Key Points
- Andrew Bialecki sold 200,000 shares of Klaviyo on March 17 at an average price of $19.37 for $3.874 million, part of a series of large insider sales since December that have generated tens of millions in proceeds.
- Analyst sentiment remains cautiously positive: Klaviyo has a MarketBeat consensus rating of "Moderate Buy" with an average price target of $34.24, despite the stock trading near $18.71 and the company showing revenue up 29.6% but a negative net margin.
- Institutional investors are increasing exposure, with firms like Morgan Stanley and Vanguard materially boosting stakes in the fourth quarter and institutions now owning roughly 45% of the company.
Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 200,000 shares of the company's stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $19.37, for a total transaction of $3,874,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Andrew Bialecki also recently made the following trade(s):
- On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92.
- On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total value of $3,728,000.00.
- On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $16.76, for a total value of $3,352,000.00.
- On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The stock was sold at an average price of $25.33, for a total value of $3,931,697.27.
- On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16.
- On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The shares were sold at an average price of $27.41, for a total transaction of $3,855,106.86.
- On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The stock was sold at an average price of $30.01, for a total transaction of $499,636.49.
- On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The stock was sold at an average price of $28.91, for a total transaction of $3,975,240.64.
- On Monday, December 22nd, Andrew Bialecki sold 100,000 shares of Klaviyo stock. The shares were sold at an average price of $32.97, for a total value of $3,297,000.00.
Klaviyo Stock Performance
KVYO opened at $18.71 on Friday. The company has a market cap of $5.70 billion, a PE ratio of -155.90 and a beta of 1.28. The stock has a 50-day moving average of $21.11 and a 200-day moving average of $26.39. Klaviyo, Inc. has a 52-week low of $15.53 and a 52-week high of $37.79.
Klaviyo (NYSE:KVYO - Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. The firm had revenue of $350.20 million during the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The company's revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.07 EPS. On average, research analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $40.00 to $35.00 and set an "overweight" rating for the company in a report on Wednesday, February 11th. Wells Fargo & Company dropped their price target on Klaviyo from $40.00 to $30.00 and set an "overweight" rating on the stock in a research report on Wednesday, February 11th. Mizuho set a $37.00 price target on Klaviyo in a report on Wednesday, February 11th. Stifel Nicolaus lowered their price objective 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, Truist Financial dropped their target price on shares of Klaviyo from $45.00 to $35.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Klaviyo currently has a consensus rating of "Moderate Buy" and an average price target of $34.24.
Get Our Latest Analysis on KVYO
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Morgan Stanley boosted its stake in Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock worth $472,344,000 after buying an additional 3,855,160 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Klaviyo by 12.3% in the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company's stock valued at $466,319,000 after buying an additional 1,573,812 shares in the last quarter. Capital International Investors bought a new position in shares of Klaviyo during the 4th quarter worth about $415,254,000. Alliancebernstein L.P. boosted its position in shares of Klaviyo by 8.6% during the 3rd quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company's stock valued at $133,097,000 after acquiring an additional 382,428 shares in the last quarter. Finally, Sands Capital Alternatives LLC increased its stake in Klaviyo by 3.8% in the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company's stock valued at $118,505,000 after acquiring an additional 134,613 shares during the period. 45.43% of the stock is owned by institutional investors.
Klaviyo Company Profile
(
Get Free Report)
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.
Further Reading
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