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

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

Several research analysts have recently weighed in on TWLO shares. Wells Fargo & Company upped their target price on Twilio from $120.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, January 2nd. Morgan Stanley lifted their price objective on Twilio from $77.00 to $115.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 18th. Mizuho increased their target price on Twilio from $70.00 to $85.00 and gave the company a “neutral” rating in a report on Friday, December 13th. Barclays lifted their price target on Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. Finally, UBS Group increased their price objective on Twilio from $74.00 to $88.00 and gave the company a “buy” rating in a research note on Thursday, October 31st.

Insider Transactions at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the transaction, the insider now directly owns 125,576 shares in the company, valued at $13,813,360. This trade represents a 3.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 4.50% of the company’s stock.

Institutional Trading of Twilio

Several hedge funds have recently made changes to their positions in the business. True Wealth Design LLC grew its holdings in shares of Twilio by 5,200.0% in 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 in the last quarter. SouthState Corp increased its position in shares of Twilio by 159.1% during the second quarter. SouthState Corp now owns 500 shares of the technology company’s stock worth $28,000 after acquiring an additional 307 shares during the period. Brooklyn Investment Group acquired a new stake in shares of Twilio in the third quarter valued at $46,000. Venturi Wealth Management LLC raised its stake in shares of Twilio by 205.4% in the third quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock valued at $48,000 after acquiring an additional 493 shares in the last quarter. Finally, Huntington National Bank grew 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 purchasing an additional 532 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Price Performance

Shares of Twilio stock opened at $109.74 on Wednesday. The firm has a market cap of $16.83 billion, a PE ratio of -42.70, a P/E/G ratio of 3.26 and a beta of 1.38. Twilio has a twelve month low of $52.51 and a twelve month high of $116.43. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $103.17 and a 200 day moving average price of $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.