Public Employees Retirement System of Ohio Raises Stake in Twilio Inc. $TWLO

Key Points

• The Public Employees Retirement System of Ohio increased its holdings in Twilio Inc. by 77.8% during the second quarter, now owning 91,122 shares valued at approximately $11.3 million.
• Several other institutional investors also raised their stakes, while insiders sold a total of 51,671 shares of Twilio stock worth over $6.2 million in the last three months.
• Analysts have set new price targets for Twilio, with a consensus average target of $129.78, reflecting a generally positive outlook with multiple "buy" ratings.

Public Employees Retirement System of Ohio raised its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 77.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 91,122 shares of the technology company's stock after purchasing an additional 39,870 shares during the period. Public Employees Retirement System of Ohio owned 0.06% of Twilio worth $11,332,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Woodward Diversified Capital LLC grew its stake in shares of Twilio by 1.5% in the 1st quarter. Woodward Diversified Capital LLC now owns 7,163 shares of the technology company's stock worth $701,000 after buying an additional 103 shares during the last quarter. Aaron Wealth Advisors LLC boosted its holdings in Twilio by 2.9% in the second quarter. Aaron Wealth Advisors LLC now owns 3,980 shares of the technology company's stock worth $495,000 after acquiring an additional 113 shares in the last quarter. Nations Financial Group Inc. IA ADV boosted its holdings in Twilio by 1.4% in the first quarter. Nations Financial Group Inc. IA ADV now owns 8,430 shares of the technology company's stock worth $825,000 after acquiring an additional 114 shares in the last quarter. Smartleaf Asset Management LLC raised its position in shares of Twilio by 12.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,104 shares of the technology company's stock worth $109,000 after purchasing an additional 119 shares during the last quarter. Finally, Strengthening Families & Communities LLC raised its position in shares of Twilio by 5.8% in the 1st quarter. Strengthening Families & Communities LLC now owns 2,278 shares of the technology company's stock worth $223,000 after purchasing an additional 125 shares during the last quarter. Institutional investors own 84.27% of the company's stock.

Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 1,807 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $105.94, for a total value of $191,433.58. Following the completion of the transaction, the chief financial officer owned 146,016 shares in the company, valued at $15,468,935.04. This trade represents a 1.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Khozema Shipchandler sold 13,595 shares of the business's stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total value of $1,591,430.70. Following the completion of the transaction, the chief executive officer directly owned 246,986 shares of the company's stock, 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. Insiders sold a total of 51,671 shares of company stock worth $6,235,788 over the last three months. 0.21% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. KeyCorp assumed coverage on shares of Twilio in a research note on Friday, June 6th. They set an "overweight" rating and a $146.00 price objective for the company. Piper Sandler increased their price target on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $140.00 price objective on shares of Twilio in a research report on Friday. UBS Group decreased their price target on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Finally, Jefferies Financial Group set a $132.00 price target on Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Twilio currently has an average rating of "Moderate Buy" and an average target price of $129.78.

Twilio Price Performance

NYSE:TWLO opened at $102.33 on Friday. 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 $63.19 and a 52 week high of $151.95. The business's 50-day simple moving average is $110.69 and its two-hundred day simple moving average is $108.48. The stock has a market cap of $15.70 billion, a PE ratio of 852.82, a P/E/G ratio of 3.20 and a beta of 1.27.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. Twilio's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal 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.

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