Twilio (NYSE:TWLO) Given “Market Outperform” Rating at JMP Securities

Twilio (NYSE:TWLO)‘s stock had its “market outperform” rating reissued by investment analysts at JMP Securities in a research note issued on Friday,Benzinga reports. They presently have a $165.00 price target on the technology company’s stock. JMP Securities’ price target would suggest a potential upside of 30.63% from the stock’s current price.

Several other analysts have also commented on TWLO. Wells Fargo & Company raised their price objective on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Morgan Stanley raised their target price on shares of Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Stifel Nicolaus raised their target price on shares of Twilio from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, January 24th. UBS Group raised their target price on shares of Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, January 24th. Finally, Monness Crespi & Hardt raised their target price on shares of Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Twilio presently has a consensus rating of “Moderate Buy” and an average price target of $126.54.

Twilio Trading Down 14.2 %

Shares of Twilio stock traded down $20.97 during trading on Friday, reaching $126.31. 9,408,702 shares of the stock were exchanged, compared to its average volume of 3,656,627. 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 stock’s fifty day moving average is $120.96 and its 200 day moving average is $89.74. The firm has a market cap of $19.37 billion, a price-to-earnings ratio of -49.01, a price-to-earnings-growth ratio of 3.60 and a beta of 1.43. Twilio has a 1 year low of $52.51 and a 1 year high of $151.95.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a positive return on equity of 0.85% and a negative net margin of 10.65%. As a group, equities research analysts expect that Twilio will post 0.88 earnings per share for the current fiscal year.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.55, for a total transaction of $743,979.60. Following the transaction, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. This trade represents a 4.08 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the transaction, the insider now owns 125,576 shares in the company, valued at $13,813,360. This represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,015 shares of company stock worth $2,483,695 in the last 90 days. 4.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Adage Capital Partners GP L.L.C. purchased a new position in shares of Twilio during the 4th quarter valued at $3,783,000. Hood River Capital Management LLC purchased a new stake in Twilio in the 4th quarter worth $7,518,000. MGO One Seven LLC purchased a new stake in Twilio in the 4th quarter worth $2,079,000. Pinebridge Investments L.P. lifted its stake in Twilio by 13.9% in the 4th quarter. Pinebridge Investments L.P. now owns 102,264 shares of the technology company’s stock worth $11,053,000 after purchasing an additional 12,475 shares in the last quarter. Finally, Quantessence Capital LLC purchased a new stake in Twilio in the 4th quarter worth $765,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

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.