Twilio Inc. $TWLO Shares Purchased by Raymond James Financial Inc.

Key Points

• Raymond James Financial Inc. increased its stake in Twilio by 3.7%, owning approximately 0.16% of the company worth $24.2 million as of recent filings.
• Several hedge funds have established new positions in Twilio, contributing to institutional investors owning 84.27% of the company's stock.
• Twilio's recent earnings report showed a 13.5% revenue increase year-over-year, surpassing expectations with an EPS of $1.19 against the estimated $1.02.

Raymond James Financial Inc. increased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 3.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 247,323 shares of the technology company's stock after acquiring an additional 8,814 shares during the quarter. Raymond James Financial Inc. owned approximately 0.16% of Twilio worth $24,215,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. LRI Investments LLC acquired a new position in shares of Twilio in the 1st quarter valued at $25,000. Financial Gravity Asset Management Inc. acquired a new position in shares of Twilio in the 1st quarter valued at $28,000. TCTC Holdings LLC boosted its holdings in shares of Twilio by 118.1% in 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 during the last quarter. Cloud Capital Management LLC acquired a new position in shares of Twilio in the 1st quarter valued at $34,000. Finally, UMB Bank n.a. acquired a new position in shares of Twilio in the 1st quarter valued at $37,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Tigress Financial reissued a "buy" rating and issued a $170.00 target price on shares of Twilio in a research note on Thursday, May 8th. Piper Sandler raised their target price on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. The Goldman Sachs Group raised their target price 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 downgraded shares of Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, Robert W. Baird cut their target price on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. One research 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 assigned a Sell rating to the stock. According to MarketBeat.com, Twilio has a consensus rating of "Moderate Buy" and an average price target of $126.74.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 20,008 shares of the company'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 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 Securities & Exchange Commission, which is available through this link. Also, Director Erika Rottenberg sold 4,100 shares of the company's stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total transaction of $492,123.00. Following the transaction, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. The trade was a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 55,771 shares of company stock worth $6,727,911 in the last ninety days. 4.50% of the stock is currently owned by insiders.

Twilio Price Performance

Shares of Twilio stock opened at $104.61 on Tuesday. The stock has a market capitalization of $16.05 billion, a price-to-earnings ratio of 871.82, a PEG ratio of 3.36 and a beta of 1.23. Twilio Inc. has a 1-year low of $56.85 and a 1-year high of $151.95. The firm has a fifty day simple moving average of $118.20 and a 200-day simple moving average of $111.01. 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 (NYSE:TWLO - Get Free Report) last released its earnings results 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 firm had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The business's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, sell-side analysts expect 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.

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