2 weeks Ago By ABMN Staff
Clearline Capital LP acquired a new position in Twilio Inc. ( NYSE:TWLO – Free Report ) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 11,188 shares of the technology company’s stock, valued at approximately $636,000.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kodai Capital Management LP bought a new stake in Twilio in the fourth quarter worth $82,558,000. AQR Capital Management LLC boosted its stake in shares of Twilio by 736.
9% during the 2nd quarter. AQR Capital Management LLC now owns 1,142,967 shares of the technology company’s stock worth $63,915,000 after acquiring an additional 1,006,391 shares in the last quarter. Panagora Asset Management Inc.
increased its holdings in shares of Twilio by 286.3% during the 2nd quarter. Panagora Asset Management Inc.
now owns 716,551 shares of the technology company’s stock valued at $40,707,000 after acquiring an additional 531,075 shares during the last quarter. Goldentree Asset Management LP bought a new position in shares of Twilio in the 1st quarter valued at approximately $31,745,000. Finally, Point72 Asset Management L.
P. lifted its holdings in Twilio by 30.4% in the 2nd quarter.
Point72 Asset Management L.P. now owns 1,334,500 shares of the technology company’s stock worth $75,813,000 after purchasing an additional 311,481 shares during the last quarter.
Institutional investors own 84.27% of the company’s stock. Insider Activity at Twilio In other news, CFO Aidan Viggiano sold 1,931 shares of the firm’s stock in a transaction dated Tuesday, August 20th.
The stock was sold at an average price of $61.67, for a total value of $119,084.77.
Following the completion of the sale, the chief financial officer now directly owns 184,570 shares in the company, valued at approximately $11,382,431.90. The sale was disclosed in a document filed with the SEC, which is accessible through this link .
In other Twilio news, CEO Khozema Shipchandler sold 11,241 shares of the firm’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $56.29, for a total transaction of $632,755.
89. Following the transaction, the chief executive officer now directly owns 300,084 shares in the company, valued at approximately $16,891,728.36.
The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, CFO Aidan Viggiano sold 1,931 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $61.
67, for a total transaction of $119,084.77. Following the transaction, the chief financial officer now directly owns 184,570 shares in the company, valued at $11,382,431.
90. The disclosure for this sale can be found here . Insiders have sold 47,030 shares of company stock worth $2,677,475 in the last quarter.
Company insiders own 4.50% of the company’s stock. Wall Street Analysts Forecast Growth Read Our Latest Report on Twilio Twilio Stock Performance NYSE TWLO opened at $64.
66 on Friday. The company has a market capitalization of $11.07 billion, a price-to-earnings ratio of -16.
12, a PEG ratio of 3.59 and a beta of 1.35.
Twilio Inc. has a twelve month low of $49.86 and a twelve month high of $78.
16. The stock has a fifty day simple moving average of $60.41 and a 200 day simple moving average of $59.
50. The company has a quick ratio of 5.57, a current ratio of 5.
57 and a debt-to-equity ratio of 0.11. Twilio ( NYSE:TWLO – Get Free Report ) last issued its quarterly earnings results on Thursday, August 1st.
The technology company reported $0.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.
17. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.
06 billion. Twilio had a negative net margin of 14.02% and a negative return on equity of 0.
22%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis.
During the same quarter in the previous year, the company earned ($0.23) EPS. Sell-side analysts expect that Twilio Inc.
will post 0.54 EPS for the current year. About Twilio ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding TWLO? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Twilio Inc. ( NYSE:TWLO – Free Report ). Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.
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