Pinnacle Wealth Management LLC Has $2.03 Million Stock Holdings in Twilio Inc. $TWLO

Pinnacle Wealth Management LLC raised its stake in shares of Twilio Inc. (NYSE:TWLO) by 172.5% during the 2nd quarter, HoldingsChannel reports. The firm owned 16,303 shares of the technology company’s stock after purchasing an additional 10,320 shares during the quarter. Twilio comprises 1.7% of Pinnacle Wealth Management LLC’s holdings, making the stock its 27th biggest position. Pinnacle Wealth Management LLC’s holdings in Twilio were worth $2,027,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TWLO. LRI Investments LLC acquired a new position in Twilio during the first quarter valued at approximately $25,000. GFG Capital LLC acquired a new position in Twilio during the second quarter valued at approximately $25,000. Hilltop National Bank acquired a new position in Twilio during the second quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new position in Twilio during the first quarter valued at approximately $28,000. Finally, TCTC Holdings LLC grew its holdings in Twilio by 118.1% during the first 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. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Rosenblatt Securities reissued a “buy” rating and issued a $140.00 price objective on shares of Twilio in a research report on Friday, September 26th. Wells Fargo & Company assumed coverage on Twilio in a research report on Tuesday, September 30th. They issued an “overweight” rating and a $130.00 price objective for the company. Piper Sandler increased their price objective on Twilio from $140.00 to $144.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. Weiss Ratings reissued a “hold (c-)” rating on shares of Twilio in a research report on Wednesday, October 8th. Finally, Wall Street Zen raised Twilio from a “buy” rating to a “strong-buy” rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Twilio presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.22.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 8,363 shares of Twilio stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17. Following the completion of the transaction, the chief financial officer directly owned 137,653 shares of the company’s stock, valued at approximately $13,846,515.27. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 13,681 shares of Twilio stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $1,376,171.79. Following the transaction, the chief executive officer directly owned 233,305 shares of the company’s stock, valued at approximately $23,468,149.95. The trade was a 5.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 44,808 shares of company stock valued at $4,677,916. Company insiders own 0.21% of the company’s stock.

Twilio Stock Up 0.4%

Shares of TWLO stock opened at $106.67 on Friday. The stock has a market cap of $16.37 billion, a P/E ratio of 888.98, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25. Twilio Inc. has a one year low of $69.40 and a one year high of $151.95. The stock has a fifty day moving average price of $104.78 and a 200 day moving average price of $109.15. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, topping 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 return on equity of 2.78% and a net margin of 0.43%.Twilio’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same period last year, the business earned $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Analysts predict 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.