Concentric Capital Strategies LP Takes Position in Twilio Inc. $TWLO

Key Points

• Concentric Capital Strategies LP has acquired a new position in Twilio Inc. during the first quarter, purchasing 3,092 shares valued at approximately $303,000.
• Several large investors significantly increased their stakes in Twilio, with Wellington Management growing its stake by 4,280.5%, now owning shares worth $25.46 million.
• Twilio reported earnings of $1.19 per share for the last quarter, surpassing analysts' estimates, and indicated a revenue increase of 13.5% year-over-year.

Concentric Capital Strategies LP acquired a new position in Twilio Inc. (NYSE:TWLO - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,092 shares of the technology company's stock, valued at approximately $303,000.

Other institutional investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its stake in shares of 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 purchasing an additional 3,993 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Twilio by 4,280.5% during the 1st 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 in the last quarter. Bank of Nova Scotia boosted its holdings in Twilio by 502.1% in the 1st quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock worth $3,167,000 after buying an additional 26,970 shares during the period. ASR Vermogensbeheer N.V. bought a new position in Twilio in the 1st quarter worth approximately $716,000. Finally, Horizon Financial Services LLC boosted its holdings in Twilio by 9,692.0% in the 1st quarter. Horizon Financial Services LLC now owns 2,448 shares of the technology company's stock worth $240,000 after buying an additional 2,423 shares during the period. 84.27% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 8,297 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $117.05, for a total transaction of $971,163.85. Following the transaction, the chief financial officer directly owned 147,823 shares of the company's stock, valued at approximately $17,302,682.15. This trade represents a 5.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 20,008 shares of the firm's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $124.53, for a total value of $2,491,596.24. Following the transaction, the chief executive officer directly owned 260,581 shares in the company, valued at $32,450,151.93. This trade represents a 7.13% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 51,671 shares of company stock worth $6,235,788 over the last ninety days. Insiders own 4.50% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TWLO. KeyCorp began coverage on Twilio in a research report on Friday, June 6th. They set an "overweight" rating and a $146.00 target price on the stock. Needham & Company LLC restated a "buy" rating and set a $125.00 target price on shares of Twilio in a research report on Friday, May 16th. Jefferies Financial Group set a $132.00 target price on Twilio and gave the stock a "hold" rating in a research report on Sunday, June 15th. Rosenblatt Securities began coverage on Twilio in a research report on Friday. They set a "buy" rating and a $140.00 target price on the stock. Finally, Piper Sandler increased their target price on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Twilio currently has an average rating of "Moderate Buy" and a consensus price target of $129.78.

Twilio Price Performance

TWLO traded up $0.35 during trading on Monday, reaching $109.02. The stock had a trading volume of 1,938,208 shares, compared to its average volume of 4,781,524. The stock has a market cap of $16.73 billion, a PE ratio of 78.75, a PEG ratio of 3.40 and a beta of 1.27. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.90 and a current ratio of 4.90. Twilio Inc. has a one year low of $56.85 and a one year high of $151.95. The business has a 50-day moving average of $115.77 and a 200-day moving average of $109.29.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating 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 revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, equities research analysts anticipate 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.