Twilio’s (TWLO) Market Outperform Rating Reiterated at JMP Securities

JMP Securities restated their market outperform rating on shares of Twilio (NYSE:TWLO) in a research report report published on Friday morning,Benzinga reports. JMP Securities currently has a $165.00 target price on the technology company’s stock.

Other equities research analysts have also issued research reports about the stock. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday. The Goldman Sachs Group upgraded shares of Twilio from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $77.00 to $185.00 in a research note on Monday, January 27th. Tigress Financial lifted their price objective on shares of Twilio from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Finally, UBS Group lifted their price objective on shares of Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $130.91.

Twilio Price Performance

Twilio stock opened at $125.41 on Friday. Twilio has a 52 week low of $52.51 and a 52 week high of $151.95. The company’s 50 day moving average price is $121.20 and its two-hundred day moving average price is $90.42. 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 stock has a market cap of $19.23 billion, a P/E ratio of -48.80, a P/E/G ratio of 3.60 and a beta of 1.43.

Twilio (NYSE:TWLO) last posted its 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). Twilio had a positive return on equity of 0.85% and a negative net margin of 10.65%. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. On average, equities analysts predict that Twilio will post 0.88 earnings per share for the current year.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the sale, the insider now directly owns 125,576 shares of the company’s stock, valued at $13,813,360. This represents a 3.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,015 shares of company stock valued at $2,483,695. Insiders own 4.50% of the company’s stock.

Institutional Trading of Twilio

Several hedge funds have recently added to or reduced their stakes in TWLO. True Wealth Design LLC raised its stake 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 valued at $28,000 after acquiring an additional 416 shares during the last quarter. JFS Wealth Advisors LLC raised its stake 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 valued at $41,000 after acquiring an additional 266 shares during the last quarter. Parkside Financial Bank & Trust raised its stake 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 acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC bought a new position in shares of Twilio during the fourth quarter valued at about $44,000. Finally, Brooklyn Investment Group bought a new position in shares of Twilio during the third quarter valued at about $46,000. 84.27% of the stock is owned by institutional investors.

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.