Boothbay Fund Management LLC Has $7.80 Million Holdings in Twilio Inc. (NYSE:TWLO)

Boothbay Fund Management LLC boosted its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 82.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 72,181 shares of the technology company's stock after acquiring an additional 32,567 shares during the quarter. Boothbay Fund Management LLC's holdings in Twilio were worth $7,801,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC bought a new stake in Twilio during the 4th quarter worth about $19,801,000. Coldstream Capital Management Inc. acquired a new position in Twilio during the fourth quarter valued at approximately $221,000. Monolith Management Ltd acquired a new position in Twilio during the fourth quarter valued at approximately $2,918,000. Nebula Research & Development LLC boosted its position in Twilio by 69.2% during the fourth quarter. Nebula Research & Development LLC now owns 26,550 shares of the technology company's stock valued at $2,870,000 after purchasing an additional 10,863 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its position in Twilio by 11.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 8,848 shares of the technology company's stock valued at $956,000 after purchasing an additional 887 shares during the last quarter. 84.27% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now owns 295,134 shares of the company's stock, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares in the company, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,471 shares of company stock worth $2,344,149. Insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on TWLO. Stifel Nicolaus increased their price target on Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Baird R W raised Twilio from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. William Blair reissued an "outperform" rating on shares of Twilio in a research report on Friday, February 14th. UBS Group increased their price target on Twilio from $145.00 to $175.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Finally, JPMorgan Chase & Co. raised their price objective on Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $124.65.

Twilio Price Performance

Twilio stock traded up $1.34 during mid-day trading on Thursday, reaching $98.05. 1,815,822 shares of the company were exchanged, compared to its average volume of 3,099,846. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95. The company has a fifty day simple moving average of $98.07 and a 200-day simple moving average of $104.49. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The firm has a market cap of $14.97 billion, a PE ratio of -153.23, a PEG ratio of 4.30 and a beta of 1.50.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, equities research analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

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.