Klaviyo (NYSE:KVYO) Trading Up 6.8% – Time to Buy?

Klaviyo, Inc. (NYSE:KVYO)’s share price was up 6.8% during trading on Thursday . The company traded as high as $20.63 and last traded at $20.6140. Approximately 327,167 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 5,524,964 shares. The stock had previously closed at $19.31.

Analyst Ratings Changes

A number of analysts have recently weighed in on KVYO shares. KeyCorp lowered their price target on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Piper Sandler reduced their price objective on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company set a $29.00 target price on shares of Klaviyo in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Mizuho set a $28.00 price target on shares of Klaviyo in a report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $27.14.

Klaviyo Stock Performance

The business’s 50 day moving average is $17.86 and its 200 day moving average is $17.42. The company has a market capitalization of $5.27 billion, a price-to-earnings ratio of 925.96 and a beta of 0.57.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. The firm had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The business’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.16 earnings per share. Sell-side analysts predict that Klaviyo, Inc. will post 0.2 EPS for the current year.

Insider Transactions at Klaviyo

In related news, insider Landon Edmond sold 53,473 shares of Klaviyo stock in a transaction dated Friday, August 28th. The stock was sold at an average price of $20.01, for a total transaction of $1,069,994.73. Following the completion of the sale, the insider owned 485,969 shares of the company’s stock, valued at $9,724,239.69. The trade was a 9.91% 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, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $18.47, for a total value of $258,580.00. Following the completion of the sale, the chief financial officer owned 824,192 shares in the company, valued at approximately $15,222,826.24. This represents a 1.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold a total of 5,188,358 shares of company stock valued at $92,252,475 over the last three months. Company insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Several large investors have recently made changes to their positions in KVYO. Caitong International Asset Management Co. Ltd increased its stake in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after acquiring an additional 908 shares during the period. Optiver Holding B.V. acquired a new position in Klaviyo during the first quarter valued at $39,000. Quarry LP purchased a new stake in Klaviyo in the third quarter valued at $44,000. Osaic Holdings Inc. grew its position in Klaviyo by 317.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in Klaviyo by 2,085.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after purchasing an additional 3,628 shares during the period. 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.