Twilio Inc. $TWLO Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. reduced its holdings in Twilio Inc. by 31.8% during the first quarter, now owning 14,364 shares valued at approximately $1.39 million.
• Twilio's recent earnings report showed an earnings per share of $1.19, surpassing analyst expectations, and quarterly revenue increased by 13.5% year-over-year.
• Multiple analysts have adjusted their price targets for Twilio, with a consensus rating of "Moderate Buy" and an average target price of $126.74.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 31.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,364 shares of the technology company's stock after selling 6,695 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Twilio were worth $1,390,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in TWLO. LRI Investments LLC purchased a new stake in shares of Twilio during the first quarter worth approximately $25,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of Twilio during the first quarter worth approximately $28,000. TCTC Holdings LLC increased its position in shares of Twilio by 118.1% during the first quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock worth $33,000 after purchasing an additional 183 shares in the last quarter. Cloud Capital Management LLC purchased a new stake in shares of Twilio during the first quarter worth approximately $34,000. Finally, UMB Bank n.a. purchased a new stake in shares of Twilio during the first quarter worth approximately $37,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Twilio Trading Down 1.7%

Twilio stock traded down $1.77 during midday trading on Monday, reaching $104.61. 1,599,353 shares of the stock traded hands, compared to its average volume of 5,850,323. The company has a 50-day simple moving average of $118.20 and a two-hundred day simple moving average of $111.01. Twilio Inc. has a 12-month low of $56.85 and a 12-month high of $151.95. The firm has a market cap of $16.05 billion, a PE ratio of 871.82, a price-to-earnings-growth ratio of 3.36 and a beta of 1.23. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last announced its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. During the same period last year, the business posted $0.87 EPS. Twilio's revenue for the quarter was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. Research analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

TWLO has been the subject of several research reports. JMP Securities reiterated a "market outperform" rating and set a $165.00 price target on shares of Twilio in a research report on Tuesday, April 29th. HSBC raised Twilio from a "reduce" rating to a "hold" rating and raised their target price for the stock from $77.00 to $99.00 in a research note on Monday, May 5th. UBS Group cut their target price on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Piper Sandler raised their target price on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Finally, Robert W. Baird cut their target price on Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Twilio has an average rating of "Moderate Buy" and an average target price of $126.74.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 20,008 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the completion of the transaction, the chief executive officer directly owned 260,581 shares in the company, valued at $32,450,151.93. This trade represents a 7.13% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Erika Rottenberg sold 4,100 shares of the firm's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $120.03, for a total value of $492,123.00. Following the transaction, the director owned 33,488 shares of the company's stock, valued at $4,019,564.64. This trade represents a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 55,771 shares of company stock worth $6,727,911 in the last three months. 4.50% of the stock is owned by company insiders.

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.