Twilio (NYSE:TWLO) Price Target Lowered to $125.00 at Mizuho

Twilio (NYSE:TWLO - Get Free Report) had its price target lowered by Mizuho from $165.00 to $125.00 in a report released on Tuesday, Marketbeat.com reports. The firm presently has an "outperform" rating on the technology company's stock. Mizuho's price objective would indicate a potential upside of 47.48% from the company's current price.

A number of other brokerages have also commented on TWLO. Tigress Financial increased their price objective on Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Jefferies Financial Group lifted their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a "hold" rating in a report on Friday, February 14th. 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 report on Friday, February 14th. Morgan Stanley upgraded Twilio from an "equal weight" rating to an "overweight" rating and lifted their price objective for the stock from $144.00 to $160.00 in a research note on Monday, February 24th. Finally, Needham & Company LLC increased their price objective on Twilio from $91.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $132.13.

Twilio Stock Down 1.2 %

Shares of TWLO stock traded down $1.01 on Tuesday, reaching $84.76. 1,493,706 shares of the company's stock traded hands, compared to its average volume of 2,640,418. The company has a market capitalization of $12.94 billion, a P/E ratio of -132.43, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The business's 50 day moving average price is $103.89 and its two-hundred day moving average price is $103.47.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, equities analysts forecast that Twilio will post 1.44 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 12,056 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The shares were 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 directly owns 295,134 shares in the company, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the company's 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 owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,471 shares of company stock worth $2,344,149 in the last 90 days. Insiders own 4.50% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. acquired a new stake in Twilio during the 1st quarter worth about $37,000. CX Institutional bought a new stake in Twilio during the 1st quarter worth approximately $39,000. JFS Wealth Advisors LLC lifted its stake in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust lifted 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 valued at $41,000 after purchasing an additional 166 shares in the last quarter. Finally, Centricity Wealth Management LLC purchased a new position in shares of Twilio in the 4th quarter worth approximately $44,000. 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.