Klaviyo (NYSE:KVYO) CEO Sells $7,323,457.70 in Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 226,382 shares of the stock in a transaction on Tuesday, September 16th. The shares were sold at an average price of $32.35, for a total value of $7,323,457.70. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, September 9th, Andrew Bialecki sold 220,481 shares of Klaviyo stock. The shares were sold at an average price of $31.96, for a total value of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The shares were sold at an average price of $31.00, for a total value of $6,922,424.00.
• On Tuesday, August 26th, Andrew Bialecki sold 226,702 shares of Klaviyo stock. The shares were sold at an average price of $31.50, for a total value of $7,141,113.00.

Klaviyo Price Performance

NYSE:KVYO opened at $33.62 on Friday. The company has a market cap of $10.09 billion, a P/E ratio of -134.48 and a beta of 1.36. The stock’s fifty day moving average price is $32.01 and its two-hundred day moving average price is $32.11. Klaviyo, Inc. has a 1 year low of $23.77 and a 1 year high of $49.55.

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

Analysts Set New Price Targets

KVYO has been the topic of several recent research reports. Zacks Research upgraded Klaviyo to a “strong sell” rating in a research report on Friday, August 8th. Wall Street Zen downgraded Klaviyo from a “buy” rating to a “hold” rating in a research report on Sunday, August 17th. Citigroup upgraded Klaviyo from a “neutral” rating to a “buy” rating and increased their target price for the stock from $40.00 to $50.00 in a research report on Thursday, August 7th. TD Cowen increased their price objective on Klaviyo from $45.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Benchmark lifted their price objective on Klaviyo from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Wednesday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and an average price target of $43.65.

Institutional Inflows and Outflows

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

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.