Quantbot Technologies LP Lowers Holdings in Klaviyo, Inc. $KVYO

Quantbot Technologies LP reduced its position in Klaviyo, Inc. (NYSE:KVYO) by 20.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 206,170 shares of the company’s stock after selling 52,924 shares during the quarter. Quantbot Technologies LP owned about 0.07% of Klaviyo worth $5,709,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Public Sector Pension Investment Board purchased a new position in Klaviyo during the third quarter worth about $2,403,000. Barton Investment Management acquired a new position in Klaviyo during the 3rd quarter worth approximately $10,937,000. JPMorgan Chase & Co. increased its position in Klaviyo by 12.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock worth $52,828,000 after purchasing an additional 214,977 shares during the period. Assetmark Inc. raised its stake in shares of Klaviyo by 316.6% during the 2nd quarter. Assetmark Inc. now owns 62,577 shares of the company’s stock worth $2,101,000 after buying an additional 47,555 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Klaviyo by 19.2% in the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after buying an additional 2,059,550 shares during the period. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Insider Activity at Klaviyo

In other news, insider Landon Edmond sold 10,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total value of $258,300.00. Following the sale, the insider directly owned 343,882 shares in the company, valued at $8,882,472.06. This represents a 2.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,708,552 shares of company stock valued at $46,307,913. 49.92% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Mizuho set a $37.00 price objective on Klaviyo in a report on Wednesday, February 11th. Zacks Research cut shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Citigroup cut their price target on shares of Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. BTIG Research decreased their price objective on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Cantor Fitzgerald lowered their target price on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Nineteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and a consensus target price of $34.24.

Klaviyo Trading Down 6.0%

Shares of NYSE KVYO opened at $17.37 on Friday. The company’s 50-day moving average price is $24.41 and its 200 day moving average price is $27.55. Klaviyo, Inc. has a 52 week low of $15.53 and a 52 week high of $40.60. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of -144.77 and a beta of 1.13.

Klaviyo (NYSE:KVYO) last announced its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The company had revenue of $350.20 million during the quarter, compared to analysts’ expectations of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The firm’s quarterly revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 earnings per share. As a group, research analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

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.