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 analysts that are presently covering the company, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, sixteen have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $134.26.

Several research firms recently commented on TWLO. Tigress Financial upped their price target on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday. Stifel Nicolaus upped their price target on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research report on Friday, February 14th. UBS Group upped their price target on shares of Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and upped their price target for the company from $115.00 to $160.00 in a research report on Friday, January 24th. Finally, Needham & Company LLC upped their price target on shares of Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, January 28th.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $117.45, for a total transaction of $293,625.00. Following the sale, the chief financial officer now owns 184,164 shares in the company, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 25,906 shares of company stock valued at $2,950,514 in the last ninety days. 4.50% of the stock is currently owned by company insiders.

Institutional Trading of Twilio

Hedge funds have recently made changes to their positions in the stock. True Wealth Design LLC grew its position in shares of Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after buying an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its position 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 worth $41,000 after buying an additional 266 shares in the last quarter. Parkside Financial Bank & Trust grew its position in shares of 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 buying an additional 166 shares in the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Twilio during the fourth quarter worth approximately $44,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Twilio during the third quarter worth approximately $46,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Trading Up 3.5 %

Shares of Twilio stock opened at $119.35 on Thursday. The company has a fifty day simple moving average of $122.61 and a 200-day simple moving average of $93.78. Twilio has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market cap of $18.31 billion, a price-to-earnings ratio of -186.48, a PEG ratio of 4.30 and a beta of 1.42.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, equities analysts forecast that Twilio will post 1.44 EPS 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.