Empowered Funds LLC Boosts Holdings in Twilio Inc. $TWLO

Key Points

• Empowered Funds LLC significantly increased its holdings in Twilio Inc. by 2,302.4% in Q1, owning 65,416 shares valued at approximately $6.4 million.
• Several brokerages have issued ratings for Twilio, with a consensus rating of "Moderate Buy" and a target price of $129.78, while the stock's price currently trades around $104.40.
• Insider trading activity includes the CFO and CEO selling a combined total of 15,402 shares, indicating a slight decrease in their respective ownership stakes.

Empowered Funds LLC lifted its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 2,302.4% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 65,416 shares of the technology company's stock after purchasing an additional 62,693 shares during the period. Empowered Funds LLC's holdings in Twilio were worth $6,405,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in TWLO. LRI Investments LLC acquired a new position in shares of Twilio in the first quarter worth $25,000. Financial Gravity Asset Management Inc. purchased a new position in Twilio in the first quarter valued at $28,000. TCTC Holdings LLC grew its stake in Twilio by 118.1% during the 1st quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock worth $33,000 after purchasing an additional 183 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in Twilio during the 1st quarter worth about $34,000. Finally, UMB Bank n.a. purchased a new stake in Twilio during the 1st quarter worth about $37,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on TWLO. KeyCorp initiated 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. Jefferies Financial Group set a $132.00 price target on shares of Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price target on shares of Twilio in a report on Friday, May 16th. UBS Group dropped their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Finally, Rosenblatt Securities began coverage on shares of Twilio in a research report on Friday, September 5th. They set a "buy" rating and a $140.00 price objective for the company. One investment 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 given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.78.

Insider Buying and Selling at Twilio

In related news, CFO Aidan Viggiano sold 1,807 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $105.94, for a total transaction of $191,433.58. Following the completion of the sale, the chief financial officer owned 146,016 shares in the company, valued at $15,468,935.04. This represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 13,595 shares of the firm's stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the transaction, the chief executive officer directly owned 246,986 shares in the company, valued at $28,912,181.16. The trade was a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 51,671 shares of company stock valued at $6,235,788. 0.21% of the stock is owned by insiders.

Twilio Stock Down 2.4%

Shares of NYSE TWLO opened at $104.40 on Thursday. The business has a 50-day moving average price of $115.01 and a 200 day moving average price of $109.21. The stock has a market cap of $16.02 billion, a PE ratio of 870.07, a price-to-earnings-growth ratio of 3.35 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 52-week low of $57.16 and a 52-week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.02 by $0.17. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Equities research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current 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.

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