Amanda Whalen Sells 14,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $14.26, for a total transaction of $199,640.00. Following the transaction, the chief financial officer directly owned 895,141 shares in the company, valued at $12,764,710.66. The trade was a 1.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at 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, April 16th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The shares were sold at an average price of $18.54, for a total transaction of $259,560.00.
• On Thursday, March 12th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The stock was sold at an average price of $19.58, for a total transaction of $274,120.00.

Klaviyo Price Performance

NYSE:KVYO traded up $0.19 during trading hours on Monday, reaching $14.57. 5,059,569 shares of the company were exchanged, compared to its average volume of 7,645,121. The firm has a market cap of $4.36 billion, a price-to-earnings ratio of -364.08 and a beta of 0.79. Klaviyo, Inc. has a 52-week low of $13.53 and a 52-week high of $36.76. The stock has a 50 day simple moving average of $18.39 and a 200 day simple moving average of $23.25.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. During the same quarter last year, the firm posted $0.14 earnings per share. Klaviyo’s revenue was up 27.9% on a year-over-year basis. On average, analysts predict that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of KVYO. Capital International Investors acquired a new position in shares of Klaviyo in the 4th quarter valued at about $415,254,000. Morgan Stanley lifted its position in Klaviyo by 36.1% in the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Klaviyo during the 4th quarter worth about $92,675,000. Vanguard Group Inc. raised its position in shares of Klaviyo by 19.2% during the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after buying an additional 2,059,550 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Klaviyo by 86.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock worth $115,747,000 after buying an additional 1,656,912 shares in the last quarter. 45.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on KVYO. Piper Sandler lowered their price target on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. The Goldman Sachs Group lowered their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. TD Cowen reissued a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Wall Street Zen raised shares of Klaviyo from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, Wells Fargo & Company decreased their price objective on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Eighteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and an average price target of $31.40.

Klaviyo Company Profile

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.