Pacific Heights Asset Management LLC Buys Shares of 160,000 Twilio Inc. $TWLO

Key Points

• Pacific Heights Asset Management LLC acquired a new stake in Twilio Inc. by purchasing 160,000 shares valued at approximately $19.9 million, which constitutes about 1.1% of their investment portfolio.
• Various institutional investors have recently changed their positions in Twilio Inc., with 84.27% of the company's stock now owned by these investors, indicating strong institutional support.
• Wall Street analysts have a generally positive outlook on Twilio, with an average price target of $132.00 and multiple "buy" and "strong buy" ratings issued for the stock.

Pacific Heights Asset Management LLC bought a new stake in Twilio Inc. (NYSE:TWLO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 160,000 shares of the technology company's stock, valued at approximately $19,898,000. Twilio makes up approximately 1.1% of Pacific Heights Asset Management LLC's investment portfolio, making the stock its 21st biggest holding. Pacific Heights Asset Management LLC owned approximately 0.10% of Twilio at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in TWLO. LRI Investments LLC acquired a new stake in shares of Twilio in the first quarter worth about $25,000. GFG Capital LLC acquired a new stake in shares of Twilio in the second quarter worth about $25,000. Hilltop National Bank acquired a new position in shares of Twilio during the 2nd quarter worth about $26,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Twilio during the 1st quarter worth about $28,000. Finally, TCTC Holdings LLC raised its holdings in Twilio by 118.1% in the 1st quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock valued at $33,000 after acquiring an additional 183 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TWLO shares. Rosenblatt Securities reiterated a "buy" rating and issued a $140.00 price objective on shares of Twilio in a research note on Friday, September 26th. Royal Bank Of Canada restated an "underperform" rating and set a $75.00 price target on shares of Twilio in a research report on Wednesday, September 17th. Piper Sandler increased their price objective on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. Wall Street Zen raised Twilio from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, UBS Group cut 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. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $132.00.

Twilio Trading Up 2.0%

Shares of TWLO stock opened at $111.16 on Wednesday. The firm has a 50 day moving average price of $105.44 and a two-hundred day moving average price of $109.48. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $17.06 billion, a PE ratio of 926.41, a price-to-earnings-growth ratio of 3.38 and a beta of 1.25. Twilio Inc. has a 12-month low of $69.40 and a 12-month 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 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. During the same period in the previous year, the business earned $0.87 earnings per share. The firm's quarterly revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

Insider Activity

In other Twilio news, CEO Khozema Shipchandler sold 13,681 shares of the company's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the sale, the chief executive officer owned 233,305 shares of the company's stock, valued at approximately $23,468,149.95. This represents a 5.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 8,363 shares of the company's stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total transaction of $841,234.17. Following the sale, the chief financial officer directly owned 137,653 shares in the company, valued at $13,846,515.27. This trade represents a 5.73% decrease in their position. The disclosure for this sale can be found here. Insiders sold 44,808 shares of company stock valued at $4,677,916 over the last quarter. Corporate insiders own 4.50% of the company's stock.

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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