Savant Capital LLC Has $1.97 Million Stake in Twilio Inc. $TWLO

Savant Capital LLC lowered its position in shares of Twilio Inc. (NYSE:TWLO) by 33.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,630 shares of the technology company’s stock after selling 9,794 shares during the quarter. Savant Capital LLC’s holdings in Twilio were worth $1,965,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in TWLO. CENTRAL TRUST Co acquired a new stake in Twilio during the second quarter worth approximately $25,000. Estabrook Capital Management bought a new position in shares of Twilio during the 2nd quarter worth approximately $31,000. First Horizon Corp bought a new position in shares of Twilio during the 3rd quarter worth approximately $28,000. Financial Gravity Companies Inc. acquired a new stake in shares of Twilio during the 2nd quarter worth approximately $35,000. Finally, SJS Investment Consulting Inc. increased its stake in shares of Twilio by 1,564.7% in the 3rd quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after acquiring an additional 266 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Twilio Price Performance

Shares of NYSE TWLO opened at $115.12 on Monday. Twilio Inc. has a fifty-two week low of $77.51 and a fifty-two week high of $148.31. The stock has a market cap of $17.66 billion, a price-to-earnings ratio of 280.78, a PEG ratio of 2.25 and a beta of 1.32. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.68 and a current ratio of 4.68. The firm’s 50-day simple moving average is $130.79 and its 200 day simple moving average is $119.41.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 13,336 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $134.28, for a total value of $1,790,758.08. Following the transaction, the chief executive officer owned 193,781 shares in the company, valued at $26,020,912.68. This trade represents a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andrew Stafman sold 1,000,000 shares of Twilio stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $129.00, for a total value of $129,000,000.00. Following the transaction, the director directly owned 2,295,000 shares in the company, valued at approximately $296,055,000. The trade was a 30.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,043,438 shares of company stock valued at $135,022,770 over the last ninety days. 4.50% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. FBN Securities raised shares of Twilio to a “strong-buy” rating in a research note on Wednesday, November 12th. Monness Crespi & Hardt increased their price objective on shares of Twilio from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Citizens Jmp raised their target price on Twilio from $165.00 to $185.00 and gave the company a “market outperform” rating in a research note on Tuesday, December 30th. Morgan Stanley upped their price target on Twilio from $154.00 to $169.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Finally, Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 11th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $146.44.

Twilio Profile

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.