Capital Advantage Inc. Buys New Holdings in Twilio Inc. $TWLO

Key Points

• Capital Advantage Inc. acquired a new stake in Twilio Inc. during the 2nd quarter, purchasing 46,480 shares valued at approximately $5.78 million, which constitutes 0.9% of its total portfolio.
• Several hedge funds have significantly increased their stakes in Twilio, including Jericho Capital, which boosted its ownership by 17.7%, and Alyeska Investment Group, which raised its stake by 36.4% in the last quarter.
• Twilio's stock recently reported earnings of $1.19 per share, surpassing analyst expectations, with revenue growing 13.5% year-over-year, reflecting strong financial performance.

Capital Advantage Inc. acquired a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 46,480 shares of the technology company's stock, valued at approximately $5,780,000. Twilio makes up 0.9% of Capital Advantage Inc.'s investment portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC raised its position in Twilio by 211.8% in the first quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock worth $575,000 after acquiring an additional 3,993 shares in the last quarter. Wellington Management Group LLP raised its position 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 worth $25,463,000 after acquiring an additional 254,132 shares in the last quarter. Bank of Nova Scotia raised its position in Twilio by 502.1% in the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock worth $3,167,000 after acquiring an additional 26,970 shares in the last quarter. ASR Vermogensbeheer N.V. bought a new stake in Twilio in the first quarter worth about $716,000. Finally, Horizon Financial Services LLC raised its position in Twilio by 9,692.0% in the first quarter. Horizon Financial Services LLC now owns 2,448 shares of the technology company's stock worth $240,000 after acquiring an additional 2,423 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

Insider Activity at Twilio

In other news, CFO Aidan Viggiano sold 1,807 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was 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 of the company's stock, valued at approximately $15,468,935.04. This represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total value of $1,591,430.70. Following the completion of the sale, the chief executive officer directly owned 246,986 shares of the company's stock, valued at $28,912,181.16. This represents a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 51,671 shares of company stock valued at $6,235,788 over the last three months. 0.21% of the stock is owned by company insiders.

Twilio Stock Down 1.3%

NYSE TWLO traded down $1.36 during trading on Monday, reaching $105.14. The company's stock had a trading volume of 2,203,042 shares, compared to its average volume of 3,186,979. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $16.13 billion, a PE ratio of 876.22, a PEG ratio of 3.37 and a beta of 1.27. The business has a 50-day moving average price of $112.87 and a 200-day moving average price of $108.52. Twilio Inc. has a 1-year low of $62.34 and a 1-year high of $151.95.

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

Analyst Upgrades and Downgrades

Several equities research analysts have commented on TWLO shares. Wall Street Zen cut shares of Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Rosenblatt Securities began coverage on shares of Twilio in a research report on Friday, September 5th. They issued a "buy" rating and a $140.00 price target on the stock. 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 note on Friday, August 8th. Jefferies Financial Group set a $132.00 price objective on shares of Twilio and gave the company a "hold" rating in a research note on Sunday, June 15th. Finally, Piper Sandler upped their price objective on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $129.78.

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.