Twilio Inc. $TWLO Shares Sold by Credit Agricole S A

Key Points

• Credit Agricole S A significantly reduced its stake in Twilio Inc. by 52.7%, holding 33,647 shares worth $3,294,000 after selling 37,460 shares in the first quarter.
• Multiple institutional investors have shown interest in Twilio, with 84.27% of the stock being owned by institutional investors and hedge funds, indicating a strong institutional presence.
• Analysts have mixed ratings for Twilio, with an average rating of "Moderate Buy" and target prices ranging from $99.00 to $170.00, reflecting optimism about the company's potential.

Credit Agricole S A reduced its position in Twilio Inc. (NYSE:TWLO - Free Report) by 52.7% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 33,647 shares of the technology company's stock after selling 37,460 shares during the quarter. Credit Agricole S A's holdings in Twilio were worth $3,294,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of TWLO. LRI Investments LLC acquired a new position in Twilio in the 1st quarter valued at $25,000. Financial Gravity Asset Management Inc. acquired a new position in Twilio in the 1st quarter valued at $28,000. TCTC Holdings LLC increased its stake in Twilio by 118.1% in 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 period. Cloud Capital Management LLC acquired a new position in Twilio in the 1st quarter valued at $34,000. Finally, UMB Bank n.a. acquired a new position in Twilio in the 1st quarter valued at $37,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TWLO has been the topic of several recent research reports. HSBC raised shares of Twilio from a "reduce" rating to a "hold" rating and boosted their price objective for the company from $77.00 to $99.00 in a research note on Monday, May 5th. KeyCorp initiated coverage on shares of Twilio in a research note on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective for the company. UBS Group reduced their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Tigress Financial reiterated a "buy" rating and issued a $170.00 price objective on shares of Twilio in a research note on Thursday, May 8th. Finally, Jefferies Financial Group set a $132.00 price objective on shares of Twilio and gave the company a "hold" rating in a research note on Sunday, June 15th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $126.74.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 8,297 shares of Twilio stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total transaction of $971,163.85. Following the completion of the transaction, the chief financial officer owned 147,823 shares in the company, valued at approximately $17,302,682.15. The trade was a 5.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Erika Rottenberg sold 4,100 shares of Twilio stock in a transaction dated Monday, June 2nd. The stock was sold at an average price of $120.03, for a total transaction of $492,123.00. Following the transaction, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. The trade was a 10.91% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 55,771 shares of company stock worth $6,727,911. Insiders own 0.21% of the company's stock.

Twilio Stock Performance

Shares of TWLO opened at $106.28 on Friday. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. The stock has a market cap of $16.31 billion, a P/E ratio of 885.74, a PEG ratio of 3.36 and a beta of 1.23. The company has a 50-day moving average of $118.44 and a two-hundred day moving average of $111.55. Twilio Inc. has a 12-month low of $56.85 and a 12-month 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 earnings per share (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 net margin of 0.43% and a return on equity of 2.78%. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, research analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Twilio 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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