Twilio Inc. (NYSE:TWLO) Given Average Rating of “Buy” by Brokerages

by · The Cerbat Gem

Twilio Inc. (NYSE:TWLO – Get Free Report) has been given a consensus recommendation of “Buy” by the twenty-six research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, nineteen have given a buy recommendation and four have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $220.5909.

TWLO has been the topic of a number of research reports. Tigress Financial boosted their target price on shares of Twilio from $170.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, June 11th. Bank of America upgraded shares of Twilio from an “underperform” rating to a “buy” rating and upped their price objective for the stock from $110.00 to $190.00 in a report on Wednesday, April 22nd. Monness Crespi & Hardt raised their price target on shares of Twilio from $200.00 to $246.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Mizuho boosted their target price on Twilio from $200.00 to $240.00 and gave the stock an “outperform” rating in a research report on Friday, July 17th. Finally, Morgan Stanley reissued an “overweight” rating and set a $200.00 price target on shares of Twilio in a report on Friday, May 1st.

View Our Latest Stock Analysis on TWLO

Insider Buying and Selling

In other news, CEO Khozema Shipchandler sold 14,458 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $210.43, for a total transaction of $3,042,396.94. Following the sale, the chief executive officer directly owned 207,203 shares in the company, valued at $43,601,727.29. This trade represents a 6.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Erika Rottenberg sold 2,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $199.01, for a total value of $398,020.00. Following the completion of the transaction, the director owned 30,995 shares in the company, valued at $6,168,314.95. The trade was a 6.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,802,480 shares of company stock worth $341,620,487. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TWLO. Kennicott Capital Management LLC bought a new position in Twilio in the 2nd quarter worth approximately $235,000. Generali Investments Management Co LLC boosted its position in shares of Twilio by 23.5% during the second quarter. Generali Investments Management Co LLC now owns 8,192 shares of the technology company’s stock worth $1,690,000 after acquiring an additional 1,557 shares during the last quarter. Wealthcare Advisory Partners LLC purchased a new position in Twilio during the second quarter valued at $247,000. Revolve Wealth Partners LLC purchased a new position in Twilio during the second quarter valued at $381,000. Finally, Legacy Wealth Asset Management LLC bought a new stake in Twilio in the 2nd quarter valued at $306,000. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Trading Down 0.6%

TWLO opened at $192.93 on Thursday. The stock has a market cap of $29.28 billion, a PE ratio of 301.46, a PEG ratio of 3.86 and a beta of 1.37. The business has a 50 day moving average of $202.60 and a 200-day moving average of $160.55. Twilio has a 52 week low of $91.84 and a 52 week high of $238.48. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13.

About Twilio

(Get Free Report)

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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