Key Points
- Klaviyo CFO Amanda Whalen sold 14,000 shares at an average price of $18.47, generating $258,580. The Rule 10b5-1 transaction covered tax withholding obligations, reducing her holdings by 1.67% to 824,192 shares.
- Klaviyo reported quarterly revenue of $370.58 million, up 26.4% year over year and above analyst expectations, while adjusted earnings of $0.19 per share matched consensus estimates.
- Analysts maintain a largely positive outlook, with a consensus “Moderate Buy” rating and a $27.14 price target. Institutional investors own 45.43% of the company, while the stock recently traded at $17.80.
Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $18.47, for a total value of $258,580.00. Following the completion of the sale, the chief financial officer owned 824,192 shares of the company's stock, valued at $15,222,826.24. This trade represents a 1.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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, June 18th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00.
Klaviyo Stock Performance
KVYO opened at $17.80 on Wednesday. The company's 50 day simple moving average is $16.52 and its 200 day simple moving average is $17.53. Klaviyo, Inc. has a 1 year low of $12.53 and a 1 year high of $36.22. The stock has a market capitalization of $5.07 billion, a PE ratio of 890.30 and a beta of 0.53.
Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.19. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The firm had revenue of $370.58 million during the quarter, compared to the consensus estimate of $362.08 million. During the same period in the previous year, the firm earned $0.16 earnings per share. Klaviyo's revenue was up 26.4% compared to the same quarter last year. As a group, sell-side analysts expect that Klaviyo, Inc. will post 0.2 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Klaviyo
Hedge funds and other institutional investors have recently made changes to their positions in the business. Public Employees Retirement System of Ohio acquired a new stake in shares of Klaviyo in the second quarter valued at about $598,000. Bank of New York Mellon Corp acquired a new position in Klaviyo during the 2nd quarter worth approximately $8,663,000. Handelsbanken Fonder AB lifted its position in Klaviyo by 62.5% during the 2nd quarter. Handelsbanken Fonder AB now owns 43,700 shares of the company's stock worth $660,000 after acquiring an additional 16,800 shares in the last quarter. Optiver Holding B.V. purchased a new position in Klaviyo in the 1st quarter worth approximately $39,000. Finally, Lavelle Capital LP purchased a new position in Klaviyo in the 1st quarter worth approximately $994,000. Institutional investors and hedge funds own 45.43% of the company's stock.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on KVYO shares. Stifel Nicolaus dropped their price objective on Klaviyo from $24.00 to $22.00 and set a "buy" rating for the company in a report on Thursday, August 6th. TD Cowen reduced their target price on Klaviyo from $27.00 to $26.00 and set a "buy" rating on the stock in a report on Thursday, August 6th. Citigroup boosted their price target on Klaviyo from $34.00 to $36.00 and gave the company a "buy" rating in a research report on Friday, August 7th. BTIG Research dropped their price target on Klaviyo from $30.00 to $25.00 and set a "buy" rating for the company in a research note on Thursday, August 6th. Finally, Scotiabank set a $32.00 price objective on Klaviyo in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $27.14.
Check Out Our Latest Stock Analysis on KVYO
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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