SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 2.7% Passive Stake in Twilio Inc.
Beneficial Ownership Statement
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a 2.7% beneficial ownership stake in Twilio Inc.'s Class A Common Stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 4,121,189.32 shares of Twilio Inc.'s Class A Common Stock.
- This ownership represents 2.7% of the total outstanding Class A Common Stock of Twilio Inc.
- FMR LLC holds sole voting power over 3,814,970.83 shares and sole dispositive power over 4,121,189.32 shares.
- Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, is deemed to have shared dispositive power over 4,121,189.32 shares.
- The filing indicates that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Twilio Inc.
Sentiment
Score: 5
Explanation: This filing is a factual disclosure of beneficial ownership and does not contain performance or forward-looking statements that would indicate a positive or negative sentiment regarding Twilio Inc.'s operations or prospects.
Positives
- The disclosure of a significant institutional holding by FMR LLC (Fidelity) in Twilio Inc. may signal continued institutional confidence in the company, even as a passive investment.
Risks
- The Schedule 13G filing itself does not disclose any specific risks related to Twilio Inc.'s operations, financial health, or future prospects. It is solely a beneficial ownership report.
Future Outlook
NA
Industry Context
This Schedule 13G filing is a routine disclosure of beneficial ownership by a large institutional investor and does not provide specific insights into broader industry trends or competitive dynamics within the cloud communications or software sectors. It merely indicates a passive investment in Twilio Inc.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, confirming FMR LLC's continued investment in Twilio Inc. without intent to influence control.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2024-12-31 | Date of event which requires the filing of this statement (reporting period end date). |
| 2025-02-11 | Date of signing and joint filing agreement for the Schedule 13G. |
Keywords
Twilio Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, Class A Common Stock, institutional investment, passive stake
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