Twilio Inc. $TWLO Holdings Raised by Smith Group Asset Management LLC

Smith Group Asset Management LLC grew its stake in shares of Twilio Inc. (NYSE:TWLO) by 5.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 14,700 shares of the technology company’s stock after purchasing an additional 740 shares during the period. Smith Group Asset Management LLC’s holdings in Twilio were worth $1,828,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Concurrent Investment Advisors LLC lifted its holdings in shares of Twilio by 211.8% during the first quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company’s stock valued at $575,000 after purchasing an additional 3,993 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Twilio by 4,280.5% during the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock valued at $25,463,000 after purchasing an additional 254,132 shares during the last quarter. Bank of Nova Scotia lifted its holdings in shares of Twilio by 502.1% during the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company’s stock valued at $3,167,000 after purchasing an additional 26,970 shares during the last quarter. ASR Vermogensbeheer N.V. purchased a new stake in shares of Twilio during the first quarter valued at $716,000. Finally, Knights of Columbus Asset Advisors LLC purchased a new stake in shares of Twilio during the second quarter valued at $4,809,000. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Up 1.3%

TWLO opened at $110.81 on Friday. Twilio Inc. has a fifty-two week low of $70.03 and a fifty-two week high of $151.95. The business has a 50-day moving average of $105.79 and a 200-day moving average of $109.67. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The company has a market capitalization of $17.00 billion, a PE ratio of 923.49, a price-to-earnings-growth ratio of 3.39 and a beta of 1.25.

Twilio (NYSE:TWLO) last posted its quarterly 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 return on equity of 2.78% and a net margin of 0.43%.The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period last year, the business earned $0.87 EPS. The business’s quarterly revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Equities research analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 8,035 shares of the firm’s stock in a transaction dated Thursday, October 9th. The stock was sold at an average price of $115.00, for a total transaction of $924,025.00. Following the completion of the sale, the chief financial officer directly owned 129,618 shares of the company’s stock, valued at $14,906,070. This trade represents a 5.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 $22,939,666.47. This trade represents a 5.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 44,808 shares of company stock valued at $4,677,916 over the last ninety days. Company insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Morgan Stanley set a $152.00 target price on Twilio in a report on Tuesday. Royal Bank Of Canada reaffirmed an “underperform” rating and set a $75.00 target price on shares of Twilio in a research note on Wednesday, September 17th. Wall Street Zen raised shares of Twilio from a “buy” rating to a “strong-buy” rating in a research report on Saturday, October 18th. Piper Sandler raised their price target on shares of Twilio from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Friday, August 8th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Twilio in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Twilio currently has an average rating of “Moderate Buy” and an average target price of $132.00.

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.