Twilio (NYSE:TWLO) Upgraded to Buy at StockNews.com

StockNews.com upgraded shares of Twilio (NYSE:TWLO - Free Report) from a hold rating to a buy rating in a research report report published on Friday.

Several other equities research analysts have also recently issued reports on TWLO. Scotiabank lifted their price objective on shares of Twilio from $90.00 to $160.00 and gave the company a "sector outperform" rating in a research report on Friday, January 24th. Wells Fargo & Company raised their target price on shares of Twilio from $140.00 to $155.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Jefferies Financial Group raised their target price on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada reissued an "underperform" rating and issued a $50.00 target price on shares of Twilio in a report on Tuesday, January 21st. Finally, Monness Crespi & Hardt raised their target price on shares of Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a report on Monday, January 27th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $134.26.

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Twilio Stock Performance

NYSE TWLO traded down $1.29 on Friday, reaching $99.12. 1,418,990 shares of the stock were exchanged, compared to its average volume of 2,634,811. Twilio has a one year low of $52.51 and a one year high of $151.95. The firm has a market capitalization of $15.13 billion, a PE ratio of -154.88, a PEG ratio of 4.30 and a beta of 1.47. The company's 50-day simple moving average is $121.97 and its two-hundred day simple moving average is $98.27. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

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

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the company's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the company's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now owns 153,910 shares in the company, valued at approximately $17,476,480.50. This represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock worth $2,441,324 over the last quarter. Insiders own 4.50% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. M&T Bank Corp raised its stake in shares of Twilio by 1.0% during the 4th quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock worth $943,000 after buying an additional 85 shares during the period. Allworth Financial LP raised its stake in shares of Twilio by 6.9% during the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock worth $165,000 after buying an additional 94 shares during the period. GHP Investment Advisors Inc. raised its stake in shares of Twilio by 10.4% during the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after buying an additional 104 shares during the period. Tidal Investments LLC raised its stake in shares of Twilio by 0.6% during the 3rd quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock worth $1,152,000 after buying an additional 112 shares during the period. Finally, Freestone Capital Holdings LLC raised its stake in shares of Twilio by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock worth $423,000 after buying an additional 124 shares during the period. 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.