Klaviyo Sees Unusually Large Options Volume (NYSE:KVYO)

Klaviyo, Inc. (NYSE:KVYO) was the target of some unusual options trading on Monday. Investors bought 10,129 put options on the stock. This represents an increase of 266% compared to the average volume of 2,768 put options.

Wall Street Analysts Forecast Growth

KVYO has been the subject of several research reports. Morgan Stanley set a $34.00 price objective on shares of Klaviyo in a report on Wednesday, April 29th. Barclays cut their price target on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Jefferies Financial Group set a $25.00 price target on shares of Klaviyo in a research note on Saturday, May 9th. Benchmark lowered their price objective on shares of Klaviyo from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Klaviyo in a report on Wednesday, May 20th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, Klaviyo has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Klaviyo Stock Performance

Shares of Klaviyo stock opened at $16.12 on Wednesday. The firm has a 50-day simple moving average of $15.84 and a two-hundred day simple moving average of $20.32. The company has a market cap of $4.83 billion, a P/E ratio of -401.40 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.

Klaviyo (NYSE:KVYO) last posted its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating 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 firm had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. During the same period last year, the firm earned $0.14 EPS. The company’s quarterly revenue was up 27.9% on a year-over-year basis. Equities research analysts forecast that Klaviyo will post 0.25 EPS for the current year.

Insiders Place Their Bets

In other news, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $133,196.18. Following the completion of the transaction, the director owned 10,939 shares of the company’s stock, valued at $156,099.53. This represents a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of Klaviyo stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the sale, the insider owned 584,124 shares in the company, valued at approximately $11,682,480. The trade was a 1.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,073,486 shares of company stock valued at $17,137,125 over the last three months. Insiders own 37.42% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd increased its holdings in Klaviyo by 1,650.9% in the 3rd 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 in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Klaviyo in the third quarter valued at about $34,000. Quarry LP acquired a new stake in shares of Klaviyo in the third quarter valued at about $44,000. Osaic Holdings Inc. increased its stake in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares in the last quarter. Finally, Optiver Holding B.V. purchased a new stake in shares of Klaviyo during the first quarter worth about $39,000. 45.43% of the stock is owned by institutional investors and hedge funds.

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.