Klaviyo (NYSE:KVYO) CFO Sells $258,580.00 in Stock

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction on Friday, August 14th. The stock was sold at an average price of $18.47, for a total transaction of $258,580.00. Following the sale, the chief financial officer directly owned 824,192 shares in the company, valued at approximately $15,222,826.24. This trade represents a 1.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Thursday, June 18th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00.

Klaviyo Stock Down 0.6%

Shares of NYSE KVYO opened at $18.09 on Friday. The firm has a 50-day simple moving average of $16.67 and a 200-day simple moving average of $17.47. The stock has a market capitalization of $5.15 billion, a price-to-earnings ratio of 904.95 and a beta of 0.54. Klaviyo, Inc. has a 52 week low of $12.53 and a 52 week high of $36.22.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The firm had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. During the same period in the previous year, the business posted $0.16 earnings per share. Klaviyo’s quarterly revenue was up 26.4% on a year-over-year basis. As a group, equities research analysts expect that Klaviyo, Inc. will post 0.2 EPS for the current year.

Institutional Trading of Klaviyo

A number of hedge funds and other institutional investors have recently made changes to their positions in KVYO. Royal Bank of Canada lifted its holdings in Klaviyo by 59.4% in the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after acquiring an additional 3,730 shares during the last quarter. Amundi increased its stake in Klaviyo by 109.7% during the first quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after acquiring an additional 7,514 shares during the last quarter. AQR Capital Management LLC acquired a new stake in Klaviyo during the first quarter worth $359,000. Woodline Partners LP raised its position in Klaviyo by 54.5% in the first quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock valued at $376,000 after purchasing an additional 4,379 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Klaviyo by 40.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after purchasing an additional 42,980 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on KVYO shares. Stephens upped their price target on Klaviyo from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. KeyCorp reduced their price objective on Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Citigroup boosted their price objective on Klaviyo from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Jefferies Financial Group restated a “buy” rating and issued a $21.00 target price on shares of Klaviyo in a report on Thursday, August 6th. Finally, Wells Fargo & Company set a $29.00 target price on Klaviyo in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

About Klaviyo

Klaviyo, Inc is a cloud-based marketing automation platform that enables businesses to leverage customer data for targeted email and SMS campaigns. The company’s platform centralizes first-party data from various sources—including e-commerce storefronts, websites, and CRM systems—to help organizations deliver personalized marketing across the customer lifecycle. Klaviyo’s core offerings include segmented email marketing, automated messaging workflows, and performance analytics designed to drive customer engagement and revenue growth.

The platform provides a suite of tools for campaign creation and management, including drag-and-drop email and SMS builders, dynamic content rendering, and A/B testing capabilities.