strength, reporting $1.23 billion in revenue last quarter, exceeding estimates and reflecting a 13.5% increase year-over-year.

Mirae Asset Global Investments Co. Ltd. increased its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 694.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 58,579 shares of the technology company's stock after acquiring an additional 51,208 shares during the quarter. Mirae Asset Global Investments Co. Ltd.'s holdings in Twilio were worth $7,285,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. LRI Investments LLC purchased a new stake in shares of Twilio in the 1st quarter worth approximately $25,000. Financial Gravity Asset Management Inc. purchased a new stake in Twilio during the first quarter worth $28,000. TCTC Holdings LLC boosted its position in 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 acquiring an additional 183 shares in the last quarter. Cloud Capital Management LLC purchased a new position in shares of Twilio in the 1st quarter valued at $34,000. Finally, UMB Bank n.a. bought a new position in shares of Twilio in the 1st quarter worth $37,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and set a $140.00 price objective on shares of Twilio in a research report on Friday, September 26th. Wells Fargo & Company started coverage on shares of Twilio in a research report on Tuesday, September 30th. They issued an "overweight" rating and a $130.00 price objective on the stock. Piper Sandler boosted their price objective on shares of Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Twilio in a research note on Saturday, September 27th. Finally, UBS Group cut their price target on shares of Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $130.22.

Twilio Price Performance

Shares of TWLO opened at $102.84 on Monday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The company's fifty day moving average price is $107.84 and its 200-day moving average price is $108.70. Twilio Inc. has a 1-year low of $66.50 and a 1-year high of $151.95. The firm has a market capitalization of $15.78 billion, a PE ratio of 857.09, a price-to-earnings-growth ratio of 3.25 and a beta of 1.25.

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. On average, equities research analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Insider Buying and Selling

In related news, CFO Aidan Viggiano sold 8,363 shares of the stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $841,234.17. Following the transaction, the chief financial officer owned 137,653 shares in the company, valued at approximately $13,846,515.27. This represents a 5.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 13,681 shares of Twilio stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the sale, the chief executive officer owned 233,305 shares of the company's stock, valued at approximately $23,468,149.95. The trade was a 5.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,851 shares of company stock worth $2,408,840. 4.50% of the stock is owned by insiders.

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.

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