Key Points
- Andrew Bialecki sold 200,000 Klaviyo shares on April 14 at an average price of $17.19 under a pre-arranged Rule 10b5-1 plan, cutting his direct stake by 50% and raising about $3.44 million.
- The April 14 sale is part of a steady insider selling program since January, totaling roughly 1.93 million shares for about $37.8 million in proceeds.
- Despite the insider disposals, Klaviyo recently beat EPS estimates ( $0.19 vs. $0.17), posted 29.6% revenue growth, and retains a consensus analyst rating of "Moderate Buy" with an average target of $33.90 while trading near $18.40.
Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $17.19, for a total value of $3,438,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares of the company's stock, valued at approximately $3,438,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andrew Bialecki also recently made the following trade(s):
- On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.63, for a total value of $3,726,000.00.
- On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total value of $3,884,000.00.
- On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.17, for a total value of $3,634,000.00.
- On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00.
- 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 value of $4,128,266.92.
- On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were 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 shares were 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 shares were sold at an average price of $24.16, for a total value of $4,057,092.16.
Klaviyo Stock Up 0.1%
Shares of NYSE:KVYO opened at $18.40 on Friday. The company has a market cap of $5.61 billion, a P/E ratio of -153.29 and a beta of 0.86. Klaviyo, Inc. has a 52 week low of $15.53 and a 52 week high of $37.79. The business has a fifty day simple moving average of $18.70 and a 200-day simple moving average of $24.40.
Klaviyo (NYSE:KVYO - Get Free Report) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.02. The business had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The business's revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 earnings per share. Sell-side analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of equities research analysts have issued reports on the company. Robert W. Baird set a $34.00 price target on Klaviyo in a research report on Wednesday, February 11th. KeyCorp lowered their price target on Klaviyo from $45.00 to $40.00 and set an "overweight" rating for the company in a research report on Wednesday, February 11th. Morgan Stanley reissued an "overweight" rating and set a $38.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Wall Street Zen raised Klaviyo from a "hold" rating to a "buy" rating in a research report on Sunday, March 22nd. Finally, TD Cowen reissued a "buy" rating on shares of Klaviyo in a research report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Klaviyo currently has an average rating of "Moderate Buy" and a consensus target price of $33.90.
Get Our Latest Report on Klaviyo
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of the business. Morgan Stanley boosted its holdings in Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Klaviyo by 12.3% in the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company's stock valued at $466,319,000 after purchasing an additional 1,573,812 shares during the last quarter. Capital International Investors purchased a new position in Klaviyo in the fourth quarter valued at about $415,254,000. Alliancebernstein L.P. boosted its holdings in Klaviyo by 8.6% in the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company's stock valued at $133,097,000 after purchasing an additional 382,428 shares during the last quarter. Finally, Sands Capital Alternatives LLC boosted its holdings 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 purchasing an additional 134,613 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company's stock.
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.
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