Twilio Inc. (NYSE:TWLO) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Twilio Inc. (NYSE:TWLO - Get Free Report) have earned a consensus rating of "Moderate Buy" from the twenty-five analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation, sixteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $127.22.

Several equities research analysts have recently issued reports on TWLO shares. Morgan Stanley lowered their price objective on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Needham & Company LLC restated a "buy" rating and issued a $125.00 price objective on shares of Twilio in a research note on Friday, May 16th. KeyCorp started coverage on shares of Twilio in a research note on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective on the stock. Robert W. Baird lowered their price objective on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a research note on Wednesday, April 30th. Finally, Scotiabank raised their price objective on shares of Twilio from $130.00 to $135.00 and gave the stock a "sector outperform" rating in a research note on Friday, May 2nd.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $124.53, for a total value of $2,491,596.24. Following the completion of the transaction, the chief executive officer directly owned 260,581 shares in the company, valued at approximately $32,450,151.93. The trade was a 7.13% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Erika Rottenberg sold 4,100 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total value of $492,123.00. Following the completion of the transaction, the director owned 33,488 shares of the company's stock, valued at $4,019,564.64. This represents a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 55,888 shares of company stock worth $6,753,409. 0.21% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Twilio

Institutional investors have recently bought and sold shares of the company. Concurrent Investment Advisors LLC lifted its stake in Twilio by 211.8% in the 1st quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock valued at $575,000 after acquiring an additional 3,993 shares in the last quarter. Horizon Financial Services LLC lifted its stake in Twilio by 9,692.0% in the 1st quarter. Horizon Financial Services LLC now owns 2,448 shares of the technology company's stock valued at $240,000 after acquiring an additional 2,423 shares in the last quarter. OneDigital Investment Advisors LLC bought a new stake in Twilio in the 1st quarter valued at approximately $294,000. Alpha Cubed Investments LLC lifted its stake in Twilio by 53.7% in the 1st quarter. Alpha Cubed Investments LLC now owns 16,866 shares of the technology company's stock valued at $1,651,000 after acquiring an additional 5,896 shares in the last quarter. Finally, QRG Capital Management Inc. lifted its stake in Twilio by 198.2% in the 1st quarter. QRG Capital Management Inc. now owns 8,077 shares of the technology company's stock valued at $791,000 after acquiring an additional 5,368 shares in the last quarter. Institutional investors own 84.27% of the company's stock.

Twilio Stock Up 3.7%

NYSE:TWLO traded up $4.72 during mid-day trading on Friday, reaching $131.13. The stock had a trading volume of 3,348,985 shares, compared to its average volume of 2,684,084. The business's 50 day moving average is $118.52 and its 200 day moving average is $112.72. Twilio has a fifty-two week low of $56.16 and a fifty-two week high of $151.95. The stock has a market cap of $20.02 billion, a P/E ratio of -624.43, a PEG ratio of 4.07 and a beta of 1.30. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.78 and a quick ratio of 4.78.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. Twilio had a positive return on equity of 2.25% and a negative net margin of 0.74%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the prior year, the company posted $0.80 earnings per share. The firm's revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts predict that Twilio will post 1.44 earnings per share for the current year.

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.