Klaviyo (NYSE:KVYO) Insider Landon Edmond Sells 14,366 Shares of Stock

Klaviyo, Inc. (NYSE:KVYOGet Free Report) insider Landon Edmond sold 14,366 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $20.15, for a total transaction of $289,474.90. Following the sale, the insider directly owned 312,362 shares of the company’s stock, valued at approximately $6,294,094.30. The trade was a 4.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Landon Edmond also recently made the following trade(s):

  • On Thursday, March 5th, Landon Edmond sold 15,093 shares of Klaviyo stock. The stock was sold at an average price of $20.16, for a total value of $304,274.88.
  • On Thursday, January 15th, Landon Edmond sold 10,000 shares of Klaviyo stock. The shares were sold at an average price of $25.83, for a total value of $258,300.00.
  • On Thursday, December 18th, Landon Edmond sold 14,190 shares of Klaviyo stock. The shares were sold at an average price of $31.38, for a total value of $445,282.20.

Klaviyo Stock Down 0.8%

Shares of KVYO opened at $19.13 on Friday. The business has a 50-day simple moving average of $21.91 and a two-hundred day simple moving average of $26.75. Klaviyo, Inc. has a 52 week low of $15.53 and a 52 week high of $37.79. The stock has a market cap of $5.83 billion, a price-to-earnings ratio of -159.36 and a beta of 1.28.

Klaviyo (NYSE:KVYOGet Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The business’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.07 EPS. On average, equities analysts anticipate that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on KVYO. Wells Fargo & Company decreased their price objective on shares of Klaviyo from $40.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Wall Street Zen lowered Klaviyo from a “buy” rating to a “hold” rating in a research note on Saturday. William Blair reissued an “outperform” rating on shares of Klaviyo in a report on Monday, March 2nd. Jefferies Financial Group lowered their price objective on Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Finally, Robert W. Baird set a $34.00 target price on Klaviyo in a research report on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Klaviyo currently has an average rating of “Moderate Buy” and a consensus price target of $34.24.

View Our Latest Stock Analysis on KVYO

Hedge Funds Weigh In On Klaviyo

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after buying an additional 3,730 shares in the last quarter. Amundi raised its holdings in shares of Klaviyo by 109.7% during the 1st quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after acquiring an additional 7,514 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Klaviyo during the 1st quarter valued at approximately $359,000. Woodline Partners LP grew its holdings in shares of Klaviyo by 54.5% in the first quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock valued at $376,000 after purchasing an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Klaviyo by 40.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after purchasing an additional 42,980 shares in the last quarter. 45.43% of the stock is owned by institutional investors.

Klaviyo Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Klaviyo (NYSE:KVYO)

Receive News & Ratings for Klaviyo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klaviyo and related companies with MarketBeat.com's FREE daily email newsletter.