Klaviyo (NYSE:KVYO) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Klaviyo (NYSE:KVYO) from a buy rating to a hold rating in a research report report published on Saturday.

A number of other research firms have also recently commented on KVYO. Stifel Nicolaus reduced their target price on Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Jefferies Financial Group dropped their price target on Klaviyo from $35.00 to $29.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Stephens cut their price objective on Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Benchmark reduced their price objective on Klaviyo from $46.00 to $30.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. Finally, TD Cowen reissued a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and a consensus price target of $34.24.

Klaviyo Price Performance

Shares of Klaviyo stock opened at $19.22 on Friday. Klaviyo has a 1 year low of $15.53 and a 1 year high of $37.79. The firm has a market cap of $5.86 billion, a PE ratio of -160.17 and a beta of 1.29. The company has a 50 day simple moving average of $21.71 and a two-hundred day simple moving average of $26.59.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The business’s revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 EPS. As a group, research analysts anticipate that Klaviyo will post 0.04 earnings per share for the current year.

Insiders Place Their Bets

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $19.58, for a total transaction of $274,120.00. Following the completion of the sale, the chief financial officer directly owned 412,425 shares in the company, valued at $8,075,281.50. This represents a 3.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Andrew Bialecki sold 206,827 shares of the firm’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92. The disclosure for this sale is available in the SEC filing. Insiders sold 1,637,970 shares of company stock valued at $39,805,250 over the last three months. Insiders own 53.24% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Several institutional investors and hedge funds have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd increased its stake in Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after purchasing an additional 908 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Klaviyo during the third quarter valued at approximately $34,000. Quarry LP purchased a new stake in shares of Klaviyo during the third quarter valued at approximately $44,000. Osaic Holdings Inc. grew its holdings in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC purchased a new position in shares of Klaviyo in the third quarter worth $69,000. 45.43% of the stock is currently owned by institutional investors.

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.