Twilio (NYSE:TWLO) Stock Rating Lowered by StockNews.com

Twilio (NYSE:TWLO) was downgraded by research analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Friday.

TWLO has been the topic of several other research reports. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Tigress Financial increased their price objective on shares of Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Barclays boosted their target price on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Monness Crespi & Hardt increased their price target on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, JMP Securities restated a “market outperform” rating and set a $165.00 price objective on shares of Twilio in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $135.35.

Twilio Stock Performance

Twilio stock opened at $86.81 on Friday. The company’s 50-day moving average price is $109.84 and its 200-day moving average price is $102.74. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market cap of $13.25 billion, a PE ratio of -135.64, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio has a twelve month low of $52.51 and a twelve month high of $151.95.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The company had revenue of $1.19 billion for 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%. On average, equities research analysts forecast that Twilio will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 12,056 shares of the business’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. The trade was a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 transaction of $173,193.41. Following the completion of the transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 23,471 shares of company stock worth $2,344,149 over the last three months. Corporate insiders own 4.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Arrowstreet Capital Limited Partnership increased its position in shares of Twilio by 718.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock valued at $352,640,000 after acquiring an additional 2,864,235 shares during the period. Jericho Capital Asset Management L.P. acquired a new position in shares of Twilio in the fourth quarter valued at about $301,258,000. Norges Bank purchased a new position in shares of Twilio in the fourth quarter worth about $222,146,000. Two Sigma Investments LP lifted its holdings in shares of Twilio by 1,292.9% during the fourth quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company’s stock worth $122,101,000 after purchasing an additional 1,048,619 shares during the period. Finally, Whale Rock Capital Management LLC purchased a new stake in Twilio in the fourth quarter valued at approximately $111,312,000. Institutional investors and hedge funds 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.