StockNews.com Downgrades Twilio (NYSE:TWLO) to Hold

Twilio (NYSE:TWLO) was downgraded by investment analysts at StockNews.com from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Monday.

A number of other equities research analysts also recently weighed in on TWLO. Royal Bank of Canada restated an “underperform” rating and issued a $75.00 target price on shares of Twilio in a research report on Wednesday, March 19th. Monness Crespi & Hardt raised their target price on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Baird R W upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Tigress Financial raised their price objective on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, William Blair reaffirmed an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $135.35.

Twilio Price Performance

Shares of TWLO opened at $105.96 on Monday. Twilio has a one year low of $52.51 and a one year high of $151.95. The stock’s fifty day moving average is $121.24 and its 200-day moving average is $100.05. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The firm has a market capitalization of $16.17 billion, a price-to-earnings ratio of -165.56, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last released its earnings results 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 negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Equities analysts anticipate that Twilio will post 1.44 EPS for the current year.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. This trade represents a 4.08 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were 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 of the company’s stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Twilio

Several institutional investors and hedge funds have recently modified their holdings of the business. Ritholtz Wealth Management bought a new stake in Twilio during the fourth quarter worth approximately $344,000. Bleakley Financial Group LLC bought a new stake in shares of Twilio during the 4th quarter worth $230,000. Zacks Investment Management acquired a new position in Twilio in the 3rd quarter valued at $3,386,000. Aigen Investment Management LP lifted its position in Twilio by 81.6% during the 4th quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company’s stock worth $1,248,000 after acquiring an additional 5,188 shares during the last quarter. Finally, The Manufacturers Life Insurance Company boosted its holdings in Twilio by 151.7% during the third quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company’s stock valued at $2,820,000 after acquiring an additional 26,062 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

About Twilio

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.