Klaviyo (NYSE:KVYO) Insider Landon Edmond Sells 14,366 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 14,366 shares of the stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $20.15, for a total transaction of $289,474.90. Following the transaction, the insider directly owned 312,362 shares of the company’s stock, valued at $6,294,094.30. This trade represents a 4.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Landon Edmond also recently made the following trade(s):

• On Thursday, March 5th, Landon Edmond sold 15,093 shares of Klaviyo stock. The stock was sold at an average price of $20.16, for a total value of $304,274.88.
• On Thursday, January 15th, Landon Edmond sold 10,000 shares of Klaviyo stock. The stock was sold at an average price of $25.83, for a total value of $258,300.00.
• On Thursday, December 18th, Landon Edmond sold 14,190 shares of Klaviyo stock. The shares were sold at an average price of $31.38, for a total value of $445,282.20.

Klaviyo Stock Down 0.8%

NYSE KVYO traded down $0.15 during trading on Friday, hitting $19.13. 2,389,981 shares of the stock traded hands, compared to its average volume of 4,897,058. The company has a market capitalization of $5.83 billion, a P/E ratio of -159.36 and a beta of 1.28. The firm has a 50-day simple moving average of $21.91 and a 200-day simple moving average of $26.75. Klaviyo, Inc. has a 12-month low of $15.53 and a 12-month high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The business had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The company’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. As a group, research analysts predict that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd increased its position in Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after acquiring an additional 908 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Klaviyo in the 3rd quarter worth about $34,000. Quarry LP purchased a new position in shares of Klaviyo during the 3rd quarter worth about $44,000. Osaic Holdings Inc. boosted its stake in shares of Klaviyo by 317.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the period. Finally, RiverPark Advisors LLC bought a new position in Klaviyo during the 3rd quarter valued at about $69,000. 45.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on KVYO. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Wells Fargo & Company reduced their target price on shares of Klaviyo from $40.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Mizuho set a $37.00 target price on shares of Klaviyo in a research report on Wednesday, February 11th. Needham & Company LLC lowered their price target on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $34.00 price target on Klaviyo in a research report on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.24.

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.