Wellington Management Group LLP Trims Holdings in Klaviyo, Inc. $KVYO

Wellington Management Group LLP trimmed its position in shares of Klaviyo, Inc. (NYSE:KVYO) by 7.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,049,414 shares of the company’s stock after selling 430,029 shares during the period. Wellington Management Group LLP owned 1.77% of Klaviyo worth $76,246,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Natixis Advisors LLC raised its position in shares of Klaviyo by 3.4% during the third quarter. Natixis Advisors LLC now owns 11,397 shares of the company’s stock valued at $316,000 after buying an additional 372 shares during the last quarter. Pathstone Holdings LLC raised its position in shares of Klaviyo by 0.5% during the 3rd quarter. Pathstone Holdings LLC now owns 173,931 shares of the company’s stock valued at $4,816,000 after buying an additional 858 shares in the last quarter. Caitong International Asset Management Co. Ltd raised its position in Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after purchasing an additional 908 shares during the period. Advisors Asset Management Inc. lifted its position in Klaviyo by 29.5% in the fourth quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock worth $135,000 after buying an additional 951 shares during the last quarter. Finally, Squarepoint Ops LLC lifted its holdings in shares of Klaviyo by 1.2% in the 3rd quarter. Squarepoint Ops LLC now owns 95,394 shares of the company’s stock worth $2,641,000 after acquiring an additional 1,104 shares during the last quarter. Institutional investors own 45.43% of the company’s stock.

Insider Activity at Klaviyo

In related news, major shareholder Summit Partners L. P sold 5,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $17.71, for a total transaction of $88,550,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $18.47, for a total transaction of $258,580.00. Following the sale, the chief financial officer directly owned 824,192 shares of the company’s stock, valued at $15,222,826.24. The trade was a 1.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 5,188,358 shares of company stock worth $92,252,475 in the last ninety days. 37.42% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on KVYO. The Goldman Sachs Group set a $26.00 price target on Klaviyo and gave the stock a “buy” rating in a research note on Wednesday, June 24th. Mizuho set a $28.00 price target on shares of Klaviyo in a research report on Thursday, August 6th. Stephens upped their price objective on Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a research note on Thursday, August 6th. Weiss Ratings lowered shares of Klaviyo from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, August 24th. Finally, Barclays lowered their price target on Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Stock Performance

Shares of NYSE KVYO opened at $19.39 on Thursday. Klaviyo, Inc. has a 1 year low of $12.53 and a 1 year high of $36.22. The company has a market capitalization of $5.52 billion, a PE ratio of 969.93 and a beta of 0.57. The company’s fifty day moving average price is $17.67 and its 200 day moving average price is $17.41.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $370.58 million during the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.Klaviyo’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.16 EPS. On average, equities analysts expect that Klaviyo, Inc. will post 0.2 EPS for the current year.

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.