Twilio Inc. (NYSE:TWLO) Receives $90.35 Consensus Target Price from Analysts

Twilio Inc. (NYSE:TWLO) has been assigned a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the company, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $91.22.

TWLO has been the topic of a number of research analyst reports. Mizuho upped their target price on Twilio from $70.00 to $85.00 and gave the stock a “neutral” rating in a report on Friday, December 13th. Stifel Nicolaus increased their price target on shares of Twilio from $80.00 to $110.00 and gave the stock a “hold” rating in a research note on Wednesday, December 18th. Barclays raised their price objective on Twilio from $65.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. TD Cowen boosted their target price on Twilio from $70.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Finally, StockNews.com upgraded Twilio from a “hold” rating to a “buy” rating in a report on Friday, September 13th.

Insider Activity at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now owns 125,576 shares in the company, valued at approximately $13,813,360. This represents a 3.56 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 4.50% of the stock is owned by insiders.

Institutional Trading of Twilio

A number of hedge funds and other institutional investors have recently made changes to their positions in TWLO. Tidal Investments LLC boosted its holdings in Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock valued at $1,152,000 after purchasing an additional 112 shares during the last quarter. Covestor Ltd boosted its stake in shares of Twilio by 16.7% in the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock worth $67,000 after buying an additional 148 shares during the last quarter. GAMMA Investing LLC grew its holdings in Twilio by 25.0% during the fourth quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock worth $92,000 after acquiring an additional 170 shares during the period. Metis Global Partners LLC raised its position in Twilio by 2.5% during the third quarter. Metis Global Partners LLC now owns 7,324 shares of the technology company’s stock valued at $478,000 after acquiring an additional 182 shares in the last quarter. Finally, Arizona State Retirement System lifted its holdings in Twilio by 0.4% in the second quarter. Arizona State Retirement System now owns 47,511 shares of the technology company’s stock valued at $2,699,000 after acquiring an additional 205 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Stock Down 2.9 %

NYSE TWLO opened at $109.74 on Wednesday. Twilio has a 1 year low of $52.51 and a 1 year high of $116.43. The stock has a market capitalization of $16.83 billion, a PE ratio of -42.70, a PEG ratio of 3.26 and a beta of 1.38. 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 moving average is $103.17 and its 200 day moving average is $76.36.

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.