Mn Services Vermogensbeheer B.V. Trims Stock Position in Twilio Inc. $TWLO

Key Points

• Mn Services Vermogensbeheer B.V. reduced its stake in Twilio by 13.1%, now holding 54,400 shares valued at $6,765,000 after selling 8,200 shares.
• Several institutional investors, such as KBC Group NV and Alyeska Investment Group L.P., significantly increased their holdings in Twilio, with KBC increasing by 236.3% and Alyeska by 36.4%.
• Twilio's recent earnings report revealed a profit of $1.19 EPS, surpassing estimates, with a 13.5% year-over-year revenue increase to $1.23 billion.

Mn Services Vermogensbeheer B.V. decreased its position in Twilio Inc. (NYSE:TWLO - Free Report) by 13.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 54,400 shares of the technology company's stock after selling 8,200 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Twilio were worth $6,765,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TWLO. KBC Group NV increased its holdings in Twilio by 236.3% in the first quarter. KBC Group NV now owns 945,594 shares of the technology company's stock valued at $92,583,000 after buying an additional 664,420 shares in the last quarter. Alyeska Investment Group L.P. increased its holdings in Twilio by 36.4% in the first quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company's stock valued at $202,852,000 after buying an additional 553,043 shares in the last quarter. Jericho Capital Asset Management L.P. increased its holdings in Twilio by 17.7% in the first quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company's stock valued at $321,180,000 after buying an additional 493,000 shares in the last quarter. Nuveen LLC purchased a new position in Twilio in the first quarter valued at $40,219,000. Finally, Amundi increased its holdings in Twilio by 72.0% in the first quarter. Amundi now owns 889,520 shares of the technology company's stock valued at $79,639,000 after buying an additional 372,468 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analyst Upgrades and Downgrades

TWLO has been the subject of a number of recent analyst reports. UBS Group cut their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a report on Friday, August 8th. Piper Sandler lifted their target price on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. KeyCorp started coverage on shares of Twilio in a research report on Friday, June 6th. They issued an "overweight" rating and a $146.00 target price on the stock. Wall Street Zen lowered shares of Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Finally, Rosenblatt Securities started coverage on shares of Twilio in a research report on Friday, September 5th. They issued a "buy" rating and a $140.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Twilio currently has a consensus rating of "Moderate Buy" and a consensus price target of $129.78.

Insider Buying and Selling

In other news, CEO Khozema Shipchandler sold 13,595 shares of the business's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total value of $1,591,430.70. Following the sale, the chief executive officer directly owned 246,986 shares of the company's stock, valued at approximately $28,912,181.16. The trade was a 5.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 1,807 shares of the business's stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $105.94, for a total transaction of $191,433.58. Following the completion of the sale, the chief financial officer directly owned 146,016 shares in the company, valued at $15,468,935.04. This trade represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 51,671 shares of company stock worth $6,235,788 over the last three months. Insiders own 0.21% of the company's stock.

Twilio Price Performance

Shares of TWLO stock opened at $106.47 on Friday. 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 firm's 50-day moving average is $112.87 and its two-hundred day moving average is $108.58. Twilio Inc. has a 12 month low of $61.91 and a 12 month high of $151.95. The company has a market capitalization of $16.34 billion, a PE ratio of 887.32, a price-to-earnings-growth ratio of 3.42 and a beta of 1.27.

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

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.