Klaviyo (NYSE:KVYO) Trading 7.5% Higher – Still a Buy?

Klaviyo, Inc. (NYSE:KVYO)’s share price traded up 7.5% during trading on Thursday . The company traded as high as $21.16 and last traded at $20.99. 1,471,157 shares were traded during trading, a decline of 69% from the average session volume of 4,715,059 shares. The stock had previously closed at $19.53.

More Klaviyo News

Here are the key news stories impacting Klaviyo this week:

• Positive Sentiment: Company announced a $500 million share buyback — a sizeable capital return that signals management confidence and should be supportive to the share price over time. Read More.
• Positive Sentiment: Klaviyo struck a Google AI partnership that could accelerate enterprise adoption and expand product capabilities for larger customers, strengthening long‑term revenue potential. Read More.
• Neutral Sentiment: Management presented at the Morgan Stanley TMT conference; the transcript provided useful detail but contained no obvious market‑moving surprises. Read More.
• Neutral Sentiment: Institutional ownership remains substantial (~45%) with some funds adding exposure in the latest quarter — a stabilizing factor versus retail/short‑term flows. Read More.
• Negative Sentiment: CEO Andrew Bialecki sold 200,000 shares (March 3), a large insider sale that can raise concern about near‑term selling pressure or personal liquidity needs. Read More.
• Negative Sentiment: Other insider selling: Landon Edmond sold ~15,093 shares on March 5 (SEC Form 4), modestly reducing insider holdings and adding to short‑term supply. Read More.
• Negative Sentiment: Several sell‑side firms trimmed price targets in February (consensus remains a moderate buy but targets were lowered), which likely cooled momentum after recent gains. Read More.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Citigroup cut their target price on Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Benchmark dropped their price objective on shares of Klaviyo from $46.00 to $30.00 and set a “buy” rating for the company in a report on Monday, February 9th. Wall Street Zen upgraded shares of Klaviyo from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Stifel Nicolaus reduced their target price on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group decreased their target price on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Klaviyo currently has an average rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Price Performance

The company’s 50 day simple moving average is $23.12 and its 200 day simple moving average is $27.17. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of -174.90 and a beta of 1.28.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share (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 business had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. During the same period last year, the firm earned $0.07 earnings per share. The company’s revenue for the quarter was up 29.6% compared to the same quarter last year. As a group, analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Insider Activity

In other news, Director Ed Hallen sold 117,550 shares of the business’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total transaction of $3,568,818.00. Following the completion of the transaction, the director directly owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. The trade was a 46.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Andrew Bialecki sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.76, for a total transaction of $3,352,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,780,648 shares of company stock valued at $46,246,300 in the last quarter. Company insiders own 49.92% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

A number of large investors have recently modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of Klaviyo by 59.4% in the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after purchasing an additional 3,730 shares in the last quarter. Amundi grew its stake in shares of Klaviyo by 109.7% during the first quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after purchasing an additional 7,514 shares in the last quarter. AQR Capital Management LLC purchased a new position in Klaviyo in the first quarter valued at $359,000. Woodline Partners LP increased its holdings in 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 buying an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Klaviyo by 40.9% in 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 buying an additional 42,980 shares in the last quarter. 45.43% of the stock is owned by hedge funds and other 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.