Panoramic Capital LLC Takes Position in Twilio Inc. $TWLO

Key Points

• Panoramic Capital LLC has made a new investment of approximately $979,000 in Twilio Inc., acquiring 10,000 shares, which represents about 1.0% of their portfolio.
• Brokerages have recently adjusted their target prices for Twilio, with UBS Group reducing their target from $150.00 to $135.00 while maintaining a "buy" rating, and other firms providing various ratings and target prices.
• Twilio reported quarterly earnings of $1.19 per share, surpassing estimates and achieving a revenue of $1.23 billion, marking a year-over-year increase of 13.5%.

Panoramic Capital LLC acquired a new stake in Twilio Inc. (NYSE:TWLO - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,000 shares of the technology company's stock, valued at approximately $979,000. Twilio makes up approximately 1.0% of Panoramic Capital LLC's portfolio, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC boosted its stake in shares of Twilio by 211.8% during the first quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock valued at $575,000 after purchasing an additional 3,993 shares in the last quarter. Wellington Management Group LLP boosted its position in 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 acquiring an additional 254,132 shares in the last quarter. Bank of Nova Scotia boosted its position in Twilio by 502.1% during the 1st quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock valued at $3,167,000 after acquiring an additional 26,970 shares in the last quarter. ASR Vermogensbeheer N.V. purchased a new position in shares of Twilio in the 1st quarter valued at $716,000. Finally, Horizon Financial Services LLC raised its position in shares of 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 acquiring an additional 2,423 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Aidan Viggiano sold 1,807 shares of the firm's 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 transaction, the chief financial officer owned 146,016 shares of the company's stock, valued at $15,468,935.04. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the company's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the completion of the sale, the chief executive officer directly owned 246,986 shares in the company, valued at approximately $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. Insiders sold 51,671 shares of company stock worth $6,235,788 in the last quarter. Company insiders own 0.21% of the company's stock.

Wall Street Analysts Forecast Growth

TWLO has been the topic of a number of recent research reports. Piper Sandler raised 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. KeyCorp started coverage on shares of Twilio in a research report on Friday, June 6th. They set an "overweight" rating and a $146.00 price target for the company. Rosenblatt Securities started coverage on shares of Twilio in a research report on Friday, September 5th. They issued a "buy" rating and a $140.00 price objective on the stock. Wall Street Zen lowered shares of Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, UBS Group lowered their target price on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $129.78.

Twilio Stock Performance

Shares of NYSE:TWLO traded down $2.60 on Wednesday, hitting $104.40. 2,418,739 shares of the company were exchanged, compared to its average volume of 4,282,103. The firm has a market capitalization of $16.02 billion, a P/E ratio of 77.54, a price-to-earnings-growth ratio of 3.35 and a beta of 1.27. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 1-year low of $57.16 and a 1-year high of $151.95. The stock's 50 day moving average price is $115.25 and its 200 day moving average price is $109.24.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 2.78% and a net margin of 0.43%.The company's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period last year, the business posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Twilio Profile

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.