Twilio Inc. $TWLO Stock Sold by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management cut its Twilio stake by 29% in the third quarter, selling 34,981 shares and retaining 85,601 shares worth approximately $25 million. Institutional investors still own 84.27% of Twilio.
• Twilio reported quarterly earnings of $1.47 per share, beating estimates by $0.15, while revenue rose 22% year over year to $1.50 billion. The stock opened at $243.80, below its 50-day moving average but above its 200-day average.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $267.78, although insiders sold approximately $134.8 million of stock over the past three months.

Assenagon Asset Management S.A. decreased its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 29.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 85,601 shares of the technology company's stock after selling 34,981 shares during the period. Assenagon Asset Management S.A. owned approximately 0.06% of Twilio worth $25,035,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Plato Investment Management Ltd acquired a new stake in shares of Twilio in the second quarter valued at $1,637,000. Congress Asset Management Co. grew its holdings in Twilio by 16.2% during the third quarter. Congress Asset Management Co. now owns 160,425 shares of the technology company's stock worth $46,918,000 after acquiring an additional 22,311 shares during the period. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in Twilio in the first quarter worth about $4,288,000. Nykredit A S bought a new stake in Twilio in the second quarter worth about $10,514,000. Finally, Chase Investment Counsel Corp bought a new stake in Twilio in the first quarter worth about $8,451,000. 84.27% of the stock is currently owned by institutional investors.

Twilio Price Performance

TWLO opened at $243.80 on Monday. Twilio Inc. has a 12-month low of $104.50 and a 12-month high of $308.40. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $37.44 billion, a P/E ratio of 33.96, a PEG ratio of 5.01 and a beta of 1.35. The stock has a fifty day moving average of $253.71 and a 200-day moving average of $208.73.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.15. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.43 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. Twilio's quarterly revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Equities analysts forecast that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 9,084 shares of the company's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $294.65, for a total value of $2,676,600.60. Following the transaction, the chief financial officer owned 99,246 shares in the company, valued at approximately $29,242,833.90. This represents a 8.39% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andrew Stafman sold 500,000 shares of Twilio stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the sale, the director directly owned 120,000 shares of the company's stock, valued at $29,649,600. This trade represents a 80.65% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 538,818 shares of company stock valued at $134,833,645. Corporate insiders own 0.21% of the company's stock.

Twilio News Summary

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Stifel raised its price target for Twilio to $325 while maintaining a Buy rating, implying potential upside from recent trading levels. Stifel raises target to USD 325 for Twilio stock
• Positive Sentiment: Bank of America forecast strong appreciation for Twilio and reaffirmed its Buy rating. Stifel also reiterated its Buy recommendation, showing continued support among major brokerages. Bank of America Forecasts Strong Price Appreciation for Twilio Bank of America Reaffirms Buy Rating
• Neutral Sentiment: Analyst consensus remains optimistic, but coverage notes that sell-side recommendations and average brokerage ratings can be overly bullish and should not be used alone as an investment decision. Wall Street Bulls Look Optimistic About Twilio
• Neutral Sentiment: Twilio promoted its Voice AI technology through a lighthearted French culinary campaign. The announcement offers visibility for the platform but is unlikely to materially affect near-term valuation. Twilio Voice AI France Campaign
• Negative Sentiment: Twilio’s break below its 50-day moving average is being characterized as a bearish technical signal, increasing concerns about near-term momentum and likely contributing to the stock’s decreased performance. Twilio Flashes a Bearish Signal as It Slides

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TWLO shares. Mizuho set a $270.00 target price on shares of Twilio in a report on Wednesday, August 12th. KeyCorp upped their price target on Twilio from $200.00 to $250.00 and gave the company an "overweight" rating in a report on Friday, August 7th. KGI Securities assumed coverage on Twilio in a report on Thursday, July 2nd. They issued an "outperform" rating and a $250.00 price target on the stock. Citigroup reiterated a "market outperform" rating on shares of Twilio in a research report on Thursday, August 27th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $330.00 price objective on shares of Twilio in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, Twilio currently has an average rating of "Moderate Buy" and a consensus target price of $267.78.

Twilio Company Profile

Twilio Inc NYSE: TWLO provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company's products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.

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