Andrew Bialecki Sells 137,224 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 137,224 shares of the business’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $28.86, for a total transaction of $3,960,284.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, September 23rd, Andrew Bialecki sold 211,358 shares of Klaviyo stock. The shares were sold at an average price of $35.45, for a total transaction of $7,492,641.10.
• On Tuesday, September 16th, Andrew Bialecki sold 226,382 shares of Klaviyo stock. The shares were sold at an average price of $32.35, for a total transaction of $7,323,457.70.
• On Tuesday, September 9th, Andrew Bialecki sold 220,481 shares of Klaviyo stock. The shares were sold at an average price of $31.96, for a total transaction of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The shares were sold at an average price of $31.00, for a total transaction of $6,922,424.00.
• On Tuesday, August 26th, Andrew Bialecki sold 226,702 shares of Klaviyo stock. The shares were sold at an average price of $31.50, for a total transaction of $7,141,113.00.

Klaviyo Price Performance

KVYO opened at $25.84 on Friday. The firm has a fifty day moving average price of $31.77 and a 200 day moving average price of $31.84. Klaviyo, Inc. has a 1 year low of $23.77 and a 1 year high of $49.55. The stock has a market cap of $7.75 billion, a P/E ratio of -103.35 and a beta of 1.26.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $293.12 million during the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The firm’s revenue was up 31.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current year.

Institutional Investors Weigh In On Klaviyo

Large investors have recently modified their holdings of the business. Vanguard Group Inc. grew its holdings in shares of Klaviyo by 9.7% during the first quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company’s stock worth $256,240,000 after buying an additional 746,078 shares in the last quarter. Encompass More Asset Management purchased a new stake in shares of Klaviyo in the first quarter valued at about $549,000. Raymond James Financial Inc. grew its holdings in shares of Klaviyo by 85.4% in the first quarter. Raymond James Financial Inc. now owns 545,159 shares of the company’s stock valued at $16,497,000 after purchasing an additional 251,104 shares during the period. WCM Investment Management LLC grew its holdings in shares of Klaviyo by 27.7% in the first quarter. WCM Investment Management LLC now owns 390,119 shares of the company’s stock valued at $12,101,000 after purchasing an additional 84,715 shares during the period. Finally, Jump Financial LLC purchased a new stake in shares of Klaviyo in the first quarter valued at about $3,249,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

KVYO has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Sunday, August 17th. Piper Sandler reissued an “overweight” rating and issued a $50.00 price target (down previously from $55.00) on shares of Klaviyo in a report on Friday, September 26th. Wells Fargo & Company initiated coverage on shares of Klaviyo in a report on Tuesday. They issued an “overweight” rating and a $40.00 price target for the company. Benchmark boosted their price target on shares of Klaviyo from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, Morgan Stanley raised shares of Klaviyo from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $40.00 to $50.00 in a report on Friday, September 19th. Nineteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $44.30.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.