Driehaus Capital Management LLC Increases Stake in Twilio Inc. $TWLO

Key Points

• Driehaus Capital Management LLC significantly increased its stake in Twilio Inc. by 219.5% during the 1st quarter, owning 247,039 shares valued at approximately $24.2 million.
• In its latest earnings report, Twilio exceeded analysts' expectations with $1.19 EPS and $1.23 billion in revenue, showing a 13.5% year-over-year revenue growth.
• Institutional investors and hedge funds own a notable 84.27% of Twilio's stock, highlighting strong interest from financial institutions.

Driehaus Capital Management LLC lifted its position in Twilio Inc. (NYSE:TWLO - Free Report) by 219.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 247,039 shares of the technology company's stock after purchasing an additional 169,710 shares during the period. Driehaus Capital Management LLC owned about 0.16% of Twilio worth $24,188,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LRI Investments LLC bought a new stake in shares of Twilio during the 1st quarter valued at about $25,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Twilio during the 1st quarter valued at about $28,000. TCTC Holdings LLC boosted its stake in shares of Twilio by 118.1% during the 1st quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock valued at $33,000 after purchasing an additional 183 shares in the last quarter. Cloud Capital Management LLC bought a new stake in shares of Twilio during the 1st quarter valued at about $34,000. Finally, UMB Bank n.a. bought a new stake in shares of Twilio during the 1st quarter valued at about $37,000. Institutional investors own 84.27% of the company's stock.

Twilio Stock Performance

Shares of NYSE TWLO traded up $1.13 during midday trading on Wednesday, hitting $105.32. 1,247,679 shares of the company's stock traded hands, compared to its average volume of 3,212,752. Twilio Inc. has a 1 year low of $56.85 and a 1 year high of $151.95. The stock has a market capitalization of $16.16 billion, a price-to-earnings ratio of 877.70, a price-to-earnings-growth ratio of 3.31 and a beta of 1.27. 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 firm has a fifty day moving average of $116.65 and a 200 day moving average of $109.71.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results 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 company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current year.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 20,008 shares of the company's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $124.53, for a total value of $2,491,596.24. Following the completion of the transaction, the chief executive officer directly owned 260,581 shares in the company, valued at $32,450,151.93. This represents a 7.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 8,297 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total value of $971,163.85. Following the transaction, the chief financial officer owned 147,823 shares of the company's stock, valued at $17,302,682.15. This represents a 5.31% 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 valued at $6,235,788 over the last 90 days. 0.21% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TWLO has been the topic of a number of research reports. KeyCorp initiated coverage on shares of Twilio in a research note on Friday, June 6th. They set an "overweight" rating and a $146.00 target price on the stock. Tigress Financial restated a "buy" rating and set a $170.00 target price on shares of Twilio in a report on Thursday, May 8th. Piper Sandler boosted their target price on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Needham & Company LLC restated a "buy" rating and set a $125.00 target price on shares of Twilio in a report on Friday, May 16th. Finally, UBS Group dropped their target price on shares of Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a report on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $129.32.

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.