Twilio Inc. $TWLO Stock Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. lessened its stake in shares of Twilio Inc. (NYSE:TWLO) by 23.2% during the 3rd quarter, Holdings Channel reports. The fund owned 22,906 shares of the technology company’s stock after selling 6,924 shares during the period. Crossmark Global Holdings Inc.’s holdings in Twilio were worth $6,699,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SHP Wealth Management bought a new position in shares of Twilio in the 4th quarter worth $26,000. Ascentis Independent Advisors purchased a new stake in shares of Twilio during the 1st quarter worth $33,000. Continuum Advisory LLC purchased a new stake in shares of Twilio during the 2nd quarter worth $33,000. Western Pacific Wealth Management LP purchased a new stake in shares of Twilio during the 3rd quarter worth $39,000. Finally, Hilltop National Bank bought a new stake in Twilio during the second quarter valued at about $50,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Twilio

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Improving earnings outlook: Twilio has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting improving earnings estimates and optimism that the company could outperform expectations. Twilio rating upgrade to Strong Buy
• Positive Sentiment: Potential earnings beat: Zacks said Twilio has two key ingredients supporting a likely earnings beat in its upcoming report, while Oppenheimer expects solid third-quarter results supported by broad-based demand. A favorable report could provide a catalyst, although the articles do not guarantee an outperformance. Twilio earnings expectations
• Positive Sentiment: Investor interest in growth: Brown Advisory highlighted accelerating revenue growth at Twilio in its third-quarter 2026 investor letter, reinforcing the company’s longer-term growth narrative. Brown Advisory notes accelerating revenue growth
• Neutral Sentiment: Earnings event ahead: Twilio is scheduled to release quarterly results, making the report, management’s outlook and any changes to estimates the primary near-term drivers for TWLO. Twilio quarterly earnings release
• Negative Sentiment: Recent underperformance: Twilio declined more than the broader market in the latest session. The move suggests investors may be taking profits or reducing risk ahead of earnings despite the favorable analyst and estimate-revision backdrop. Why Twilio dipped more than the broader market

Wall Street Analyst Weigh In

Several research firms have issued reports on TWLO. BTIG Research lifted their target price on Twilio from $285.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, October 16th. Needham & Company LLC increased their price target on shares of Twilio from $250.00 to $280.00 and gave the company a “buy” rating in a research report on Friday, August 7th. KeyCorp increased their price target on shares of Twilio from $200.00 to $250.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Wolfe Research upgraded shares of Twilio to a “buy” rating in a report on Friday, August 7th. Finally, Monness Crespi & Hardt raised their price target on shares of Twilio from $246.00 to $270.00 and gave the company a “buy” rating in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $269.96.

Twilio Stock Down 5.2%

Twilio stock opened at $252.88 on Friday. 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 $38.83 billion, a price-to-earnings ratio of 103.36, a PEG ratio of 5.47 and a beta of 1.35. Twilio Inc. has a 1-year low of $105.00 and a 1-year high of $308.40. The business has a fifty day moving average price of $254.35 and a 200-day moving average price of $212.38.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share 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 firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the business earned $1.19 EPS. The firm’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. Equities research analysts forecast that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 9,084 shares of the business’s stock in a transaction dated Wednesday, September 30th. The stock was sold at an average price of $294.65, for a total transaction of $2,676,600.60. Following the sale, the chief financial officer owned 99,246 shares in the company, valued at approximately $29,242,833.90. The trade was a 8.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andrew Stafman sold 500,000 shares of the company’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the transaction, the director owned 120,000 shares in the company, valued at approximately $29,649,600. This trade represents a 80.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 538,818 shares of company stock worth $134,833,645. 0.21% of the stock is owned by insiders.

Twilio Profile

Twilio Inc (NYSE:TWLO) provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company’s products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.