Twilio Inc. (NYSE:TWLO) Receives Consensus Rating of “Hold” from Analysts

Twilio Inc. (NYSE:TWLO) has been given a consensus recommendation of “Hold” by the twenty-three brokerages that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and ten have given a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is $85.87.

A number of equities research analysts have commented on TWLO shares. UBS Group raised their price target on Twilio from $74.00 to $88.00 and gave the company a “buy” rating in a report on Thursday, October 31st. TD Cowen lifted their target price on Twilio from $70.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. Piper Sandler upped their price target on Twilio from $83.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Robert W. Baird lifted their price objective on shares of Twilio from $65.00 to $80.00 and gave the company a “neutral” rating in a research report on Friday, November 1st. Finally, StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research report on Friday, September 13th.

Insider Transactions at Twilio

In other news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction that occurred 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 6,682 shares of the stock in a transaction that occurred on Thursday, October 3rd. The stock was sold at an average price of $65.54, for a total value of $437,938.28. Following the completion of the transaction, the chief financial officer now directly owns 171,187 shares in the company, valued at approximately $11,219,595.98. This trade represents a 3.76 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 54,575 shares of company stock worth $3,863,961. 4.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its holdings in Twilio by 736.9% during the second quarter. AQR Capital Management LLC now owns 1,142,967 shares of the technology company’s stock valued at $63,915,000 after buying an additional 1,006,391 shares during the period. Robeco Institutional Asset Management B.V. lifted its stake in shares of Twilio by 258.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock worth $57,044,000 after purchasing an additional 630,627 shares during the last quarter. Panagora Asset Management Inc. boosted its position in Twilio by 286.3% during the second quarter. Panagora Asset Management Inc. now owns 716,551 shares of the technology company’s stock valued at $40,707,000 after purchasing an additional 531,075 shares in the last quarter. Pacer Advisors Inc. grew its stake in Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after purchasing an additional 444,295 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in Twilio by 50,490.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company’s stock worth $26,066,000 after purchasing an additional 398,872 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

Twilio Stock Up 2.8 %

Shares of TWLO stock opened at $113.39 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio has a one year low of $52.51 and a one year high of $113.57. The company’s fifty day moving average price is $84.19 and its 200-day moving average price is $67.58. The company has a market capitalization of $17.39 billion, a price-to-earnings ratio of -44.12, a PEG ratio of 3.10 and a beta of 1.38.

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.