Twilio Inc. $TWLO Shares Sold by Bank of America Corp DE

Key Points

• Bank of America reduced its Twilio stake by 6.1%, selling 63,911 shares and retaining 975,545 shares worth approximately $122.7 million. Institutional investors collectively own 84.27% of the company.
• Twilio delivered strong quarterly results, with adjusted EPS of $1.47 and revenue of $1.50 billion, beating analyst expectations as revenue rose 22% year over year. Management also issued above-consensus Q3 and full-year guidance, supported by growing traction in voice-based AI tools.
• Analysts remain bullish, but valuation is elevated: Twilio carries a consensus “Buy” rating and an average price target of $220.59, while its price-to-earnings ratio exceeds 300. Insiders have also sold about $341.6 million of stock over the past 90 days.

Bank of America Corp DE lessened its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 6.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 975,545 shares of the technology company's stock after selling 63,911 shares during the period. Bank of America Corp DE owned 0.64% of Twilio worth $122,743,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TWLO. SHP Wealth Management purchased a new stake in shares of Twilio during the 4th quarter valued at approximately $26,000. Zions Bancorporation National Association UT purchased a new position in Twilio in the fourth quarter worth approximately $29,000. Aster Capital Management DIFC Ltd purchased a new position in Twilio in the fourth quarter worth approximately $29,000. Osbon Capital Management LLC acquired a new stake in Twilio during the fourth quarter worth $30,000. Finally, Ascentis Independent Advisors acquired a new stake in Twilio during the first quarter worth $33,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Key Twilio News

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Q2 results exceeded expectations: Twilio reported adjusted earnings of $1.47 per share, above the $1.32 consensus estimate, while revenue increased 22% year over year to $1.50 billion versus expectations of approximately $1.43 billion. Twilio Q2 earnings report
• Positive Sentiment: AI momentum is supporting growth: Reports highlighted increasing traction for Twilio’s voice-based AI tools, reinforcing the company’s positioning as infrastructure for customer engagement in the AI era. Twilio earnings and voice AI article
• Positive Sentiment: Upbeat Q3 guidance: Management forecast adjusted EPS of $1.42-$1.47, well above the $1.25 analyst consensus. Revenue guidance was approximately $1.51 billion at the midpoint, about 3% above expectations. Twilio earnings beat and guidance
• Positive Sentiment: Full-year outlook improved: Twilio projected 2026 revenue of approximately $6.0 billion, ahead of the $5.8 billion consensus estimate, further supporting the bullish reaction. Twilio second-quarter 2026 results
• Negative Sentiment: Valuation remains a risk: Following the rally, Twilio’s elevated valuation—including a price-to-earnings ratio above 300—leaves the stock vulnerable if AI-related growth slows or future results fail to maintain the current pace of beats.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TWLO shares. Citigroup reaffirmed an "outperform" rating on shares of Twilio in a research note on Monday, July 20th. Tigress Financial raised their price objective on Twilio from $170.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, June 11th. BTIG Research boosted their price objective on shares of Twilio from $215.00 to $245.00 and gave the company a "buy" rating in a report on Tuesday, July 28th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $230.00 target price on shares of Twilio in a research report on Thursday, June 18th. Finally, Needham & Company LLC increased their target price on shares of Twilio from $200.00 to $250.00 and gave the stock a "buy" rating in a research note on Monday, May 11th. Four research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $220.59.

Twilio Stock Down 0.0%

NYSE:TWLO opened at $193.20 on Friday. Twilio Inc. has a 52 week low of $91.84 and a 52 week high of $238.48. The stock's fifty day moving average is $202.76 and its two-hundred day moving average is $161.07. The stock has a market capitalization of $29.32 billion, a price-to-earnings ratio of 301.88, a price-to-earnings-growth ratio of 3.84 and a beta of 1.37. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.15. The business had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.43 billion. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The company's revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Research analysts anticipate that Twilio Inc. will post 2.79 EPS for the current year.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 44,158 shares of the business's stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $235.88, for a total transaction of $10,415,989.04. Following the sale, the chief executive officer directly owned 235,542 shares in the company, valued at $55,559,646.96. This represents a 15.79% decrease in their ownership of the stock. The sale was disclosed in a document filed 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 Erika Rottenberg sold 2,000 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $199.01, for a total transaction of $398,020.00. Following the sale, the director directly owned 30,995 shares in the company, valued at $6,168,314.95. This represents a 6.06% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,802,480 shares of company stock valued at $341,620,487. 0.21% of the stock is owned by insiders.

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.

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