Parallel Advisors LLC Has $1.79 Million Stake in Twilio Inc. (NYSE:TWLO)

Parallel Advisors LLC decreased its position in shares of Twilio Inc. (NYSE:TWLO – Free Report) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,512 shares of the technology company’s stock after selling 1,763 shares during the quarter. [...]

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Parallel Advisors LLC decreased its position in shares of Twilio Inc. ( NYSE:TWLO – Free Report ) by 5.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.

The institutional investor owned 31,512 shares of the technology company’s stock after selling 1,763 shares during the quarter. Parallel Advisors LLC’s holdings in Twilio were worth $1,790,000 at the end of the most recent reporting period. Other hedge funds also recently modified their holdings of the company.



Principal Securities Inc. acquired a new position in Twilio during the 4th quarter worth about $25,000. Dimensional Fund Advisors LP lifted its holdings in Twilio by 18.

7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,385,466 shares of the technology company’s stock worth $105,131,000 after buying an additional 217,796 shares during the period. Avantax Advisory Services Inc.

lifted its holdings in Twilio by 32.1% during the 4th quarter. Avantax Advisory Services Inc.

now owns 8,487 shares of the technology company’s stock worth $644,000 after buying an additional 2,064 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Twilio by 114.2% during the 4th quarter.

Janney Montgomery Scott LLC now owns 45,289 shares of the technology company’s stock worth $3,436,000 after buying an additional 24,147 shares during the period. Finally, Beacon Pointe Advisors LLC lifted its holdings in Twilio by 46.9% during the 4th quarter.

Beacon Pointe Advisors LLC now owns 40,196 shares of the technology company’s stock worth $3,050,000 after buying an additional 12,832 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Activity at Twilio In related news, insider Dana Wagner sold 4,237 shares of the company’s stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $56.28, for a total value of $238,458.

36. Following the transaction, the insider now owns 160,137 shares in the company, valued at $9,012,510.36.

The transaction was disclosed in a document filed with the SEC, which is available through the SEC website . In other news, CFO Aidan Viggiano sold 6,586 shares of the company’s stock in a transaction on Friday, July 5th. The shares were sold at an average price of $56.

26, for a total value of $370,528.36. Following the transaction, the chief financial officer now owns 188,462 shares of the company’s stock, valued at $10,602,872.

12. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website . Also, insider Dana Wagner sold 4,237 shares of the company’s stock in a transaction dated Monday, July 1st.

The stock was sold at an average price of $56.28, for a total value of $238,458.36.

Following the completion of the transaction, the insider now owns 160,137 shares in the company, valued at $9,012,510.36. The disclosure for this sale can be found here .

Over the last quarter, insiders have sold 47,030 shares of company stock worth $2,677,475. Insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In Check Out Our Latest Research Report on TWLO Twilio Price Performance Shares of NYSE TWLO opened at $59.46 on Monday. Twilio Inc.

has a twelve month low of $49.86 and a twelve month high of $78.16.

The stock’s 50 day moving average price is $59.50 and its 200-day moving average price is $59.34.

The company has a market capitalization of $9.55 billion, a PE ratio of -14.83, a PEG ratio of 3.

37 and a beta of 1.35. 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 announced its earnings results on Thursday, August 1st. The technology company reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.

70 by $0.17. Twilio had a negative return on equity of 0.

22% and a negative net margin of 14.02%. The firm had revenue of $1.

08 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the business earned ($0.

23) EPS. The company’s revenue was up 4.4% compared to the same quarter last year.

On average, equities analysts anticipate that Twilio Inc. will post 0.54 EPS for the current year.

Twilio Profile ( 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.

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