DNB Asset Management AS Sells 25,027 Shares of Twilio Inc. $TWLO

DNB Asset Management AS lessened its holdings in shares of Twilio Inc. (NYSE:TWLO) by 43.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,046 shares of the technology company’s stock after selling 25,027 shares during the quarter. DNB Asset Management AS’s holdings in Twilio were worth $4,700,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Northwestern Mutual Investment Management Company LLC bought a new stake in Twilio during the 3rd quarter valued at $3,423,000. Bank of New York Mellon Corp increased its stake in Twilio by 57.0% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,212,436 shares of the technology company’s stock valued at $121,353,000 after purchasing an additional 440,423 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in Twilio by 54.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 90,517 shares of the technology company’s stock valued at $9,060,000 after purchasing an additional 31,938 shares in the last quarter. Federated Hermes Inc. increased its stake in Twilio by 19.7% during the 3rd quarter. Federated Hermes Inc. now owns 70,294 shares of the technology company’s stock valued at $7,036,000 after purchasing an additional 11,577 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in Twilio by 253.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 40,086 shares of the technology company’s stock valued at $4,028,000 after purchasing an additional 28,748 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on TWLO. Citigroup reiterated an “outperform” rating on shares of Twilio in a research note on Friday, May 1st. Piper Sandler upped their target price on shares of Twilio from $130.00 to $192.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Citizens Jmp upped their target price on shares of Twilio from $185.00 to $210.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. Argus upgraded shares of Twilio to a “strong-buy” rating in a research note on Thursday, February 19th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $200.00 target price on shares of Twilio in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Twilio currently has an average rating of “Moderate Buy” and a consensus price target of $195.40.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 1,376 shares of the company’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $197.44, for a total transaction of $271,677.44. Following the sale, the chief financial officer directly owned 129,173 shares of the company’s stock, valued at $25,503,917.12. This represents a 1.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Khozema Shipchandler sold 15,715 shares of the company’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $133.39, for a total transaction of $2,096,223.85. Following the sale, the chief executive officer directly owned 235,542 shares in the company, valued at approximately $31,418,947.38. This trade represents a 6.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 726,441 shares of company stock valued at $137,412,597 in the last three months. 0.21% of the stock is owned by company insiders.

Twilio Price Performance

Shares of NYSE:TWLO opened at $195.97 on Wednesday. The company’s 50-day moving average is $145.47 and its 200 day moving average is $133.24. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.66 and a current ratio of 4.66. The company has a market capitalization of $29.74 billion, a P/E ratio of 306.20, a price-to-earnings-growth ratio of 4.11 and a beta of 1.32. Twilio Inc. has a fifty-two week low of $91.84 and a fifty-two week high of $203.71.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.34 billion. Twilio had a net margin of 1.96% and a return on equity of 4.64%. The firm’s quarterly revenue was up 20.0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.14 EPS. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. On average, equities research analysts forecast that Twilio Inc. will post 2.77 earnings per share for the current year.

Twilio Company Profile

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real?time video applications, and Twilio Authy for multi?factor authentication.