Klaviyo (NYSE:KVYO) Shares Gap Down – What’s Next?

Klaviyo, Inc. (NYSE:KVYO) shares gapped down before the market opened on Tuesday . The stock had previously closed at $17.46, but opened at $16.50. Klaviyo shares last traded at $17.3920, with a volume of 277,192 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on KVYO shares. Wall Street Zen cut shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. Stifel Nicolaus reduced their price target on Klaviyo from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Benchmark decreased their price target on Klaviyo from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. Cantor Fitzgerald cut their price objective on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of Klaviyo in a research note on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.81.

Klaviyo Stock Performance

The stock’s 50-day simple moving average is $15.24 and its two-hundred day simple moving average is $19.23. The stock has a market cap of $5.29 billion, a price-to-earnings ratio of -441.54 and a beta of 0.63.

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

Insiders Place Their Bets

In other Klaviyo news, insider Landon Edmond sold 9,623 shares of Klaviyo stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $20.00, for a total value of $192,460.00. Following the transaction, the insider directly owned 584,124 shares of the company’s stock, valued at $11,682,480. The trade was a 1.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $133,196.18. Following the transaction, the director owned 10,939 shares of the company’s stock, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 659,486 shares of company stock worth $9,713,565. Corporate insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd raised its position in shares of Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Klaviyo during the third quarter valued at about $34,000. Optiver Holding B.V. bought a new position in Klaviyo during the first quarter valued at about $39,000. Quarry LP acquired a new position in Klaviyo in the 3rd quarter valued at approximately $44,000. Finally, Osaic Holdings Inc. raised its holdings in Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after acquiring an additional 1,284 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

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.