Ascent Group LLC Takes $313,000 Position in Twilio Inc. $TWLO

Key Points

• Ascent Group LLC has invested $313,000 in Twilio Inc., acquiring 3,193 shares in the technology company, according to their recent SEC filing.
• Twilio recently announced earnings of $1.19 EPS, exceeding expectations, with revenue of $1.23 billion for the quarter, reflecting a 13.5% year-over-year increase.
• Various institutional investors have significantly increased their positions in Twilio, with hedge funds collectively owning approximately 84.27% of the company’s stock.

Ascent Group LLC acquired a new position in Twilio Inc. (NYSE:TWLO - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,193 shares of the technology company's stock, valued at approximately $313,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Caxton Associates LLP acquired a new position in shares of Twilio in the first quarter worth approximately $2,875,000. Sciencast Management LP lifted its stake in shares of Twilio by 5.0% in the first quarter. Sciencast Management LP now owns 29,507 shares of the technology company's stock worth $2,889,000 after acquiring an additional 1,415 shares during the period. Kestra Investment Management LLC acquired a new position in shares of Twilio in the first quarter worth approximately $1,281,000. Temasek Holdings Private Ltd acquired a new position in shares of Twilio in the first quarter worth approximately $18,362,000. Finally, UniSuper Management Pty Ltd lifted its stake in shares of Twilio by 1,181.6% in the first quarter. UniSuper Management Pty Ltd now owns 37,167 shares of the technology company's stock worth $3,639,000 after acquiring an additional 34,267 shares during the period. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Price Performance

TWLO traded down $0.25 during trading on Friday, reaching $102.31. 2,935,754 shares of the company were exchanged, compared to its average volume of 3,719,238. The company's 50-day moving average is $114.29 and its two-hundred day moving average is $108.94. The company has a market cap of $15.70 billion, a price-to-earnings ratio of 74.15, a P/E/G ratio of 3.23 and a beta of 1.27. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12-month low of $59.21 and a 12-month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.17. The business had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Piper Sandler lifted their price objective on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Jefferies Financial Group set a $132.00 price objective on Twilio and gave the company a "hold" rating in a research note on Sunday, June 15th. KeyCorp assumed coverage on Twilio in a research note on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective for the company. Wall Street Zen downgraded Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, UBS Group dropped their price target on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $129.78.

Insider Activity

In other Twilio news, CEO Khozema Shipchandler sold 13,595 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total value of $1,591,430.70. Following the sale, the chief executive officer owned 246,986 shares of the company's stock, valued at $28,912,181.16. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Aidan Viggiano sold 1,807 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $105.94, for a total value of $191,433.58. Following the completion of the sale, the chief financial officer directly owned 146,016 shares in the company, valued at approximately $15,468,935.04. The trade was a 1.22% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,671 shares of company stock worth $6,235,788. Insiders own 4.50% of the company's stock.

Twilio 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.