Probity Advisors Inc. Purchases 848 Shares of Twilio Inc. $TWLO

Probity Advisors Inc. increased its holdings in shares of Twilio Inc. (NYSE:TWLO) by 25.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,228 shares of the technology company’s stock after acquiring an additional 848 shares during the quarter. Probity Advisors Inc.’s holdings in Twilio were worth $526,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the company. LRI Investments LLC bought a new stake in shares of Twilio in the first quarter valued at approximately $25,000. GFG Capital LLC bought a new stake in shares of Twilio in the 2nd quarter worth approximately $25,000. Hilltop National Bank purchased a new stake in Twilio during the 2nd quarter valued at about $26,000. Financial Gravity Asset Management Inc. purchased a new stake in Twilio during the 1st quarter valued at $28,000. Finally, TCTC Holdings LLC boosted its holdings 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. 84.27% of the stock is currently owned by institutional investors.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,363 shares of Twilio stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $841,234.17. Following the transaction, the chief financial officer directly owned 137,653 shares of the company’s stock, valued at $13,846,515.27. The trade was a 5.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Khozema Shipchandler sold 13,681 shares of the company’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $1,376,171.79. Following the completion of the transaction, the chief executive officer owned 233,305 shares in the company, valued at $23,468,149.95. This represents a 5.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 44,808 shares of company stock worth $4,677,916. Company insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on TWLO. Rosenblatt Securities reiterated a “buy” rating and issued a $140.00 price target on shares of Twilio in a research note on Friday, September 26th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Twilio in a research note on Wednesday, October 8th. Piper Sandler upped their target price on shares of Twilio from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Wall Street Zen upgraded Twilio from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Wells Fargo & Company started coverage on Twilio in a research report on Tuesday, September 30th. They set an “overweight” rating and a $130.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $130.22.

Twilio Price Performance

NYSE TWLO opened at $108.96 on Tuesday. The firm’s fifty day simple moving average is $105.12 and its two-hundred day simple moving average is $109.47. 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 $69.40 and a 12-month high of $151.95. The firm has a market capitalization of $16.72 billion, a P/E ratio of 908.06, a P/E/G ratio of 3.30 and a beta of 1.25.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.17. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. Twilio’s quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Analysts forecast 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.