Revere Asset Management Inc Purchases Shares of 43,317 Twilio Inc. $TWLO

Revere Asset Management Inc acquired a new stake in Twilio Inc. (NYSE:TWLO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 43,317 shares of the technology company’s stock, valued at approximately $8,938,000. Twilio accounts for approximately 3.4% of Revere Asset Management Inc’s portfolio, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Continuum Advisory LLC purchased a new stake in shares of Twilio during the second quarter valued at approximately $33,000. SHP Wealth Management bought a new position in Twilio in the 4th quarter valued at approximately $26,000. Osbon Capital Management LLC purchased a new stake in Twilio during the 4th quarter valued at $30,000. Hilltop National Bank bought a new stake in shares of Twilio in the 2nd quarter worth $50,000. Finally, Reflection Asset Management purchased a new position in shares of Twilio in the fourth quarter worth $37,000. 84.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. KGI Securities initiated coverage on Twilio in a report on Thursday, July 2nd. They issued an “outperform” rating and a $250.00 price objective for the company. Oppenheimer raised their price target on shares of Twilio from $235.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Piper Sandler lifted their price target on shares of Twilio from $192.00 to $247.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Stifel Nicolaus set a $275.00 price objective on shares of Twilio in a report on Friday, August 7th. Finally, Wolfe Research upgraded shares of Twilio to a “buy” rating in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $249.68.

Twilio Stock Performance

Twilio stock traded up $4.33 during mid-day trading on Monday, reaching $231.68. 1,352,573 shares of the stock traded hands, compared to its average volume of 2,416,021. Twilio Inc. has a 12-month low of $98.44 and a 12-month high of $258.35. The business’s 50-day moving average is $218.13 and its 200-day moving average is $182.28. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.62 and a quick ratio of 4.62. The stock has a market capitalization of $35.58 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 4.72 and a beta of 1.40.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.15. Twilio had a return on equity of 5.09% and a net margin of 20.61%.The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.43 billion. During the same period last year, the firm posted $1.19 earnings per share. The business’s revenue for the quarter was up 22.0% on a year-over-year basis. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. As a group, sell-side analysts predict that Twilio Inc. will post 3.08 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 14,458 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $210.43, for a total transaction of $3,042,396.94. Following the completion of the sale, the chief executive officer directly owned 207,203 shares in the company, valued at approximately $43,601,727.29. The trade was a 6.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aidan Viggiano sold 9,093 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $201.25, for a total transaction of $1,829,966.25. Following the sale, the chief financial officer directly owned 118,252 shares of the company’s stock, valued at approximately $23,798,215. This represents a 7.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 547,354 shares of company stock valued at $133,284,825. 0.21% of the stock is owned by insiders.

Twilio Company Profile

Twilio Inc is a cloud communications and customer engagement technology company that provides application programming interfaces (APIs) and software tools for businesses. Its platform enables organizations to integrate communications capabilities such as voice calls, text messaging, email, video, authentication and customer support into websites, mobile applications and other digital products.

Twilio’s offerings include programmable communications services, customer data and analytics tools through Segment, and contact center software through Twilio Flex.