Andrew Bialecki Sells 211,358 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 211,358 shares of the company’s stock in a transaction dated Tuesday, September 23rd. The stock was sold at an average price of $35.45, for a total transaction of $7,492,641.10. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

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

• On Tuesday, September 16th, Andrew Bialecki sold 226,382 shares of Klaviyo stock. The shares were sold at an average price of $32.35, for a total transaction of $7,323,457.70.
• 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 transaction of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The stock was sold at an average price of $31.00, for a total transaction 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 transaction of $7,141,113.00.

Klaviyo Trading Down 7.6%

KVYO opened at $32.57 on Friday. The business’s 50 day moving average is $32.32 and its 200-day moving average is $32.06. The stock has a market cap of $9.77 billion, a PE ratio of -130.28 and a beta of 1.36. Klaviyo, Inc. has a twelve month low of $23.77 and a twelve month high of $49.55.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.03. The business had revenue of $293.12 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period in the prior year, the company posted $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts forecast that Klaviyo, Inc. will post 0.04 EPS for the current year.

Hedge Funds Weigh In On Klaviyo

A number of institutional investors have recently bought and sold shares of KVYO. TFC Financial Management Inc. purchased a new stake in Klaviyo during the first quarter valued at about $27,000. CWM LLC raised its holdings 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 acquiring an additional 646 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Klaviyo in the 2nd quarter valued at approximately $31,000. First Horizon Advisors Inc. purchased a new stake in shares of Klaviyo in the 2nd quarter valued at approximately $37,000. Finally, State of Wyoming acquired a new position in Klaviyo in the 1st quarter worth approximately $42,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

KVYO has been the subject of several research analyst reports. Wells Fargo & Company raised shares of Klaviyo from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $32.00 to $40.00 in a report on Friday, June 13th. TD Cowen upped their price target on shares of Klaviyo from $45.00 to $46.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Stifel Nicolaus lowered their price objective on shares of Klaviyo from $45.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, July 15th. Cantor Fitzgerald raised Klaviyo to an “overweight” rating and set a $48.00 target price on the stock in a report on Tuesday, June 3rd. Finally, Macquarie restated a “neutral” rating and issued a $37.00 target price on shares of Klaviyo in a research report on Wednesday, August 6th. Nineteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.45.

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.