Analysts Set Twilio Inc. (NYSE:TWLO) Target Price at $134.26

Shares of Twilio Inc. (NYSE:TWLO) have earned an average rating of “Moderate Buy” from the twenty-five brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $135.35.

Several equities research analysts have recently issued reports on TWLO shares. Monness Crespi & Hardt increased their target price on shares of Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. JPMorgan Chase & Co. increased their target price on shares of Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. StockNews.com raised shares of Twilio from a “hold” rating to a “buy” rating in a research note on Friday, March 14th. Finally, Mizuho increased their price objective on shares of Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now owns 184,164 shares of the company’s stock, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,277 shares of company stock worth $2,441,324 over the last ninety days. Company insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On Twilio

Institutional investors have recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its position 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 acquiring an additional 416 shares during the last quarter. JFS Wealth Advisors LLC lifted its position 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 acquiring an additional 266 shares during the last quarter. Parkside Financial Bank & Trust lifted its position 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 acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Twilio during the 4th quarter valued at $44,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Twilio during the 3rd quarter valued at $46,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Price Performance

NYSE TWLO opened at $103.44 on Monday. The stock’s fifty day moving average price is $121.32 and its 200 day moving average price is $99.40. The company has a market cap of $15.79 billion, a price-to-earnings ratio of -161.62, a PEG ratio of 4.30 and a beta of 1.47. 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 1 year low of $52.51 and a 1 year high of $151.95.

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 the consensus estimate of $0.99 by ($0.77). The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. As a group, equities research analysts forecast that Twilio will post 1.44 earnings per share for the current year.

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.