Crossmark Global Holdings Inc. Sells 6,924 Shares of Twilio Inc. $TWLO

Key Points

• Crossmark Global Holdings reduced its Twilio stake by 23.2% in the third quarter, selling 6,924 shares and retaining 22,906 shares valued at approximately $6.7 million. Institutional investors collectively own 84.27% of Twilio.
• Twilio reported quarterly EPS of $1.47 versus the $1.32 consensus estimate, while revenue reached $1.50 billion, up 22% year over year and above expectations.
• Twilio has a consensus “Moderate Buy” rating with an average analyst price target of $269.96, though insiders sold roughly $134.8 million of stock over the past three months and HSBC downgraded the shares to “reduce.”

Crossmark Global Holdings Inc. cut its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 23.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm 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 at the end of the most recent quarter.

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

Twilio Price Performance

Shares of TWLO stock opened at $252.88 on Friday. Twilio Inc. has a twelve month low of $105.00 and a twelve month high of $308.40. The stock has a market capitalization of $38.83 billion, a price-to-earnings ratio of 103.36, a P/E/G ratio of 5.47 and a beta of 1.35. The stock has a fifty day simple moving average of $254.35 and a two-hundred day simple moving average of $212.38. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.11.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.15. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.43 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. The business's revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.19 EPS. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, analysts predict that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Twilio News Summary

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

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 14,442 shares of the stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $291.03, for a total transaction of $4,203,055.26. Following the transaction, the chief executive officer directly owned 178,863 shares in the company, valued at $52,054,498.89. This represents a 7.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew Stafman sold 500,000 shares of the stock in a transaction dated Wednesday, August 12th. The stock was 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. The trade was a 80.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 538,818 shares of company stock valued at $134,833,645 over the last three months. 0.21% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TWLO shares. HSBC cut Twilio from a "hold" rating to a "reduce" rating and set a $211.00 target price on the stock. in a research note on Thursday, September 24th. Piper Sandler raised their price target on Twilio from $192.00 to $247.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Citigroup restated a "market outperform" rating on shares of Twilio in a report on Thursday, August 27th. KGI Securities initiated coverage on Twilio in a report on Thursday, July 2nd. They set an "outperform" rating and a $250.00 price objective for the company. Finally, Morgan Stanley reaffirmed an "overweight" rating and issued a $261.00 price objective on shares of Twilio in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $269.96.

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.

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