Twilio Inc. $TWLO Holdings Increased by Empowered Funds LLC

Empowered Funds LLC lifted its stake in Twilio Inc. (NYSE:TWLO) by 869.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 115,352 shares of the technology company’s stock after acquiring an additional 103,448 shares during the period. Empowered Funds LLC’s holdings in Twilio were worth $14,514,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Raleigh Capital Management Inc. bought a new stake in Twilio during the fourth quarter worth approximately $26,000. SHP Wealth Management bought a new position in Twilio during the 4th quarter valued at $26,000. Zions Bancorporation National Association UT bought a new position in Twilio during the 4th quarter valued at $29,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Twilio during the 4th quarter valued at $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Twilio during the 4th quarter valued at $30,000. 84.27% of the stock is currently owned by institutional investors.

Twilio Stock Performance

TWLO opened at $188.03 on Thursday. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. The firm has a market cap of $28.54 billion, a PE ratio of 293.81, a P/E/G ratio of 3.87 and a beta of 1.36. The business has a fifty day simple moving average of $201.76 and a 200-day simple moving average of $158.18. Twilio Inc. has a fifty-two week low of $91.84 and a fifty-two week high of $238.48.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The company had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. During the same period in the previous year, the firm earned $1.14 earnings per share. Twilio’s revenue for the quarter was up 20.0% compared to the same quarter last year. As a group, equities analysts predict that Twilio Inc. will post 2.79 EPS for the current fiscal year.

Insider Buying and Selling

In other Twilio news, Director Andrew Stafman sold 1,000,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $184.14, for a total transaction of $184,140,000.00. Following the sale, the director owned 620,000 shares in the company, valued at approximately $114,166,800. The trade was a 61.73% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Erika Rottenberg sold 2,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $199.01, for a total transaction of $398,020.00. Following the completion of the transaction, the director owned 30,995 shares of the company’s stock, valued at approximately $6,168,314.95. The trade was a 6.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,803,980 shares of company stock worth $341,898,467 in the last quarter. 0.21% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TWLO. Mizuho upped their price objective on Twilio from $200.00 to $240.00 and gave the company an “outperform” rating in a report on Friday, July 17th. Weiss Ratings raised Twilio from a “sell (d+)” rating to a “hold (c)” rating in a report on Wednesday, May 6th. Robert W. Baird set a $200.00 price target on shares of Twilio in a research report on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a $195.00 price target on shares of Twilio in a report on Friday, May 1st. Finally, Needham & Company LLC raised their price objective on shares of Twilio from $200.00 to $250.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Four investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $220.59.

Twilio Profile

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.