Ritholtz Wealth Management Boosts Holdings in Twilio Inc. $TWLO

Key Points

• Ritholtz Wealth Management increased its stake in Twilio Inc. by 34.1%, now owning 19,620 shares valued at $2.44 million.
• Other institutional investors have also significantly increased their stakes in Twilio, with Wellington Management Group raising theirs by 4,280.5%, now holding shares valued at $25.46 million.
• Recent analyst ratings for Twilio vary widely, with targets ranging from $75 to $144, and an overall consensus rating of "Moderate Buy" according to MarketBeat.

Ritholtz Wealth Management increased its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 34.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,620 shares of the technology company's stock after purchasing an additional 4,988 shares during the period. Ritholtz Wealth Management's holdings in Twilio were worth $2,440,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Concurrent Investment Advisors LLC increased its stake in Twilio by 211.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock worth $575,000 after acquiring an additional 3,993 shares during the last quarter. Wellington Management Group LLP increased its stake in Twilio by 4,280.5% in the 1st quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company's stock worth $25,463,000 after acquiring an additional 254,132 shares during the last quarter. Bank of Nova Scotia increased its stake in Twilio by 502.1% in the 1st quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock worth $3,167,000 after acquiring an additional 26,970 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new stake in Twilio in the 1st quarter worth approximately $716,000. Finally, Knights of Columbus Asset Advisors LLC bought a new stake in Twilio in the 2nd quarter worth approximately $4,809,000. Institutional investors own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,363 shares of the company's stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total value of $841,234.17. Following the transaction, the chief financial officer owned 137,653 shares of the company's stock, valued at $13,846,515.27. This represents a 5.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 13,681 shares of the company's stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total value of $1,376,171.79. Following the completion of the sale, the chief executive officer owned 233,305 shares of the company's stock, valued at $23,468,149.95. This represents a 5.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,808 shares of company stock worth $4,677,916 in the last ninety days. 0.21% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Royal Bank Of Canada reaffirmed an "underperform" rating and issued a $75.00 price objective on shares of Twilio in a research note on Wednesday, September 17th. Piper Sandler lifted their price objective on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Twilio in a research note on Wednesday, October 8th. Wells Fargo & Company assumed coverage on Twilio in a research report on Tuesday, September 30th. They set an "overweight" rating and a $130.00 target price on the stock. Finally, Rosenblatt Securities reissued a "buy" rating and set a $140.00 target price on shares of Twilio in a research report on Friday, September 26th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, Twilio has an average rating of "Moderate Buy" and a consensus target price of $130.22.

Twilio Stock Performance

NYSE TWLO opened at $106.16 on Friday. The company has a market cap of $16.29 billion, a P/E ratio of 884.74, a P/E/G ratio of 3.34 and a beta of 1.25. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.90 and a current ratio of 4.90. The business's 50 day moving average price is $104.62 and its 200-day moving average price is $109.04. Twilio Inc. has a fifty-two week low of $69.40 and a fifty-two week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating the consensus estimate 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 return on equity of 2.78% and a net margin of 0.43%.Twilio's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Sell-side analysts predict 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.