Panagora Asset Management Inc. Sells 431,981 Shares of Twilio Inc. $TWLO

Panagora Asset Management Inc. reduced its position in shares of Twilio Inc. (NYSE:TWLO) by 84.3% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 80,699 shares of the technology company’s stock after selling 431,981 shares during the quarter. Panagora Asset Management Inc.’s holdings in Twilio were worth $7,901,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TWLO. LRI Investments LLC bought a new stake in Twilio during the 1st quarter valued at $25,000. Financial Gravity Asset Management Inc. bought a new stake in Twilio during the 1st quarter valued at $28,000. TCTC Holdings LLC raised 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 purchased a new position in Twilio during the 1st quarter valued at $34,000. Finally, UMB Bank n.a. purchased a new position in Twilio during the 1st quarter valued at $37,000. 84.27% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Aidan Viggiano sold 1,807 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $105.94, for a total transaction 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 represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the sale, the chief executive officer directly owned 246,986 shares in the company, valued at $28,912,181.16. This trade represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 51,671 shares of company stock worth $6,235,788 over the last three months. 4.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on TWLO shares. 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 report on Friday, August 8th. Needham & Company LLC reissued a “buy” rating and set a $125.00 price objective on shares of Twilio in a research report on Friday, May 16th. Wall Street Zen downgraded shares of Twilio from a “strong-buy” rating to a “buy” rating in a research report on Friday, May 30th. Tigress Financial reissued a “buy” rating and set a $170.00 price objective on shares of Twilio in a research report on Thursday, May 8th. Finally, Piper Sandler boosted their price objective on shares of Twilio from $140.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. One equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Twilio presently has a consensus rating of “Moderate Buy” and a consensus price target of $129.32.

Twilio Stock Down 0.6%

NYSE:TWLO opened at $105.73 on Monday. The firm’s 50-day moving average price is $117.24 and its 200-day moving average price is $109.89. The company has a market capitalization of $16.22 billion, a PE ratio of 881.16, a P/E/G ratio of 3.34 and a beta of 1.27. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. Twilio Inc. has a 1-year low of $56.85 and a 1-year high of $151.95.

Twilio (NYSE:TWLO) last released its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share for the quarter, topping 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 firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the prior year, the firm earned $0.87 EPS. The company’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. On average, equities analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal 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.