Caprock Group LLC Buys New Shares in Twilio Inc. $TWLO

Caprock Group LLC purchased a new stake in shares of Twilio Inc. (NYSE:TWLO) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 37,736 shares of the technology company’s stock, valued at approximately $3,985,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. CENTRAL TRUST Co bought a new position in shares of Twilio in the second quarter valued at $25,000. SJS Investment Consulting Inc. lifted its stake in Twilio by 1,564.7% in the third 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 during the last quarter. First Horizon Corp bought a new position in shares of Twilio in the 3rd quarter valued at about $28,000. Estabrook Capital Management acquired a new position in shares of Twilio during the 2nd quarter worth about $31,000. Finally, Financial Gravity Companies Inc. acquired a new stake in Twilio in the 2nd quarter valued at about $35,000. Institutional investors own 84.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on TWLO. Citigroup restated a “market perform” rating on shares of Twilio in a research note on Tuesday, December 30th. The Goldman Sachs Group restated a “buy” rating and issued a $150.00 price target on shares of Twilio in a research note on Friday, October 31st. Stifel Nicolaus lifted their price objective on shares of Twilio from $110.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, October 31st. BTIG Research assumed coverage on shares of Twilio in a report on Monday, January 5th. They issued a “buy” rating and a $165.00 price objective on the stock. Finally, KeyCorp lifted their target price on shares of Twilio from $146.00 to $156.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $146.44.

Twilio Trading Down 7.1%

Shares of TWLO stock opened at $110.34 on Thursday. The stock has a market cap of $16.93 billion, a P/E ratio of 269.11, a price-to-earnings-growth ratio of 2.32 and a beta of 1.32. Twilio Inc. has a 1 year low of $77.51 and a 1 year high of $147.42. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $130.00 and a 200 day simple moving average of $119.16.

Insider Activity

In other news, Director Andrew Stafman sold 1,000,000 shares of the stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $129.00, for a total transaction of $129,000,000.00. Following the sale, the director directly owned 2,295,000 shares of the company’s stock, valued at approximately $296,055,000. This represents a 30.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 7,213 shares of the business’s stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $135.97, for a total value of $980,751.61. Following the completion of the transaction, the chief financial officer directly owned 112,236 shares of the company’s stock, valued at approximately $15,260,728.92. This trade represents a 6.04% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 1,043,438 shares of company stock worth $135,022,770. 0.21% of the stock is currently owned by company insiders.

Twilio Company 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.