Twilio Inc. (NYSE:TWLO) registered a 0.17% increase, still its new closing price is 27.22% up from the company’s 1 year high of 70.96.It posted 0.84% gains in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 12 stock analysts following this company have an average price target at $38.10, with individual PT in the $30.00-$50.00 range. The shares moved at $30.10, implying that brokerage firms see shares gaining about – in twelve months time.
Twilio Inc. (TWLO) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.33% rise year to date. A 10% Owner at Twilio Inc. (TWLO) offloaded shares in a transaction closed on Wednesday October 26, 2016. Bessemer Venture Partners VII sold 3,084,651 shares in the company at $38.6 each and collected $119,067,001 in proceeds. Bessemer Venture Partners VII now owns 0 shares in the company after this transaction. A Director in the company, McGeever James, disclosed a transaction on Wednesday October 26, 2016 that ended up generating $2,812,000 from the sale of 72,861 shares at $38.6 per share.
Twilio Inc. (NYSE:TWLO) Upcoming Results on Tap
Twilio Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $-0.05 in that period. Sales during the quarter are predicted to arrive at $77.85 million.
Earnings surprise history: Last quarter, the company posted approximately $71.53 million in revenue and EPS of $-0.04. The mean forecast was for $67.2 million and $-0.08 a share, respectively. One quarter earlier, revenue for the stock was at $64.51 million, with earnings at $-0.08/share.
Twilio Inc. (TWLO) Brokerage Update
Twilio Inc. (TWLO) is in JMP Securities’s research list so their analyst rating change is noteworthy. These shares were upgraded to Mkt Outperform from Mkt Perform by JMP Securities, according to news reported on Wednesday February 01, 2017.Another important research note was issued by Canaccord Genuity on Tuesday January 10, 2017.The firm upgraded TWLO to Buy from Hold. Over the last six months and over the last three months, the shares of Twilio Inc. (TWLO), have changed -21.92% and -16.11%, respectively.