Twilio Inc. $TWLO Shares Acquired by Oak Harvest Investment Services

Oak Harvest Investment Services boosted its position in Twilio Inc. (NYSE:TWLO) by 58.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,074 shares of the technology company’s stock after buying an additional 12,899 shares during the quarter. Oak Harvest Investment Services’ holdings in Twilio were worth $4,362,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TWLO. Wellington Management Group LLP grew its position in shares of Twilio by 4,280.5% during the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock worth $25,463,000 after buying an additional 254,132 shares in the last quarter. Bank of Nova Scotia raised its holdings in Twilio by 502.1% in the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company’s stock valued at $3,167,000 after acquiring an additional 26,970 shares in the last quarter. ASR Vermogensbeheer N.V. bought a new position in Twilio during the 1st quarter valued at $716,000. Knights of Columbus Asset Advisors LLC acquired a new position in Twilio during the 2nd quarter worth $4,809,000. Finally, Mirae Asset Global Investments Co. Ltd. grew its holdings in Twilio by 694.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 58,579 shares of the technology company’s stock worth $7,285,000 after acquiring an additional 51,208 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on TWLO shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $150.00 price target on shares of Twilio in a research note on Friday, October 31st. Wall Street Zen lowered Twilio from a “strong-buy” rating to a “buy” rating in a research report on Tuesday. Oppenheimer set a $145.00 price target on Twilio and gave the company an “outperform” rating in a report on Friday, October 31st. Morgan Stanley restated an “overweight” rating and set a $154.00 price objective on shares of Twilio in a research note on Friday, October 31st. Finally, Cowen reaffirmed a “hold” rating on shares of Twilio in a report on Friday, October 31st. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $139.26.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 8,035 shares of Twilio stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $115.00, for a total transaction of $924,025.00. Following the sale, the chief financial officer owned 129,618 shares of the company’s stock, valued at $14,906,070. The trade was a 5.84% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 12,922 shares of the stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $104.09, for a total value of $1,345,050.98. Following the completion of the transaction, the chief executive officer directly owned 220,383 shares of the company’s stock, valued at approximately $22,939,666.47. The trade was a 5.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 43,001 shares of company stock worth $4,486,482. Corporate insiders own 0.21% of the company’s stock.

Twilio Price Performance

Shares of TWLO opened at $124.12 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.68 and a quick ratio of 4.68. The company has a market cap of $19.04 billion, a P/E ratio of 302.73, a PEG ratio of 3.44 and a beta of 1.33. Twilio Inc. has a 12 month low of $77.51 and a 12 month high of $151.95. The stock has a fifty day moving average price of $111.78 and a 200 day moving average price of $113.75.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, October 30th. The technology company reported $1.25 EPS for the quarter, topping the consensus estimate of $1.07 by $0.18. Twilio had a net margin of 1.37% and a return on equity of 3.36%. The business had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same quarter in the prior year, the firm earned $1.02 earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current year.

Twilio Company 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.