Klaviyo (NYSE:KVYO) Stock Price Up 8.7% – What’s Next?

Klaviyo, Inc. (NYSE:KVYOGet Free Report)’s stock price traded up 8.7% during mid-day trading on Tuesday . The company traded as high as $17.27 and last traded at $17.2680. 2,404,311 shares were traded during mid-day trading, a decline of 49% from the average session volume of 4,720,857 shares. The stock had previously closed at $15.88.

Analysts Set New Price Targets

A number of research firms recently weighed in on KVYO. Weiss Ratings initiated coverage on Klaviyo in a research report on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Jefferies Financial Group dropped their price objective on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price target on Klaviyo in a research report on Wednesday, February 11th. William Blair reissued an “outperform” rating on shares of Klaviyo in a research note on Monday, November 17th. Finally, Cantor Fitzgerald cut their price target on Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.24.

View Our Latest Stock Analysis on KVYO

Klaviyo Price Performance

The stock has a 50-day moving average price of $25.47 and a 200 day moving average price of $27.91. The company has a market cap of $5.14 billion, a price-to-earnings ratio of -140.82 and a beta of 1.14.

Klaviyo (NYSE:KVYOGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The business’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.07 earnings per share. Sell-side analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Insider Buying and Selling

In other Klaviyo news, CEO Andrew Bialecki sold 167,926 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ed Hallen sold 117,550 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the transaction, the director owned 133,624 shares in the company, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,508,552 shares of company stock worth $42,955,913 over the last three months. 53.24% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Klaviyo

Hedge funds and other institutional investors have recently made changes to their positions in the business. Public Sector Pension Investment Board purchased a new stake in shares of Klaviyo during the 3rd quarter valued at approximately $2,403,000. Barton Investment Management bought a new stake in Klaviyo in the 3rd quarter worth approximately $10,937,000. Assetmark Inc. boosted its stake in Klaviyo by 316.6% in the second quarter. Assetmark Inc. now owns 62,577 shares of the company’s stock worth $2,101,000 after buying an additional 47,555 shares in the last quarter. JPMorgan Chase & Co. grew its position in Klaviyo by 105.1% during the second quarter. JPMorgan Chase & Co. now owns 1,692,854 shares of the company’s stock valued at $56,846,000 after acquiring an additional 867,666 shares during the last quarter. Finally, Sands Capital Management LLC lifted its holdings in shares of Klaviyo by 14.0% in the 2nd quarter. Sands Capital Management LLC now owns 1,109,069 shares of the company’s stock worth $37,243,000 after acquiring an additional 136,320 shares during the last quarter. 45.43% of the stock is owned by institutional investors.

Klaviyo Company Profile

(Get Free Report)

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.

Further Reading

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