Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells 200,000 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $14.61, for a total transaction of $2,922,000.00. Following the transaction, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at $2,922,000. This represents a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $17.19, for a total value of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.63, for a total value of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $19.42, for a total value of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.17, for a total transaction of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The stock was sold at an average price of $19.96, for a total value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $16.76, for a total transaction of $3,352,000.00.

Klaviyo Stock Up 0.6%

Shares of NYSE KVYO traded up $0.08 during trading on Thursday, reaching $14.32. 6,112,190 shares of the company traded hands, compared to its average volume of 7,567,209. The firm has a 50 day simple moving average of $18.62 and a 200-day simple moving average of $23.42. Klaviyo, Inc. has a 52-week low of $13.53 and a 52-week high of $36.76. The stock has a market capitalization of $4.29 billion, a PE ratio of -357.91 and a beta of 0.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. As a group, research analysts predict that Klaviyo, Inc. will post 0.25 EPS for the current year.

Hedge Funds Weigh In On Klaviyo

Hedge funds have recently made changes to their positions in the business. Morgan Stanley grew its position in shares of Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after purchasing an additional 3,855,160 shares in the last quarter. Vanguard Group Inc. grew its holdings in Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after buying an additional 1,573,812 shares in the last quarter. Capital International Investors bought a new stake in shares of Klaviyo during the fourth quarter valued at approximately $415,254,000. Alliancebernstein L.P. raised its position in shares of Klaviyo by 8.6% during the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock valued at $133,097,000 after buying an additional 382,428 shares during the last quarter. Finally, Sands Capital Alternatives LLC lifted its holdings in shares of Klaviyo by 3.8% in the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock worth $118,505,000 after buying an additional 134,613 shares in the last quarter. Institutional investors own 45.43% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on KVYO. Morgan Stanley set a $34.00 price objective on Klaviyo in a report on Wednesday, April 29th. Barclays dropped their target price on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Wall Street Zen raised shares of Klaviyo from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Robert W. Baird set a $34.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, TD Cowen reissued a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $31.40.

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.