Klaviyo (NYSE:KVYO) Insider Sells 53,473 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 53,473 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $20.01, for a total value of $1,069,994.73. Following the completion of the sale, the insider owned 485,969 shares of the company’s stock, valued at $9,724,239.69. This trade represents a 9.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Landon Edmond also recently made the following trade(s):

• On Monday, August 31st, Landon Edmond sold 8,103 shares of Klaviyo stock. The shares were sold at an average price of $20.44, for a total value of $165,625.32.

Klaviyo Stock Performance

Klaviyo stock traded up $0.04 during trading on Tuesday, reaching $20.62. The company had a trading volume of 10,719,926 shares, compared to its average volume of 6,885,645. The firm has a market capitalization of $5.87 billion, a PE ratio of 102.90 and a beta of 0.57. The firm’s 50-day simple moving average is $17.57 and its 200 day simple moving average is $17.40. Klaviyo, Inc. has a 1-year low of $12.53 and a 1-year high of $36.22.

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

Institutional Trading of Klaviyo

Several institutional investors have recently made changes to their positions in the company. Morgan Stanley raised its holdings in shares of 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 buying an additional 3,855,160 shares during the period. Vanguard Group Inc. increased its stake in shares of Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the period. Capital International Investors purchased a new position in Klaviyo in the fourth quarter worth approximately $415,254,000. Alliancebernstein L.P. increased its position in shares of Klaviyo by 10.1% in the 2nd quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company’s stock valued at $148,566,000 after purchasing an additional 404,969 shares during the last quarter. Finally, Sands Capital Alternatives LLC increased its holdings in shares of Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock valued at $118,505,000 after acquiring an additional 134,613 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. KeyCorp reduced their price target on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Truist Financial cut their price objective on Klaviyo from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Weiss Ratings cut Klaviyo from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, August 24th. Stifel Nicolaus decreased their target price on Klaviyo from $24.00 to $22.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, BTIG Research lowered their price target on Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Klaviyo has a consensus rating of “Moderate Buy” and an average price target of $27.14.

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.