Twilio (NYSE:TWLO) Given New $140.00 Price Target at Barclays

Twilio (NYSE:TWLO - Free Report) had its target price hoisted by Barclays from $120.00 to $140.00 in a report issued on Friday morning,Benzinga reports. Barclays currently has an equal weight rating on the technology company's stock.

Other equities analysts have also recently issued reports about the company. The Goldman Sachs Group upgraded Twilio from a "neutral" rating to a "buy" rating and increased their price target for the stock from $77.00 to $185.00 in a report on Monday, January 27th. Tigress Financial upped their price objective on shares of Twilio from $85.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, November 27th. Stifel Nicolaus lifted their target price on shares of Twilio from $110.00 to $130.00 and gave the company a "hold" rating in a report on Friday, January 24th. Royal Bank of Canada restated an "underperform" rating and set a $50.00 price target on shares of Twilio in a research note on Tuesday, January 21st. Finally, Northland Securities boosted their price objective on Twilio from $66.00 to $86.00 and gave the company a "market perform" rating in a report on Thursday, October 31st. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $130.91.

Twilio Trading Up 0.2 %

NYSE:TWLO traded up $0.26 during trading hours on Friday, hitting $125.43. The company had a trading volume of 7,403,315 shares, compared to its average volume of 3,992,440. Twilio has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a market cap of $19.24 billion, a P/E ratio of -48.81, a P/E/G ratio of 3.60 and a beta of 1.43. The company has a 50-day moving average of $121.50 and a 200 day moving average of $91.13. 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 posted 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 firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 10.65% and a positive return on equity of 0.85%. Sell-side analysts expect that Twilio will post 0.88 earnings per share for the current year.

Insider Buying and Selling

In other Twilio news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the transaction, the insider now owns 125,576 shares of the company's stock, valued at $13,813,360. The trade was a 3.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were 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 directly owns 153,910 shares of the company's stock, valued at $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,015 shares of company stock worth $2,483,695 in the last ninety days. 4.50% of the stock is owned by corporate insiders.

Institutional Trading of Twilio

Several institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Twilio by 26.1% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,602,428 shares of the technology company's stock valued at $173,190,000 after purchasing an additional 331,202 shares during the period. Waverly Advisors LLC purchased a new position in shares of Twilio during the fourth quarter worth about $201,000. Worldquant Millennium Advisors LLC raised its stake in Twilio by 1,886.3% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 267,758 shares of the technology company's stock valued at $28,939,000 after acquiring an additional 254,278 shares during the last quarter. Whale Rock Capital Management LLC acquired a new stake in Twilio during the 4th quarter worth approximately $111,312,000. Finally, Woodline Partners LP purchased a new position in shares of Twilio in the 4th quarter valued at approximately $393,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

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.