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

by · The Cerbat Gem

Twilio (NYSE:TWLO – Get Free Report) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Tuesday.

Other equities research analysts have also issued research reports about the company. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and lifted their target price for the company from $115.00 to $160.00 in a research report on Friday, January 24th. JMP Securities reiterated a “market outperform” rating and issued a $165.00 price objective on shares of Twilio in a report on Friday, February 14th. UBS Group boosted their price objective on shares of Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, February 14th. Scotiabank raised their target price 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. Finally, Wells Fargo & Company boosted their price target on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. One investment 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 stock. According to data from MarketBeat.com, Twilio currently has a consensus rating of “Moderate Buy” and an average target price of $135.35.

Check Out Our Latest Research Report on Twilio

Twilio Stock Up 2.6 %

Twilio stock opened at $100.71 on Tuesday. The company has a 50 day moving average of $119.72 and a 200-day moving average of $101.51. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio has a twelve month low of $52.51 and a twelve month high of $151.95. The stock has a market capitalization of $15.37 billion, a PE ratio of -157.36, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO – Get Free Report) last announced its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share 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 company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, equities research analysts anticipate that Twilio will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction on 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 owns 153,910 shares in the company, 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 have sold a total of 40,857 shares of company stock worth $4,318,654 over the last ninety days. Insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On Twilio

A number of institutional investors have recently modified their holdings of TWLO. JFS Wealth Advisors LLC raised its stake in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after purchasing an additional 266 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings 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 purchasing an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $44,000. True Wealth Design LLC boosted its stake in shares of Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after buying an additional 416 shares during the period. Finally, Private Trust Co. NA grew its position in Twilio by 395.6% during the fourth quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock worth $49,000 after buying an additional 360 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Twilio Company Profile

(Get Free Report)

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.

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