Amanda Whalen Sells 15,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 15,000 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $31.32, for a total transaction of $469,800.00. Following the sale, the chief financial officer owned 485,515 shares in the company, valued at $15,206,329.80. This represents a 3.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Amanda Whalen also recently made the following trade(s):

• On Friday, July 11th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The stock was sold at an average price of $31.66, for a total transaction of $474,900.00.
• On Friday, June 13th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The stock was sold at an average price of $33.47, for a total transaction of $502,050.00.

Klaviyo Price Performance

Shares of NYSE:KVYO opened at $31.2610 on Thursday. The company has a market cap of $9.38 billion, a price-to-earnings ratio of -125.04 and a beta of 1.36. The firm has a 50 day simple moving average of $32.56 and a 200 day simple moving average of $33.97. Klaviyo, Inc. has a one year low of $23.77 and a one year high of $49.55.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.13 by $0.03. The business had revenue of $293.12 million during the quarter, compared to the consensus estimate of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The firm’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current year.

Institutional Trading of Klaviyo

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. TFC Financial Management Inc. acquired a new stake in shares of Klaviyo during the first quarter worth $27,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new stake in shares of Klaviyo during the second quarter worth $31,000. CWM LLC increased its position in shares of Klaviyo by 227.5% during the first quarter. CWM LLC now owns 930 shares of the company’s stock worth $28,000 after buying an additional 646 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of Klaviyo during the second quarter worth $37,000. Finally, State of Wyoming acquired a new stake in shares of Klaviyo during the first quarter worth $42,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on KVYO. Wall Street Zen downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a research note on Sunday. Scotiabank set a $35.00 price objective on shares of Klaviyo and gave the company a “sector perform” rating in a research note on Wednesday, May 7th. Cantor Fitzgerald raised shares of Klaviyo to an “overweight” rating and set a $48.00 price target for the company in a research note on Tuesday, June 3rd. The Goldman Sachs Group dropped their price target on shares of Klaviyo from $51.00 to $44.00 and set a “buy” rating for the company in a research note on Wednesday, May 7th. Finally, Wells Fargo & Company raised shares of Klaviyo from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $32.00 to $40.00 in a research note on Friday, June 13th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $43.65.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.