Key Points
- Klaviyo CFO Amanda Whalen sold 14,000 shares on May 14 at an average price of $14.26, worth about $199,640. The sale was made under a pre-arranged 10b5-1 plan to cover tax withholding tied to vesting equity awards.
- Whalen has also sold 14,000 shares each in March and April, indicating a pattern of recent insider selling. After the latest sale, she still owned 895,141 shares.
- Klaviyo recently reported better-than-expected quarterly results, with EPS of $0.22 versus $0.19 expected and revenue up 27.9% year over year. Analysts currently rate the stock a consensus Moderate Buy with an average price target of $31.40.
Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CFO Amanda Whalen sold 14,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $14.26, for a total value of $199,640.00. Following the sale, the chief financial officer owned 895,141 shares of the company's stock, valued at $12,764,710.66. This represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.
Amanda Whalen also recently made the following trade(s):
- On Thursday, April 16th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The shares were sold at an average price of $18.54, for a total value of $259,560.00.
- On Thursday, March 12th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The stock was sold at an average price of $19.58, for a total value of $274,120.00.
Klaviyo Stock Performance
NYSE KVYO opened at $14.57 on Tuesday. Klaviyo, Inc. has a fifty-two week low of $13.53 and a fifty-two week high of $36.76. The stock has a 50 day simple moving average of $18.39 and a two-hundred day simple moving average of $23.25. The stock has a market cap of $4.36 billion, a P/E ratio of -364.08 and a beta of 0.79.
Klaviyo (NYSE:KVYO - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The business had revenue of $358.01 million during the quarter, compared to analysts' expectations of $348.57 million. During the same quarter last year, the business posted $0.14 EPS. The business's revenue was up 27.9% on a year-over-year basis. Sell-side analysts predict that Klaviyo, Inc. will post 0.25 earnings per share for the current year.
Wall Street Analyst Weigh In
KVYO has been the subject of several research analyst reports. TD Cowen reiterated a "buy" rating on shares of Klaviyo in a report on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price objective on Klaviyo in a report on Wednesday, February 11th. Truist Financial dropped their price objective on Klaviyo from $45.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Needham & Company LLC dropped their price objective on Klaviyo from $45.00 to $30.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Finally, Zacks Research cut Klaviyo from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 29th. Eighteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $31.40.
Get Our Latest Report on Klaviyo
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings 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 worth $466,319,000 after purchasing an additional 1,573,812 shares in the last quarter. Public Sector Pension Investment Board bought a new stake in shares of Klaviyo in the 3rd quarter worth $2,403,000. JPMorgan Chase & Co. increased its holdings in shares of Klaviyo by 12.7% in 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 in the last quarter. Barton Investment Management increased its holdings in shares of Klaviyo by 69.6% in the 4th quarter. Barton Investment Management now owns 670,042 shares of the company's stock worth $21,756,000 after purchasing an additional 275,053 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Klaviyo by 17.3% in the 3rd quarter. Victory Capital Management Inc. now owns 433,950 shares of the company's stock worth $12,016,000 after purchasing an additional 64,093 shares in the last quarter. Institutional investors own 45.43% of the company's stock.
About Klaviyo
(
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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