Twilio (NYSE:TWLO) Stock Rating Lowered by StockNews.com

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

Other equities analysts also recently issued research reports about the company. Oppenheimer upped their price objective on Twilio from $90.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Jefferies Financial Group lifted their price target on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a research note on Friday, February 14th. UBS Group raised their price objective on Twilio from $145.00 to $175.00 and gave the stock a "buy" rating in a report on Friday, February 14th. JPMorgan Chase & Co. upped their target price on Twilio from $83.00 to $130.00 and gave the stock an "overweight" rating in a report on Friday, January 24th. Finally, Tigress Financial raised their price target on Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, Twilio presently has an average rating of "Moderate Buy" and an average target price of $135.35.

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Twilio Stock Performance

NYSE TWLO traded down $3.22 during trading hours on Monday, hitting $98.60. 410,138 shares of the company's stock traded hands, compared to its average volume of 3,337,306. 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 has a 52 week low of $52.51 and a 52 week high of $151.95. The firm has a market capitalization of $15.05 billion, a P/E ratio of -154.13, a P/E/G ratio of 4.30 and a beta of 1.47. The business's fifty day moving average price is $120.82 and its two-hundred day moving average price is $100.09.

Twilio (NYSE:TWLO - Get Free Report) last released its 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 company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Equities research analysts predict that Twilio will post 1.44 EPS for the current year.

Insider Buying and Selling

In other news, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares of the company's stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. FMR LLC boosted its holdings in shares of Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company's stock valued at $600,447,000 after acquiring an additional 77,436 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its holdings 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 worth $352,640,000 after buying an additional 2,864,235 shares during the period. Jericho Capital Asset Management L.P. purchased a new stake in Twilio during the fourth quarter valued at about $301,258,000. Geode Capital Management LLC boosted its holdings in shares of Twilio by 1.3% in the third quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company's stock worth $177,622,000 after buying an additional 33,824 shares during the period. Finally, Norges Bank purchased a new position in shares of Twilio in the fourth quarter worth approximately $222,146,000. 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.