Klaviyo (NYSE:KVYO) CEO Andrew Bialecki Sells 200,000 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $14.88, for a total transaction of $2,976,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at approximately $2,976,000. The trade was a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total transaction of $2,922,000.00.
• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $17.19, for a total transaction 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 transaction 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 transaction of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was 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 stock was sold at an average price of $19.37, for a total transaction 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 transaction 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 transaction of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $16.76, for a total transaction of $3,352,000.00.

Klaviyo Price Performance

KVYO opened at $15.05 on Thursday. The company has a market capitalization of $4.51 billion, a price-to-earnings ratio of -376.26 and a beta of 0.79. The firm’s fifty day moving average price is $18.15 and its two-hundred day moving average price is $23.11. Klaviyo, Inc. has a 1 year low of $13.53 and a 1 year high of $36.76.

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

Wall Street Analysts Forecast Growth

KVYO has been the topic of a number of research analyst reports. Mizuho set a $37.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Truist Financial lowered their price objective on Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Piper Sandler lowered their price objective on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Morgan Stanley set a $34.00 price target on Klaviyo in a research report on Wednesday, April 29th. Finally, William Blair reiterated an “outperform” rating on shares of Klaviyo in a research report on Monday, March 2nd. Eighteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.40.

Institutional Trading of Klaviyo

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after acquiring an additional 1,573,812 shares in the last quarter. Public Sector Pension Investment Board bought a new position in shares of Klaviyo during the third quarter valued at approximately $2,403,000. JPMorgan Chase & Co. raised its holdings in shares of Klaviyo by 12.7% during the third quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock valued at $52,828,000 after acquiring an additional 214,977 shares in the last quarter. Barton Investment Management raised its holdings in shares of Klaviyo by 69.6% during the fourth quarter. Barton Investment Management now owns 670,042 shares of the company’s stock valued at $21,756,000 after acquiring an additional 275,053 shares in the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Klaviyo by 17.3% during the third quarter. Victory Capital Management Inc. now owns 433,950 shares of the company’s stock valued at $12,016,000 after acquiring an additional 64,093 shares in the last quarter. Hedge funds and other 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.