Fifth Third Bancorp Buys 39,987 Shares of Twilio Inc. $TWLO

Fifth Third Bancorp increased its stake in Twilio Inc. (NYSE:TWLO) by 285.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 54,011 shares of the technology company’s stock after buying an additional 39,987 shares during the quarter. Fifth Third Bancorp’s holdings in Twilio were worth $6,796,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raleigh Capital Management Inc. bought a new stake in Twilio in the fourth quarter worth $26,000. SHP Wealth Management bought a new position in shares of Twilio during the fourth quarter valued at $26,000. Zions Bancorporation National Association UT bought a new position in shares of Twilio during the fourth quarter valued at $29,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Twilio in the 4th quarter worth about $29,000. Finally, Osbon Capital Management LLC purchased a new position in shares of Twilio in the 4th quarter worth about $30,000. Institutional investors own 84.27% of the company’s stock.

Twilio Trading Down 2.3%

Shares of NYSE:TWLO opened at $206.77 on Friday. The stock’s 50-day simple moving average is $202.12 and its two-hundred day simple moving average is $154.79. The stock has a market capitalization of $31.38 billion, a price-to-earnings ratio of 323.09, a PEG ratio of 4.21 and a beta of 1.36. Twilio Inc. has a 52-week low of $91.84 and a 52-week high of $238.48. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.66 and a current ratio of 4.66.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.27 by $0.23. Twilio had a net margin of 1.96% and a return on equity of 4.64%. The firm had revenue of $1.41 billion during the quarter, compared to analyst estimates of $1.34 billion. During the same quarter in the prior year, the firm earned $1.14 EPS. The business’s revenue for the quarter was up 20.0% compared to the same quarter last year. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. Analysts expect that Twilio Inc. will post 2.79 EPS for the current year.

Insider Buying and Selling

In other news, 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 value of $398,020.00. Following the transaction, the director owned 30,995 shares of the company’s stock, valued at $6,168,314.95. This trade represents a 6.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Khozema Shipchandler sold 44,158 shares of Twilio stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $235.88, for a total value of $10,415,989.04. Following the transaction, the chief executive officer directly owned 235,542 shares in the company, valued at approximately $55,559,646.96. The trade was a 15.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,805,780 shares of company stock valued at $342,166,703 over the last three months. 0.21% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Mizuho increased their price objective on shares of Twilio from $150.00 to $165.00 and gave the company an “outperform” rating in a research report on Tuesday, April 21st. Monness Crespi & Hardt upped their target price on shares of Twilio from $200.00 to $246.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. BTIG Research reiterated a “buy” rating and set a $215.00 price target on shares of Twilio in a report on Tuesday, May 12th. Rosenblatt Securities restated a “buy” rating and issued a $230.00 price target on shares of Twilio in a research note on Thursday, June 18th. Finally, Stifel Nicolaus upgraded Twilio from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $175.00 to $260.00 in a report on Thursday, July 9th. Four research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $211.27.

Twilio Company 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.