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

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 15,000 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $31.50, for a total value of $472,500.00. Following the sale, the chief financial officer directly owned 481,719 shares of the company’s stock, valued at $15,174,148.50. This represents a 3.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

• On Friday, August 15th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The shares were sold at an average price of $31.32, for a total value of $469,800.00.
• On Friday, July 11th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The shares were sold at an average price of $31.66, for a total value of $474,900.00.

Klaviyo Price Performance

Shares of Klaviyo stock opened at $31.19 on Friday. The business has a fifty day simple moving average of $32.06 and a two-hundred day simple moving average of $32.29. Klaviyo, Inc. has a 1 year low of $23.77 and a 1 year high of $49.55. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of -124.76 and a beta of 1.36.

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

Institutional Trading of Klaviyo

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

Analyst Upgrades and Downgrades

KVYO has been the subject of a number of research reports. Benchmark lifted their target price on Klaviyo from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Macquarie reissued a “neutral” rating and set a $37.00 target price on shares of Klaviyo in a report on Wednesday, August 6th. Citigroup raised Klaviyo from a “neutral” rating to a “buy” rating and boosted their price target for the company from $40.00 to $50.00 in a research note on Thursday, August 7th. TD Cowen boosted their price target on Klaviyo from $45.00 to $46.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Finally, Cantor Fitzgerald raised Klaviyo to an “overweight” rating and set a $48.00 price target for the company in a research note on Tuesday, June 3rd. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Klaviyo currently has a consensus rating of “Moderate Buy” and a consensus 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.