Twilio (NYSE:TWLO) Stock Price Expected to Rise, UBS Group Analyst Says

Twilio (NYSE:TWLO - Free Report) had its price objective boosted by UBS Group from $145.00 to $175.00 in a research note released on Friday,Benzinga reports. The brokerage currently has a buy rating on the technology company's stock.

A number of other brokerages also recently issued reports on TWLO. Mizuho upped their price objective on Twilio from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Robert W. Baird upgraded shares of Twilio from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $115.00 to $160.00 in a report on Friday, January 24th. Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. Morgan Stanley raised their price target on shares of Twilio from $115.00 to $118.00 and gave the stock an "equal weight" rating in a research note on Friday, January 17th. Finally, Stifel Nicolaus upped their price objective on Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a research note on Friday. One equities research analyst has rated the stock with a sell rating, eight have issued 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 has an average rating of "Moderate Buy" and an average target price of $130.91.

Twilio Stock Down 1.3 %

Shares of NYSE TWLO traded down $1.64 during trading on Friday, hitting $123.54. The stock had a trading volume of 2,023,163 shares, compared to its average volume of 3,810,702. 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 firm has a fifty day moving average of $121.50 and a two-hundred day moving average of $91.13. Twilio has a 12 month low of $52.51 and a 12 month high of $151.95. The company has a market capitalization of $18.95 billion, a PE ratio of -48.09, a PEG ratio of 3.60 and a beta of 1.43.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings data 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 negative net margin of 10.65% and a positive return on equity of 0.85%. The firm had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.19 billion. As a group, equities research analysts forecast that Twilio will post 0.88 EPS for the current fiscal year.

Insider Activity

In other news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction dated 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 in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold 22,015 shares of company stock worth $2,483,695 in the last three months. Corporate insiders own 4.50% of the company's stock.

Hedge Funds Weigh In On Twilio

Hedge funds and other institutional investors have recently bought and sold shares of the stock. M&T Bank Corp lifted its holdings 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 acquiring an additional 85 shares during the last quarter. Allworth Financial LP lifted its stake in Twilio by 6.9% during the fourth quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock worth $165,000 after purchasing an additional 94 shares during the last quarter. GHP Investment Advisors Inc. boosted its holdings in shares of Twilio by 10.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after purchasing an additional 104 shares in the last quarter. Tidal Investments LLC increased its position 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 valued at $1,152,000 after purchasing an additional 112 shares during the last quarter. Finally, Freestone Capital Holdings LLC raised its holdings 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 valued at $423,000 after buying an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

About Twilio

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.