Klaviyo (NYSE:KVYO) Shares Up 8.1% – Still a Buy?

Klaviyo, Inc. (NYSE:KVYO)’s share price shot up 8.1% on Friday . The company traded as high as $21.70 and last traded at $21.7240. 1,329,634 shares were traded during mid-day trading, a decline of 69% from the average session volume of 4,358,054 shares. The stock had previously closed at $20.09.

Analyst Ratings Changes

A number of brokerages recently weighed in on KVYO. William Blair reiterated an “outperform” rating on shares of Klaviyo in a report on Monday, March 2nd. Cantor Fitzgerald reduced their target price on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Zacks Research cut Klaviyo from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Stephens reduced their target price on Klaviyo from $43.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Finally, Wall Street Zen upgraded Klaviyo from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Eighteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $33.19.

Klaviyo Price Performance

The firm has a 50-day simple moving average of $18.85 and a 200 day simple moving average of $23.93. The company has a market capitalization of $6.74 billion, a PE ratio of -184.39 and a beta of 0.79.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The company had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. During the same period last year, the company posted $0.07 earnings per share. The firm’s revenue was up 29.6% compared to the same quarter last year. Equities research analysts expect that Klaviyo, Inc. will post 0.22 EPS for the current fiscal year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $18.54, for a total value of $259,560.00. Following the transaction, the chief financial officer directly owned 895,141 shares of the company’s stock, valued at $16,595,914.14. This trade represents a 1.54% decrease in their ownership of the stock. 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. Also, insider Landon Edmond sold 15,093 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of $20.16, for a total value of $304,274.88. Following the completion of the transaction, the insider directly owned 326,728 shares in the company, valued at $6,586,836.48. This trade represents a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,473,909 shares of company stock valued at $27,200,157 over the last three months. 49.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board purchased a new stake in shares of Klaviyo during the third quarter worth about $2,403,000. JPMorgan Chase & Co. increased its position 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 worth $52,828,000 after acquiring an additional 214,977 shares during the last quarter. Barton Investment Management purchased a new stake in shares of Klaviyo during the third quarter worth about $10,937,000. Vanguard Group Inc. increased its position in shares of Klaviyo by 19.2% during the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after acquiring an additional 2,059,550 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Klaviyo during the third quarter worth about $1,752,000. 45.43% of the stock is owned by hedge funds and other institutional investors.

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.