Twilio Inc. (NYSE:TWLO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Twilio Inc. (NYSE:TWLO) has been given an average rating of “Moderate Buy” by the twenty-five ratings firms that are currently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $132.13.

Several equities analysts recently issued reports on the company. Tigress Financial raised their price objective on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. JMP Securities reaffirmed a “market outperform” rating and issued a $165.00 price target on shares of Twilio in a report on Friday, February 14th. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Piper Sandler restated an “overweight” rating and issued a $142.00 target price (up from $94.00) on shares of Twilio in a research note on Friday, January 24th. Finally, Barclays upped their price objective on Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th.

Insider Buying and Selling

In other news, CFO Aidan Viggiano sold 1,391 shares of the business’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at $18,990,140.69. The trade was a 0.90 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Khozema Shipchandler sold 12,056 shares of Twilio stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. This represents a 3.92 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,471 shares of company stock worth $2,344,149. Corporate insiders own 4.50% of the company’s stock.

Institutional Trading of Twilio

Large investors have recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership raised its position in Twilio by 718.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock valued at $352,640,000 after buying an additional 2,864,235 shares during the period. Jericho Capital Asset Management L.P. acquired a new stake in shares of Twilio during the fourth quarter worth approximately $301,258,000. Geode Capital Management LLC increased its stake in Twilio by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after buying an additional 33,824 shares during the period. Norges Bank acquired a new stake in shares of Twilio during the 4th quarter valued at $222,146,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of 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 worth $173,190,000 after acquiring an additional 331,202 shares during the last quarter. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Trading Down 1.2 %

NYSE TWLO opened at $84.76 on Friday. The company has a market capitalization of $12.94 billion, a price-to-earnings ratio of -132.43, 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. Twilio has a 12 month low of $52.51 and a 12 month high of $151.95. The company’s fifty day moving average price is $105.06 and its two-hundred day moving average price is $103.07.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, research analysts predict that Twilio will post 1.44 earnings per share for the current fiscal year.

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.