Klaviyo (NYSE:KVYO) Trading Up 7.6% – Still a Buy?

Klaviyo, Inc. (NYSE:KVYO)’s stock price traded up 7.6% during trading on Wednesday . The company traded as high as $16.09 and last traded at $16.2430. Approximately 531,626 shares changed hands during trading, a decline of 90% from the average session volume of 5,454,982 shares. The stock had previously closed at $15.10.

Analysts Set New Price Targets

KVYO has been the subject of a number of recent research reports. Wall Street Zen downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, June 20th. KeyCorp lowered their target price on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Scotiabank set a $32.00 price target on shares of Klaviyo in a research report on Wednesday, June 17th. Barclays cut their price target on Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, The Goldman Sachs Group set a $26.00 price target on Klaviyo and gave the stock a “buy” rating in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Klaviyo Price Performance

The firm has a market cap of $5.05 billion, a P/E ratio of -421.92 and a beta of 0.63. The company’s 50-day moving average is $15.70 and its two-hundred day moving average is $20.13.

Klaviyo (NYSE:KVYO) last released its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. The firm had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. During the same period last year, the firm earned $0.14 EPS. On average, analysts expect that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Insider Activity

In related news, Director Ledger Susan St. sold 9,334 shares of Klaviyo stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $14.27, for a total value of $133,196.18. Following the transaction, the director directly owned 10,939 shares of the company’s stock, valued at $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of the firm’s stock in a transaction on Monday, April 20th. The shares were sold at an average price of $20.00, for a total value of $192,460.00. Following the completion of the sale, the insider directly owned 584,124 shares in the company, valued at approximately $11,682,480. This represents a 1.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,073,486 shares of company stock valued at $17,137,125. 37.42% of the stock is owned by insiders.

Institutional Trading of Klaviyo

Large investors have recently bought and sold shares of the business. Royal Bank of Canada increased its position in Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after purchasing an additional 3,730 shares in the last quarter. Amundi increased its holdings in Klaviyo by 109.7% in the 1st 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 bought a new position in Klaviyo in the first quarter valued at about $359,000. Woodline Partners LP raised its position 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 purchasing an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of 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 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.