Insider Selling: Klaviyo (NYSE:KVYO) Director Sells $3,568,818.00 in Stock

Klaviyo, Inc. (NYSE:KVYO) Director Ed Hallen sold 117,550 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total transaction of $3,568,818.00. Following the completion of the transaction, the director owned 133,624 shares in the company, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Ed Hallen also recently made the following trade(s):

• On Monday, December 15th, Ed Hallen sold 757 shares of Klaviyo stock. The stock was sold at an average price of $30.15, for a total value of $22,823.55.
• On Tuesday, November 11th, Ed Hallen sold 2,811 shares of Klaviyo stock. The stock was sold at an average price of $30.00, for a total value of $84,330.00.
• On Monday, November 10th, Ed Hallen sold 59,492 shares of Klaviyo stock. The stock was sold at an average price of $30.04, for a total transaction of $1,787,139.68.

Klaviyo Stock Performance

Shares of NYSE:KVYO opened at $32.39 on Friday. The stock’s 50-day moving average is $28.40 and its 200-day moving average is $30.51. Klaviyo, Inc. has a 52-week low of $23.44 and a 52-week high of $49.55. The company has a market cap of $9.78 billion, a P/E ratio of -134.95 and a beta of 1.18.

Klaviyo (NYSE:KVYO) last announced its earnings results on Thursday, September 25th. The company reported $0.16 earnings per share (EPS) for the quarter. The business had revenue of $293.12 million for the quarter. Klaviyo had a negative net margin of 5.70% and a negative return on equity of 1.00%. As a group, equities analysts predict that Klaviyo, Inc. will post 0.04 EPS for the current year.

Institutional Trading of Klaviyo

A number of hedge funds have recently added to or reduced their stakes in KVYO. Vanguard Group Inc. increased its position in Klaviyo by 19.2% in the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after acquiring an additional 2,059,550 shares during the period. Alliancebernstein L.P. boosted its holdings 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 worth $133,097,000 after buying an additional 382,428 shares in the last quarter. Sands Capital Alternatives LLC boosted its stake in Klaviyo by 2.1% during the second quarter. Sands Capital Alternatives LLC now owns 3,515,065 shares of the company’s stock worth $118,036,000 after acquiring an additional 71,550 shares in the last quarter. Federated Hermes Inc. increased its position in Klaviyo by 9.0% in the 2nd quarter. Federated Hermes Inc. now owns 2,911,007 shares of the company’s stock valued at $97,752,000 after buying an additional 241,207 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Klaviyo by 123.4% during the second quarter. American Century Companies Inc. now owns 2,685,480 shares of the company’s stock worth $90,178,000 after purchasing an additional 1,483,427 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Benchmark reissued a “buy” rating on shares of Klaviyo in a research note on Tuesday, November 4th. Cantor Fitzgerald cut their target price on shares of Klaviyo from $48.00 to $40.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Truist Financial set a $45.00 price objective on Klaviyo in a report on Tuesday, November 25th. Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, Jefferies Financial Group upgraded shares of Klaviyo to a “strong-buy” rating in a report on Wednesday, October 22nd. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $41.95.

About Klaviyo

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.