Twilio (NYSE:TWLO) shares reached a new 52-week high and low during trading on Monday . The company traded as low as $56.00 and last traded at $53.84, with a volume of 201152 shares changing hands. The stock had previously closed at $53.83.

TWLO has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Twilio from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. JPMorgan Chase boosted their price target on shares of Twilio from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Wednesday, February 14th. Vetr upgraded shares of Twilio from a “hold” rating to a “buy” rating and set a $39.36 price target for the company in a research report on Tuesday, April 10th. Bank of America initiated coverage on shares of Twilio in a research report on Thursday, March 1st. They set a “buy” rating and a $45.00 price target for the company. Finally, ValuEngine upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research report on Wednesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and sixteen have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and an average price target of $43.56.

The firm has a market capitalization of $5.05 billion, a PE ratio of -68.12 and a beta of -0.55.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Tuesday, May 8th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.03. Twilio had a negative net margin of 16.61% and a negative return on equity of 21.88%. The company had revenue of $129.12 million during the quarter, compared to the consensus estimate of $115.92 million. During the same period in the previous year, the firm posted ($0.04) EPS. The firm’s revenue was up 47.8% compared to the same quarter last year. research analysts predict that Twilio will post -0.8 EPS for the current fiscal year.

In other news, General Counsel Karyn Smith sold 20,000 shares of Twilio stock in a transaction on Monday, March 5th. The shares were sold at an average price of $38.07, for a total transaction of $761,400.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Lee Kirkpatrick sold 13,770 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $30.29, for a total transaction of $417,093.30. The disclosure for this sale can be found here. Insiders have sold a total of 114,171 shares of company stock valued at $4,092,856 over the last ninety days. 25.03% of the stock is currently owned by insiders.

Institutional investors have recently bought and sold shares of the business. Delpha Capital Management LLC bought a new stake in Twilio in the fourth quarter worth $101,000. Cerebellum GP LLC bought a new stake in Twilio in the fourth quarter worth $117,000. SeaCrest Wealth Management LLC bought a new stake in Twilio in the fourth quarter worth $123,000. Prudential Financial Inc. bought a new stake in Twilio in the first quarter worth $228,000. Finally, Principal Financial Group Inc. bought a new stake in Twilio in the first quarter worth $249,000. 60.59% of the stock is owned by institutional investors and hedge funds.

About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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