Mizuho Lowers Twilio (NYSE:TWLO) Price Target to $125.00

Twilio (NYSE:TWLO - Get Free Report) had its target price reduced by investment analysts at Mizuho from $165.00 to $125.00 in a report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has an "outperform" rating on the technology company's stock. Mizuho's price objective would suggest a potential upside of 47.48% from the company's current price.

Several other equities analysts also recently weighed in on the company. Piper Sandler reiterated an "overweight" rating and set a $142.00 target price (up from $94.00) on shares of Twilio in a research report on Friday, January 24th. Scotiabank boosted their target price on shares of Twilio from $90.00 to $160.00 and gave the company a "sector outperform" rating in a report on Friday, January 24th. StockNews.com cut shares of Twilio from a "buy" rating to a "hold" rating in a research note on Friday, April 11th. UBS Group increased their target price on Twilio from $145.00 to $175.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. Finally, Monness Crespi & Hardt boosted their price target on Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a research report on Monday, January 27th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $132.13.

Twilio Stock Performance

NYSE:TWLO traded down $1.01 during midday trading on Tuesday, reaching $84.76. The stock had a trading volume of 1,493,706 shares, compared to its average volume of 2,638,090. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market cap of $12.94 billion, a P/E ratio of -132.43, a P/E/G ratio of 4.30 and a beta of 1.50. The firm has a fifty day simple moving average of $105.06 and a two-hundred day simple moving average of $103.07. Twilio has a 12-month low of $52.51 and a 12-month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. On average, equities analysts expect that Twilio will post 1.44 EPS for the current year.

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the business's stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the completion of the transaction, the chief executive officer now directly owns 295,134 shares of the company's stock, valued at $28,297,447.92. The trade was a 3.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the sale, the chief financial officer now directly owns 184,164 shares in the company, valued at approximately $21,630,061.80. This trade represents a 1.34 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 23,471 shares of company stock worth $2,344,149 over the last quarter. 4.50% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TWLO. Arrowstreet Capital Limited Partnership increased its stake in Twilio by 718.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company's stock valued at $352,640,000 after buying an additional 2,864,235 shares during the period. Jericho Capital Asset Management L.P. bought a new stake in Twilio during the fourth quarter worth approximately $301,258,000. Norges Bank bought a new position in Twilio during the 4th quarter valued at $222,146,000. Two Sigma Investments LP raised its stake in shares of Twilio by 1,292.9% in the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock worth $122,101,000 after buying an additional 1,048,619 shares in the last quarter. Finally, Whale Rock Capital Management LLC bought a new position in Twilio during the fourth quarter valued at about $111,312,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Company Profile

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.