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

Twilio (NYSE:TWLO - Get Free Report) was upgraded by stock analysts at StockNews.com from a "hold" rating to a "buy" rating in a note issued to investors on Tuesday.

Other research analysts also recently issued research reports about the company. Barclays increased their price objective on Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a report on Friday, February 14th. Wells Fargo & Company increased their price target on shares of Twilio from $140.00 to $155.00 and gave the company an "overweight" rating in a research note on Friday, January 24th. Stifel Nicolaus upped their target price on shares of Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a report on Friday, February 14th. Tigress Financial increased their target price on shares of Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Finally, Scotiabank boosted their price target 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. 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. According to MarketBeat, Twilio currently has a consensus rating of "Moderate Buy" and an average price target of $135.35.

Twilio Trading Down 6.8 %

Shares of TWLO stock traded down $6.13 on Tuesday, hitting $83.40. The stock had a trading volume of 3,441,003 shares, compared to its average volume of 2,636,541. The company's 50 day moving average price is $118.19 and its 200-day moving average price is $101.87. Twilio has a 1 year low of $52.51 and a 1 year high of $151.95. The firm has a market capitalization of $12.73 billion, a P/E ratio of -130.32, a P/E/G 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.

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). The business had revenue of $1.19 billion during 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%. Analysts anticipate that Twilio will post 1.44 earnings per share for the current year.

Insider Buying and Selling

In other news, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. This represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares of the company's stock, valued at $28,297,447.92. This represents a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,857 shares of company stock valued at $4,318,654. Corporate insiders own 4.50% of the company's stock.

Hedge Funds Weigh In On Twilio

Institutional investors have recently made changes to their positions in the stock. True Wealth Design LLC lifted its holdings in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company's stock valued at $28,000 after purchasing an additional 416 shares in the last quarter. JFS Wealth Advisors LLC lifted its stake in shares of Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after buying an additional 266 shares during the period. Parkside Financial Bank & Trust boosted its position in Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in Twilio in the 4th quarter worth approximately $44,000. Finally, Private Trust Co. NA raised its holdings in Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock valued at $49,000 after acquiring an additional 360 shares during the last quarter. 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.