Klaviyo (NYSE:KVYO) Director Sells $133,196.18 in Stock

Klaviyo, Inc. (NYSE:KVYO) Director Ledger Susan St. sold 9,334 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the sale, the director directly owned 10,939 shares in the company, valued at $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Klaviyo Stock Down 0.6%

Shares of NYSE:KVYO opened at $14.83 on Friday. The firm has a 50-day simple moving average of $17.95 and a 200 day simple moving average of $22.97. Klaviyo, Inc. has a fifty-two week low of $13.53 and a fifty-two week high of $36.76. The company has a market cap of $4.44 billion, a PE ratio of -370.53 and a beta of 0.79.

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

Institutional Investors Weigh In On Klaviyo

Institutional investors have recently added to or reduced their stakes in the company. Morgan Stanley increased its position in shares of Klaviyo by 36.1% during the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the period. Vanguard Group Inc. boosted its position in shares of 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 purchasing an additional 1,573,812 shares in the last quarter. Capital International Investors acquired a new position in shares of Klaviyo in the 4th quarter worth approximately $415,254,000. Alliancebernstein L.P. raised its holdings in shares of Klaviyo by 8.6% in the 3rd quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after purchasing an additional 382,428 shares in the last quarter. Finally, Sands Capital Alternatives LLC raised its holdings in shares of Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock worth $118,505,000 after purchasing an additional 134,613 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

KVYO has been the topic of a number of analyst reports. Wells Fargo & Company dropped their price objective on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Truist Financial dropped their price target on shares of Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Stifel Nicolaus cut their price target on Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. BTIG Research reduced their price objective on Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Needham & Company LLC reduced their price target on Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Eighteen investment 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. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $31.40.

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.