TD Asset Management Inc Lowers Stock Position in Twilio Inc. $TWLO

Key Points

• TD Asset Management Inc has reduced its stock position in Twilio Inc. by 46.7% during the second quarter, now holding 15,707 shares valued at approximately $1.95 million.
• The company's top executives, including CEO Khozema Shipchandler and CFO Aidan Viggiano, have recently sold shares, indicating a 5.54% and 5.73% decrease in their ownership respectively.
• Analysts have assigned a consensus rating of "Moderate Buy" for Twilio with an average target price of $132.00, although UBS recently lowered its target price from $150 to $135.

TD Asset Management Inc lessened its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 46.7% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 15,707 shares of the technology company's stock after selling 13,780 shares during the period. TD Asset Management Inc's holdings in Twilio were worth $1,953,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. LRI Investments LLC purchased a new stake in shares of Twilio in the 1st quarter worth approximately $25,000. GFG Capital LLC purchased a new stake in shares of Twilio in the 2nd quarter worth approximately $25,000. Hilltop National Bank purchased a new stake in shares of Twilio in the 2nd quarter worth approximately $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Twilio during the first quarter valued at approximately $28,000. Finally, TCTC Holdings LLC lifted its position in Twilio by 118.1% during the first 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. Hedge funds and other institutional investors own 84.27% of the company's stock.

Wall Street Analyst Weigh In

TWLO has been the subject of a number of analyst reports. Weiss Ratings reissued a "hold (c-)" rating on shares of Twilio in a research report on Wednesday, October 8th. UBS Group decreased their target price on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research report on Friday, August 8th. Wall Street Zen raised shares of Twilio from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Royal Bank Of Canada reissued an "underperform" rating and set a $75.00 target price on shares of Twilio in a research report on Wednesday, September 17th. Finally, Morgan Stanley set a $152.00 target price on shares of Twilio in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $132.00.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 13,681 shares of the firm's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $1,376,171.79. Following the completion of the transaction, the chief executive officer owned 233,305 shares of the company's stock, valued at approximately $23,468,149.95. This trade represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 8,363 shares of the stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17. Following the completion of the sale, the chief financial officer owned 137,653 shares in the company, valued at $13,846,515.27. The trade was a 5.73% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 44,808 shares of company stock valued at $4,677,916. Corporate insiders own 4.50% of the company's stock.

Twilio Trading Up 2.0%

NYSE TWLO opened at $111.16 on Wednesday. The company has a fifty day simple moving average of $105.44 and a two-hundred day simple moving average of $109.48. The stock has a market cap of $17.06 billion, a P/E ratio of 926.41, a P/E/G ratio of 3.38 and a beta of 1.25. Twilio Inc. has a 12-month low of $69.40 and a 12-month 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.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.17. The business had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The business's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter last year, the company posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current year.

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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