Carret Asset Management LLC Decreases Position in Twilio Inc. $TWLO

Carret Asset Management LLC trimmed its holdings in Twilio Inc. (NYSE:TWLO) by 3.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,460 shares of the technology company’s stock after selling 225 shares during the quarter. Carret Asset Management LLC’s holdings in Twilio were worth $803,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LRI Investments LLC purchased a new stake in shares of Twilio during the 1st quarter worth approximately $25,000. GFG Capital LLC acquired a new stake in Twilio during the 2nd quarter worth $25,000. Hilltop National Bank acquired a new stake in Twilio during the 2nd quarter worth $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Twilio in the first quarter valued at $28,000. Finally, TCTC Holdings LLC boosted its stake in Twilio by 118.1% in 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 in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 12,922 shares of the firm’s stock in a transaction dated Friday, October 3rd. The stock was sold at an average price of $104.09, for a total value of $1,345,050.98. Following the sale, the chief executive officer directly owned 220,383 shares of the company’s stock, valued at approximately $22,939,666.47. This trade represents a 5.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 8,035 shares of the business’s stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $115.00, for a total value of $924,025.00. Following the sale, the chief financial officer directly owned 129,618 shares of the company’s stock, valued at approximately $14,906,070. This trade represents a 5.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 44,808 shares of company stock worth $4,677,916. 0.21% of the stock is owned by corporate insiders.

Twilio Stock Up 1.5%

Shares of NYSE:TWLO opened at $113.29 on Friday. The stock’s 50-day moving average price is $106.77 and its two-hundred day moving average price is $110.76. 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 Inc. has a 12-month low of $77.51 and a 12-month high of $151.95. The firm has a market cap of $17.38 billion, a price-to-earnings ratio of 944.18, a PEG ratio of 3.46 and a beta of 1.25.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported $1.25 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.07 by $0.18. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.25 billion. During the same period last year, the company earned $1.02 EPS. The firm’s quarterly revenue was up 14.7% on a year-over-year basis. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, research analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a research report on Sunday, October 26th. Wells Fargo & Company initiated coverage on Twilio in a research report on Tuesday, September 30th. They set an “overweight” rating and a $130.00 price target on the stock. UBS Group reduced their price objective on Twilio from $150.00 to $135.00 and set a “buy” rating for the company in a research note on Friday, August 8th. Royal Bank Of Canada reissued an “underperform” rating and issued a $75.00 price objective on shares of Twilio in a report on Wednesday, September 17th. Finally, Piper Sandler lifted their target price on shares of Twilio from $140.00 to $144.00 and gave the company an “overweight” rating in a report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $136.43.

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.