Twilio Inc. (NYSE:TWLO) Receives $110.96 Average PT from Analysts

Twilio Inc. (NYSE:TWLO) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-six research firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation, fifteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $119.25.

TWLO has been the topic of a number of research reports. Monness Crespi & Hardt boosted their price objective on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Northland Securities boosted their price target on shares of Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Needham & Company LLC raised their price objective on shares of Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a report on Tuesday, January 28th. Scotiabank upped their target price on shares of Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Finally, Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $115.00 to $160.00 in a report on Friday, January 24th.

Twilio Price Performance

TWLO stock opened at $146.58 on Friday. Twilio has a twelve month low of $52.51 and a twelve month high of $151.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The business’s 50-day simple moving average is $113.79 and its 200 day simple moving average is $84.29.

Insiders Place Their Bets

In other Twilio news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now directly owns 244,971 shares in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 22,015 shares of company stock valued at $2,483,695. 4.50% of the stock is currently owned by insiders.

Institutional Trading of Twilio

Institutional investors and hedge funds have recently modified their holdings of the stock. True Wealth Design LLC grew its holdings in 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 purchasing an additional 416 shares during the period. JFS Wealth Advisors LLC grew its holdings in shares of Twilio by 244.0% in 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. Brooklyn Investment Group bought a new stake in shares of Twilio in the 3rd quarter valued at $46,000. Venturi Wealth Management LLC raised its stake in Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after buying an additional 493 shares during the period. Finally, Huntington National Bank raised its stake in Twilio by 214.5% during the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company’s stock worth $51,000 after buying an additional 532 shares during the period. 84.27% of the stock is owned by 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.