SP Asset Management LLC Takes $232,000 Position in Twilio Inc. $TWLO

SP Asset Management LLC purchased a new stake in Twilio Inc. (NYSE:TWLO) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 1,865 shares of the technology company’s stock, valued at approximately $232,000.

Several other hedge funds have also added to or reduced their stakes in TWLO. Concurrent Investment Advisors LLC lifted its stake in Twilio by 211.8% in the first quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company’s stock valued at $575,000 after buying an additional 3,993 shares during the period. Wellington Management Group LLP lifted its stake in Twilio by 4,280.5% in the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock valued at $25,463,000 after buying an additional 254,132 shares during the period. Bank of Nova Scotia lifted its stake in Twilio by 502.1% in the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company’s stock valued at $3,167,000 after buying an additional 26,970 shares during the period. ASR Vermogensbeheer N.V. acquired a new position in Twilio in the first quarter valued at about $716,000. Finally, Knights of Columbus Asset Advisors LLC acquired a new position in Twilio in the second quarter valued at about $4,809,000. Institutional investors own 84.27% of the company’s stock.

Twilio Stock Up 1.1%

NYSE:TWLO opened at $131.38 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.90 and a current ratio of 4.68. The company has a market cap of $20.16 billion, a PE ratio of 320.45, a PEG ratio of 3.48 and a beta of 1.33. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $151.95. The stock has a 50-day simple moving average of $109.08 and a 200 day simple moving average of $112.26.

Twilio (NYSE:TWLO) last posted its quarterly earnings data 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. The business had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.Twilio’s quarterly revenue was up 14.7% on a year-over-year basis. During the same period last year, the company earned $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, sell-side analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have weighed in on TWLO shares. Wells Fargo & Company increased their target price on Twilio from $130.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. KeyCorp raised their price target on Twilio from $146.00 to $156.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Mizuho raised their price target on Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, October 31st. JPMorgan Chase & Co. raised their price target on Twilio from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Finally, Cowen reaffirmed a “hold” rating on shares of Twilio in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $139.26.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 13,681 shares of the stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the completion of the transaction, the chief executive officer directly owned 233,305 shares in the company, valued at approximately $23,468,149.95. This trade represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 8,363 shares of the firm’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 $841,234.17. Following the completion of the transaction, the chief financial officer owned 137,653 shares of the company’s stock, valued at approximately $13,846,515.27. This represents a 5.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 44,808 shares of company stock valued at $4,677,916. 0.21% of the stock is owned by corporate insiders.

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.