FirstWave Capital Management LLC Acquires Shares of 6,025 Twilio Inc. $TWLO

Key Points

• FirstWave Capital Management initiated a Twilio position by acquiring 6,025 shares valued at approximately $1.24 million. Institutional investors collectively own 84.27% of Twilio’s stock.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $249.68; several firms recently raised their targets to between $240 and $275.
• Twilio reported quarterly earnings of $1.47 per share and $1.50 billion in revenue, exceeding estimates and representing 22% year-over-year revenue growth. However, insiders sold roughly 547,354 shares worth $133.3 million during the quarter.

FirstWave Capital Management LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,025 shares of the technology company's stock, valued at approximately $1,243,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Principal Financial Group Inc. boosted its stake in shares of Twilio by 19.7% in the 4th quarter. Principal Financial Group Inc. now owns 596,438 shares of the technology company's stock worth $84,837,000 after buying an additional 98,092 shares during the last quarter. Plato Investment Management Ltd purchased a new position in Twilio in the second quarter worth $1,637,000. National Pension Service grew its stake in Twilio by 184.4% in the 4th quarter. National Pension Service now owns 18,545 shares of the technology company's stock valued at $2,638,000 after purchasing an additional 12,025 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Twilio by 67.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company's stock valued at $24,880,000 after purchasing an additional 48,742 shares during the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in shares of Twilio during the 4th quarter worth $895,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on TWLO. TD Cowen increased their price target on shares of Twilio from $245.00 to $260.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Piper Sandler raised their price target on shares of Twilio from $192.00 to $247.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Citizens Jmp reiterated a "market outperform" rating and issued a $275.00 price objective on shares of Twilio in a research note on Thursday, August 27th. Jefferies Financial Group reissued a "buy" rating and issued a $240.00 target price on shares of Twilio in a research report on Friday, August 7th. Finally, Oppenheimer increased their price target on Twilio from $235.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $249.68.

Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 9,093 shares of the business's stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $201.25, for a total transaction of $1,829,966.25. Following the completion of the transaction, the chief financial officer directly owned 118,252 shares in the company, valued at $23,798,215. The trade was a 7.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andrew Stafman sold 500,000 shares of the firm's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total value of $123,540,000.00. Following the completion of the sale, the director directly owned 120,000 shares in the company, valued at approximately $29,649,600. The trade was a 80.65% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 547,354 shares of company stock valued at $133,284,825. 0.21% of the stock is currently owned by company insiders.

Twilio Trading Down 3.4%

Shares of TWLO opened at $232.27 on Friday. Twilio Inc. has a twelve month low of $98.44 and a twelve month high of $258.35. The stock has a market cap of $35.67 billion, a PE ratio of 32.35, a P/E/G ratio of 4.99 and a beta of 1.40. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. The business's 50-day moving average price is $215.92 and its 200-day moving average price is $177.65.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 EPS for the quarter, beating the consensus estimate of $1.32 by $0.15. The company had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.43 billion. Twilio had a net margin of 20.61% and a return on equity of 5.09%. Twilio's revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, equities analysts forecast that Twilio Inc. will post 3.08 EPS for the current fiscal year.

About Twilio

Twilio Inc NYSE: TWLO is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio's platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company's product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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