Twilio Inc. $TWLO Shares Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lessened its position in shares of Twilio Inc. (NYSE:TWLO) by 13.4% during the first quarter, HoldingsChannel reports. The institutional investor owned 94,745 shares of the technology company’s stock after selling 14,712 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Twilio were worth $11,921,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in the company. Norges Bank purchased a new stake in Twilio in the fourth quarter valued at approximately $273,862,000. State Street Corp grew its position in shares of Twilio by 47.8% during the third quarter. State Street Corp now owns 5,879,395 shares of the technology company’s stock worth $588,469,000 after acquiring an additional 1,900,551 shares during the last quarter. SRS Investment Management LLC purchased a new position in shares of Twilio during the fourth quarter worth approximately $257,494,000. Invesco Ltd. grew its position in shares of Twilio by 225.0% during the third quarter. Invesco Ltd. now owns 2,009,237 shares of the technology company’s stock worth $201,105,000 after acquiring an additional 1,391,013 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in shares of Twilio by 39.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,643,859 shares of the technology company’s stock valued at $264,624,000 after acquiring an additional 750,951 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Trading Down 2.3%

NYSE:TWLO opened at $206.77 on Friday. Twilio Inc. has a 12-month low of $91.84 and a 12-month high of $238.48. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.13. The stock’s 50 day simple moving average is $202.12 and its 200-day simple moving average is $154.79. The firm has a market cap of $31.38 billion, a P/E ratio of 323.09, a PEG ratio of 4.21 and a beta of 1.36.

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TWLO shares. Robert W. Baird set a $200.00 price target on shares of Twilio in a research note on Friday, May 1st. The Goldman Sachs Group started coverage on shares of Twilio in a research report on Wednesday, June 24th. They set a “buy” rating and a $300.00 price objective on the stock. Jefferies Financial Group restated a “buy” rating and issued a $195.00 price objective on shares of Twilio in a research note on Friday, May 1st. Wells Fargo & Company upped their target price on shares of Twilio from $147.00 to $200.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $230.00 target price on shares of Twilio in a research note on Thursday, June 18th. Four equities 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 issued a Sell rating to the stock. According to data from MarketBeat.com, Twilio presently has an average rating of “Buy” and an average target price of $211.27.

Insider Activity

In other news, Director Andrew Stafman sold 1,000,000 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $184.14, for a total transaction of $184,140,000.00. Following the transaction, the director directly owned 620,000 shares in the company, valued at $114,166,800. The trade was a 61.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 44,158 shares of the business’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $235.88, for a total transaction of $10,415,989.04. Following the transaction, the chief executive officer owned 235,542 shares in the company, valued at approximately $55,559,646.96. This trade represents a 15.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 worth $342,166,703 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

About Twilio

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.