Twilio Inc. (NYSE:TWLO) Receives $135.35 Consensus PT from Analysts

Shares of Twilio Inc. (NYSE:TWLO - Get Free Report) have received an average recommendation of "Moderate Buy" from the twenty-five brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, sixteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $134.26.

A number of research firms have recently issued reports on TWLO. JPMorgan Chase & Co. increased their price target on Twilio from $83.00 to $130.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. Mizuho cut their target price on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating on the stock in a research report on Tuesday. StockNews.com cut shares of Twilio from a "buy" rating to a "hold" rating in a research report on Friday. Piper Sandler reissued an "overweight" rating and set a $142.00 price objective (up from $94.00) on shares of Twilio in a report on Friday, January 24th. Finally, Stifel Nicolaus upped their target price on Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a report on Friday, February 14th.

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Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 7,524 shares of the stock in a transaction on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $721,401.12. Following the sale, the chief financial officer now directly owns 176,640 shares of the company's stock, valued at approximately $16,936,243.20. This represents a 4.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. The trade was a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,471 shares of company stock worth $2,344,149 over the last 90 days. 4.50% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Twilio

A number of hedge funds have recently bought and sold shares of TWLO. M&T Bank Corp grew its stake in Twilio by 1.0% in the 4th quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock valued at $943,000 after acquiring an additional 85 shares during the period. Allworth Financial LP lifted its stake in Twilio by 6.9% in the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock valued at $165,000 after buying an additional 94 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in 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 in the last quarter. Tidal Investments LLC raised its holdings in shares of Twilio by 0.6% during the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock valued at $1,152,000 after acquiring an additional 112 shares during the last quarter. Finally, Freestone Capital Holdings LLC boosted its stake in shares of Twilio by 3.3% in the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock worth $423,000 after acquiring an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Twilio Trading Up 1.8 %

Shares of NYSE:TWLO traded up $1.55 during trading on Friday, hitting $87.97. The company had a trading volume of 806,460 shares, compared to its average volume of 3,208,780. The stock has a market cap of $13.43 billion, a price-to-earnings ratio of -137.45, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The company has a fifty day simple moving average of $108.62 and a two-hundred day simple moving average of $103.16. Twilio has a one year low of $52.51 and a one year high of $151.95.

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

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.