Twilio’s (TWLO) “Outperform” Rating Reiterated at William Blair

William Blair restated their outperform rating on shares of Twilio (NYSE:TWLO) in a report released on Friday,RTT News reports.

A number of other research analysts have also recently weighed in on the company. Northland Securities raised their price target on Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a research report on Thursday, October 31st. Morgan Stanley raised their price target on Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. Scotiabank increased their price objective on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Oppenheimer increased their price objective on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Finally, Tigress Financial increased their price objective on Twilio from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Twilio has a consensus rating of “Moderate Buy” and a consensus target price of $130.91.

Twilio Trading Down 14.9 %

NYSE:TWLO opened at $125.41 on Friday. Twilio has a 1 year low of $52.51 and a 1 year high of $151.95. The stock has a market capitalization of $19.23 billion, a price-to-earnings ratio of -48.80, a PEG ratio of 3.60 and a beta of 1.43. The stock has a fifty day moving average price of $121.20 and a two-hundred day moving average price of $90.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio (NYSE:TWLO) last announced its quarterly 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 negative net margin of 10.65% and a positive return on equity of 0.85%. The firm had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. As a group, sell-side analysts anticipate that Twilio will post 0.88 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares of the company’s stock, valued at $13,813,360. The trade was a 3.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the transaction, the chief financial officer now directly owns 153,910 shares in the company, valued at $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,015 shares of company stock valued at $2,483,695 in the last three months. Corporate insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On Twilio

Hedge funds have recently modified their holdings of the stock. True Wealth Design LLC raised its holdings in shares of Twilio by 5,200.0% during the 3rd 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. JFS Wealth Advisors LLC raised its holdings in shares of 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 buying an additional 266 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 166 shares during the period. Centricity Wealth Management LLC purchased a new stake in shares of Twilio during the 4th quarter valued at about $44,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Twilio during the 3rd quarter valued at about $46,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

About Twilio

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.