Savant Capital LLC Raises Holdings in Twilio Inc. (NYSE:TWLO)

Savant Capital LLC increased its position in Twilio Inc. (NYSE:TWLO) by 2.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,707 shares of the technology company’s stock after buying an additional 606 shares during the period. Savant Capital LLC’s holdings in Twilio were worth $2,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TWLO. GHP Investment Advisors Inc. grew its stake in shares of Twilio by 10.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock worth $120,000 after buying an additional 104 shares in the last quarter. Tidal Investments LLC grew its position in Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock worth $1,152,000 after acquiring an additional 112 shares in the last quarter. Covestor Ltd increased its stake in Twilio by 16.7% during the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock worth $67,000 after acquiring an additional 148 shares during the last quarter. GAMMA Investing LLC increased its stake in Twilio by 25.0% during the fourth quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock worth $92,000 after acquiring an additional 170 shares during the last quarter. Finally, Metis Global Partners LLC raised its position in Twilio by 2.5% during the third quarter. Metis Global Partners LLC now owns 7,324 shares of the technology company’s stock valued at $478,000 after purchasing an additional 182 shares during the period. 84.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

TWLO has been the subject of a number of recent research reports. William Blair reiterated an “outperform” rating on shares of Twilio in a report on Friday, January 24th. Wells Fargo & Company boosted their price objective on shares of Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Needham & Company LLC increased their target price on shares of Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $77.00 to $185.00 in a research note on Monday, January 27th. Finally, Mizuho increased their price objective on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $119.25.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the completion of the transaction, the insider now owns 125,576 shares in the company, valued at $13,813,360. This trade represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,015 shares of company stock valued at $2,483,695 over the last ninety days. 4.50% of the stock is owned by company insiders.

Twilio Trading Down 1.0 %

NYSE:TWLO opened at $143.04 on Wednesday. The firm has a 50-day simple moving average of $118.81 and a 200-day simple moving average of $88.36. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95. The firm has a market cap of $21.94 billion, a P/E ratio of -55.66, a P/E/G ratio of 3.60 and a beta of 1.43. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.