Klaviyo (NYSE:KVYO) Trading Up 8.8% – Time to Buy?

Klaviyo, Inc. (NYSE:KVYO)’s stock price shot up 8.8% during trading on Thursday . The company traded as high as $18.21 and last traded at $18.7750. 3,079,196 shares were traded during trading, a decline of 44% from the average daily volume of 5,526,027 shares. The stock had previously closed at $17.25.

Analyst Upgrades and Downgrades

KVYO has been the subject of a number of recent analyst reports. Scotiabank set a $32.00 price objective on shares of Klaviyo in a report on Wednesday, June 17th. Canaccord Genuity Group reduced their target price on Klaviyo from $32.00 to $29.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Wells Fargo & Company set a $29.00 price target on Klaviyo in a research note on Thursday, August 6th. Piper Sandler reduced their price objective on Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Benchmark lowered Klaviyo from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. One research 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, Klaviyo presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Price Performance

The company has a market cap of $5.79 billion, a PE ratio of 967.98 and a beta of 0.54. The business has a 50-day moving average of $16.29 and a 200 day moving average of $17.73.

Klaviyo (NYSE:KVYO) last announced its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $370.58 million for the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The business’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same period last year, the firm posted $0.16 earnings per share. On average, equities analysts predict that Klaviyo, Inc. will post 0.24 EPS for the current fiscal year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total value of $185,220.00. Following the transaction, the chief financial officer directly owned 852,192 shares in the company, valued at approximately $11,274,500.16. This trade represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal 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. Also, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the transaction, the chief executive officer owned 212,529 shares in the company, valued at $3,105,048.69. This represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 435,863 shares of company stock valued at $6,399,465. Insiders own 37.42% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its holdings in shares of Klaviyo by 12.3% in the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after purchasing an additional 1,573,812 shares in the last quarter. Jefferies Financial Group Inc. boosted its stake in shares of Klaviyo by 2,320.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after purchasing an additional 436,204 shares in the last quarter. Delta Global Management LP increased its holdings in Klaviyo by 52.7% during the fourth quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock valued at $25,499,000 after buying an additional 270,944 shares during the period. Huntington National Bank increased its holdings in Klaviyo by 117.1% during the fourth quarter. Huntington National Bank now owns 166,501 shares of the company’s stock valued at $5,406,000 after buying an additional 89,800 shares during the period. Finally, Bank of New York Mellon Corp raised its stake in Klaviyo by 8.9% in the first quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock worth $29,348,000 after buying an additional 123,480 shares in the last quarter. Institutional investors 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.