Circle Wealth Management LLC Increases Stake in Twilio Inc. $TWLO

Key Points

• Circle Wealth Management LLC has increased its holdings in Twilio Inc. by 127.4% in the first quarter, now owning 12,360 shares worth $1,210,000.
• Twilio's stock opened at $101.04, with a market cap of $15.50 billion, and reported a revenue increase of 13.5% compared to the same quarter last year.
• Several hedge funds showed significant activity, with Two Sigma Investments increasing its position by 1,292.9%, acquiring over 1 million new shares during the fourth quarter.

Circle Wealth Management LLC raised its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 127.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,360 shares of the technology company's stock after purchasing an additional 6,924 shares during the quarter. Circle Wealth Management LLC's holdings in Twilio were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in TWLO. Compound Planning Inc. grew its holdings in Twilio by 10.8% during the 1st quarter. Compound Planning Inc. now owns 6,354 shares of the technology company's stock worth $622,000 after acquiring an additional 621 shares during the last quarter. Estate Counselors LLC bought a new stake in shares of Twilio in the first quarter worth about $3,632,000. Candriam S.C.A. raised its holdings in Twilio by 1.5% during the 1st quarter. Candriam S.C.A. now owns 174,572 shares of the technology company's stock worth $17,092,000 after buying an additional 2,655 shares during the period. Pinnacle Wealth Management LLC acquired a new stake in shares of Twilio during the first quarter worth $586,000. Finally, Quantbot Technologies LP lifted its holdings in shares of Twilio by 102.8% in the first quarter. Quantbot Technologies LP now owns 38,821 shares of the technology company's stock valued at $3,801,000 after purchasing an additional 19,678 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Analyst Ratings Changes

TWLO has been the topic of a number of research reports. UBS Group cut their price objective on shares of Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. The Goldman Sachs Group upped their price target on shares of Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research note on Friday, May 2nd. Wall Street Zen cut Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Jefferies Financial Group set a $132.00 target price on shares of Twilio and gave the stock a "hold" rating in a report on Sunday, June 15th. Finally, Tigress Financial restated a "buy" rating and issued a $170.00 price target on shares of Twilio in a research report on Thursday, May 8th. One analyst has rated the stock with a Strong Buy rating, sixteen 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.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $126.74.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction on Monday, June 30th. The shares were sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the sale, the chief executive officer owned 260,581 shares of the company's stock, valued at $32,450,151.93. The trade was a 7.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Aidan Viggiano sold 8,297 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $117.05, for a total value of $971,163.85. Following the completion of the transaction, the chief financial officer owned 147,823 shares of the company's stock, valued at approximately $17,302,682.15. This represents a 5.31% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 55,771 shares of company stock worth $6,727,911. Corporate insiders own 4.50% of the company's stock.

Twilio Stock Up 5.3%

TWLO stock traded up $5.31 during trading on Friday, reaching $106.28. The stock had a trading volume of 3,682,395 shares, compared to its average volume of 5,850,323. The company's 50 day moving average is $118.44 and its two-hundred day moving average is $111.30. The company has a market capitalization of $16.31 billion, a price-to-earnings ratio of 885.74, a P/E/G ratio of 3.36 and a beta of 1.23. Twilio Inc. has a one year low of $56.85 and a one year high of $151.95. 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 (NYSE:TWLO - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.17. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same period last year, the firm posted $0.87 EPS. The business's revenue was up 13.5% compared to the same quarter last year. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Equities research analysts forecast 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.