Klaviyo (NYSE:KVYO) Upgraded at The Goldman Sachs Group

Klaviyo (NYSE:KVYO) was upgraded by investment analysts at The Goldman Sachs Group to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

KVYO has been the subject of a number of other reports. KeyCorp lowered their price target on Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wells Fargo & Company reduced their price objective on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Scotiabank set a $32.00 target price on shares of Klaviyo in a research note on Wednesday, June 17th. Finally, Stifel Nicolaus dropped their target price on shares of Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.00.

Klaviyo Stock Up 4.0%

Shares of Klaviyo stock opened at $14.03 on Tuesday. The firm has a market cap of $4.20 billion, a P/E ratio of -350.54 and a beta of 0.62. Klaviyo has a fifty-two week low of $12.53 and a fifty-two week high of $36.76. The business has a 50-day moving average price of $16.11 and a 200 day moving average price of $20.74.

Klaviyo (NYSE:KVYO) last released its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.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 business posted $0.14 EPS. Klaviyo’s quarterly revenue was up 27.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Klaviyo will post 0.25 earnings per share for the current year.

Insider Buying and Selling

In related news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the transaction, the chief financial officer directly owned 852,192 shares in the company, valued at $11,274,500.16. This represents a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of the stock in a transaction on Monday, April 20th. The stock was sold at an average price of $20.00, for a total value of $192,460.00. Following the completion of the sale, the insider directly owned 584,124 shares in the company, valued at $11,682,480. This represents a 1.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 1,073,486 shares of company stock worth $17,137,125. Company insiders own 37.42% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Several hedge funds and other institutional investors have recently modified their holdings of KVYO. Caitong International Asset Management Co. Ltd grew its position in shares of Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after acquiring an additional 908 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Klaviyo in the 3rd quarter valued at about $34,000. Optiver Holding B.V. acquired a new position in Klaviyo during the 1st quarter valued at about $39,000. Quarry LP acquired a new position in Klaviyo during the 3rd quarter valued at about $44,000. Finally, Osaic Holdings Inc. grew its position in Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock.

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.