Twilio Inc (NYSE:TWLO) – Investment analysts at William Blair issued their Q1 2018 EPS estimates for Twilio in a report issued on Wednesday. William Blair analyst B. Suri expects that the technology company will earn ($0.17) per share for the quarter. William Blair also issued estimates for Twilio’s Q2 2018 earnings at ($0.20) EPS, Q3 2018 earnings at ($0.10) EPS, Q4 2018 earnings at ($0.10) EPS, FY2018 earnings at ($0.58) EPS and FY2019 earnings at ($0.54) EPS.
Several other equities research analysts have also recently weighed in on the company. JPMorgan Chase & Co. upped their price target on Twilio from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. Zacks Investment Research upgraded Twilio from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Oppenheimer reiterated a “buy” rating and set a $38.00 price target on shares of Twilio in a research report on Tuesday, January 2nd. Drexel Hamilton reiterated a “buy” rating and set a $47.00 price target on shares of Twilio in a research report on Thursday, December 28th. Finally, Canaccord Genuity reiterated a “buy” rating and set a $38.00 price target on shares of Twilio in a research report on Wednesday, December 6th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $36.75.
Shares of Twilio (TWLO) opened at $33.09 on Monday. Twilio has a 52-week low of $22.80 and a 52-week high of $34.74. The firm has a market capitalization of $3,080.00 and a PE ratio of -47.27.
In related news, CFO Lee Kirkpatrick sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, January 16th. The shares were sold at an average price of $25.89, for a total value of $181,230.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, General Counsel Karyn Smith sold 5,213 shares of the company’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $25.50, for a total transaction of $132,931.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 64,279 shares of company stock worth $1,807,569. 25.03% of the stock is owned by company insiders.
Institutional investors and hedge funds have recently modified their holdings of the business. Delpha Capital Management LLC purchased a new stake in Twilio in the fourth quarter worth approximately $101,000. Cerebellum GP LLC purchased a new stake in Twilio in the fourth quarter worth approximately $117,000. SeaCrest Wealth Management LLC purchased a new stake in Twilio in the fourth quarter worth approximately $123,000. Ameritas Investment Partners Inc. purchased a new stake in Twilio in the second quarter worth approximately $159,000. Finally, Thompson Davis & CO. Inc. boosted its stake in Twilio by 36.8% in the third quarter. Thompson Davis & CO. Inc. now owns 6,500 shares of the technology company’s stock worth $194,000 after buying an additional 1,750 shares in the last quarter. 59.99% of the stock is owned by institutional investors and hedge funds.
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Twilio Company Profile
Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
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