Twilio Inc. $TWLO Shares Sold by Canada Pension Plan Investment Board

Key Points

• The Canada Pension Plan Investment Board reduced its holdings in Twilio Inc. by 63.4% in the first quarter, selling 111,200 shares and holding 64,302 shares valued at approximately $6.3 million.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Twilio, with an average price target of $129.32 following mixed ratings and price targets from various firms.
• Insiders, including CEO Khozema Shipchandler, have sold a total of 51,671 shares in recent months, raising concerns about insider sentiment as corporate insiders own 4.50% of the stock.

Canada Pension Plan Investment Board reduced its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 63.4% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 64,302 shares of the technology company's stock after selling 111,200 shares during the quarter. Canada Pension Plan Investment Board's holdings in Twilio were worth $6,296,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. LRI Investments LLC acquired a new stake in shares of Twilio in the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. purchased a new stake in Twilio in the 1st quarter valued at approximately $28,000. TCTC Holdings LLC grew its holdings 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 buying an additional 183 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in Twilio during the 1st quarter valued at $34,000. Finally, UMB Bank n.a. purchased a new position in Twilio during the first quarter worth $37,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Wall Street Zen downgraded Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Jefferies Financial Group set a $132.00 target price on shares of Twilio and gave the company a "hold" rating in a research note on Sunday, June 15th. Tigress Financial reaffirmed a "buy" rating and set a $170.00 price target on shares of Twilio in a research note on Thursday, May 8th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Twilio in a report on Friday, May 16th. Finally, UBS Group reduced their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Twilio currently has an average rating of "Moderate Buy" and a consensus price target of $129.32.

Insider Buying and Selling at Twilio

In related news, CEO Khozema Shipchandler sold 13,595 shares of Twilio stock in a transaction 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 transaction, the chief executive officer owned 246,986 shares in the company, valued at approximately $28,912,181.16. This trade represents a 5.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,807 shares of the business's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $105.94, for a total value of $191,433.58. Following the sale, the chief financial officer directly owned 146,016 shares of the company's stock, valued at approximately $15,468,935.04. This trade represents a 1.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 51,671 shares of company stock valued at $6,235,788 over the last three months. Corporate insiders own 4.50% of the company's stock.

Twilio Trading Down 1.2%

NYSE TWLO opened at $104.31 on Wednesday. The company has a market cap of $16.00 billion, a P/E ratio of 869.32, a P/E/G ratio of 3.31 and a beta of 1.27. Twilio Inc. has a 12 month low of $56.85 and a 12 month high of $151.95. 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 has a 50-day moving average of $116.65 and a 200-day moving average of $109.71.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 net margin of 0.43% and a return on equity of 2.78%. Twilio's revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, equities 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.

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