Key Points
- Klaviyo CEO Andrew Bialecki sold 200,000 shares on May 19 at an average price of $14.88, totaling about $2.98 million. The trade was made under a pre-arranged Rule 10b5-1 plan, and his stake fell by 50% to 200,000 shares.
- Bialecki has been a frequent seller, with multiple 200,000-share sales in recent months and one larger sale of 206,827 shares in March. The recent transactions show a consistent pattern of insider selling.
- Klaviyo recently beat quarterly expectations, reporting EPS of $0.22 versus $0.19 expected and revenue of $358.01 million, up 27.9% year over year. Despite the results, the stock was trading near its 52-week low at $15.05, while analysts maintained a Moderate Buy consensus.
Klaviyo, Inc. (NYSE:KVYO - Get Free Report) Director Ledger Susan St. sold 9,334 shares of the stock in a transaction on Monday, May 18th. The stock was sold at an average price of $14.27, for a total value of $133,196.18. Following the sale, the director directly owned 10,939 shares in the company, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Klaviyo Stock Performance
KVYO opened at $15.05 on Thursday. The firm has a market cap of $4.51 billion, a P/E ratio of -376.26 and a beta of 0.79. Klaviyo, Inc. has a 52-week low of $13.53 and a 52-week high of $36.76. The business's fifty day moving average is $18.15 and its 200-day moving average is $23.11.
Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.Klaviyo's quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. On average, research analysts predict that Klaviyo, Inc. will post 0.25 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on KVYO. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a report on Wednesday, April 29th. Cantor Fitzgerald cut their price target on shares of Klaviyo from $35.00 to $28.00 and set an "overweight" rating for the company in a report on Wednesday, April 15th. Stifel Nicolaus cut their price target on shares of Klaviyo from $35.00 to $28.00 and set a "buy" rating for the company in a report on Wednesday, May 6th. Needham & Company LLC lowered their price target on Klaviyo from $45.00 to $30.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Finally, BTIG Research lowered their price target on Klaviyo from $40.00 to $30.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $31.40.
View Our Latest Stock Analysis on KVYO
Institutional Investors Weigh In On Klaviyo
Several hedge funds have recently modified their holdings of KVYO. Royal Bank of Canada boosted its holdings in shares of Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company's stock valued at $303,000 after acquiring an additional 3,730 shares in the last quarter. Amundi boosted its holdings in shares of Klaviyo by 109.7% during the 1st quarter. Amundi now owns 14,361 shares of the company's stock valued at $400,000 after acquiring an additional 7,514 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Klaviyo during the 1st quarter valued at $359,000. Woodline Partners LP raised its holdings in Klaviyo by 54.5% in the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company's stock valued at $376,000 after buying an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Klaviyo by 40.9% in the 1st 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 buying an additional 42,980 shares during the last quarter. Institutional investors and hedge funds 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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