Russell Investments Group Ltd. Sells 58,496 Shares of Twilio Inc. $TWLO

Key Points

• Russell Investments Group Ltd. reduced its holdings in Twilio Inc. by 30.4%, owning 134,031 shares worth approximately $13.16 million after selling 58,496 shares in the 1st quarter.
• Analysts have mixed sentiment on Twilio's stock, with target prices ranging from $120 to $170, and an average rating of "Moderate Buy" based on numerous buy and hold ratings.
• Twilio's latest earnings report indicates a year-over-year revenue increase of 13.5% and reported earnings per share of $1.19, exceeding consensus estimates.

Russell Investments Group Ltd. lowered its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 30.4% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 134,031 shares of the technology company's stock after selling 58,496 shares during the period. Russell Investments Group Ltd. owned about 0.09% of Twilio worth $13,162,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Prudential PLC boosted its holdings in Twilio by 30.0% in the first quarter. Prudential PLC now owns 27,558 shares of the technology company's stock worth $2,698,000 after acquiring an additional 6,363 shares in the last quarter. Resona Asset Management Co. Ltd. raised its stake in shares of Twilio by 1.5% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 45,310 shares of the technology company's stock valued at $4,442,000 after purchasing an additional 652 shares during the period. AIA Group Ltd grew its position in Twilio by 4.6% during the first quarter. AIA Group Ltd now owns 4,209 shares of the technology company's stock worth $412,000 after buying an additional 185 shares in the last quarter. Motley Fool Asset Management LLC boosted its holdings in shares of Twilio by 12.4% in the 1st quarter. Motley Fool Asset Management LLC now owns 2,538 shares of the technology company's stock worth $248,000 after purchasing an additional 279 shares in the last quarter. Finally, First American Trust FSB purchased a new stake in Twilio during the 1st quarter valued at about $3,115,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $124.53, for a total value of $2,491,596.24. Following the sale, the chief executive officer directly owned 260,581 shares in the company, valued at $32,450,151.93. The trade was a 7.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Aidan Viggiano sold 8,297 shares of the business's stock in a transaction that occurred on 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 $17,302,682.15. This represents a 5.31% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,771 shares of company stock valued at $6,727,911 in the last ninety days. Corporate insiders own 4.50% of the company's stock.

Twilio Stock Down 1.6%

Shares of NYSE:TWLO traded down $1.6730 during trading on Tuesday, hitting $103.3770. The company's stock had a trading volume of 5,318,437 shares, compared to its average volume of 5,465,317. The business has a 50 day moving average price of $119.21 and a two-hundred day moving average price of $112.45. The company has a market capitalization of $15.86 billion, a PE ratio of 861.55, a P/E/G ratio of 3.35 and a beta of 1.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.90 and a current ratio of 4.90. Twilio Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating 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 business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The business's 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. As a group, research analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on TWLO. Piper Sandler increased their target price on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. UBS Group lowered their target price on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Tigress Financial restated a "buy" rating and issued a $170.00 price objective on shares of Twilio in a research report on Thursday, May 8th. Jefferies Financial Group set a $132.00 price objective on Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. Finally, KeyCorp started coverage on Twilio in a research note on Friday, June 6th. They set an "overweight" rating and a $146.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Twilio currently has a consensus rating of "Moderate Buy" and an average target price of $126.74.

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.