Legato Capital Management LLC Grows Stake in Klaviyo, Inc. $KVYO

Legato Capital Management LLC lifted its position in Klaviyo, Inc. (NYSE:KVYO) by 403.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,865 shares of the company’s stock after buying an additional 52,781 shares during the period. Legato Capital Management LLC’s holdings in Klaviyo were worth $2,139,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of KVYO. Vanguard Group Inc. boosted its stake in shares of Klaviyo by 19.2% in the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after buying an additional 2,059,550 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its stake in shares of Klaviyo by 1,878.0% in the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 913,261 shares of the company’s stock worth $25,288,000 after buying an additional 867,091 shares during the last quarter. Two Sigma Investments LP boosted its stake in shares of Klaviyo by 49.6% in the 3rd quarter. Two Sigma Investments LP now owns 1,692,181 shares of the company’s stock worth $46,856,000 after buying an additional 561,315 shares during the last quarter. 12 West Capital Management LP boosted its stake in shares of Klaviyo by 40.0% in the 3rd quarter. 12 West Capital Management LP now owns 1,838,000 shares of the company’s stock worth $50,894,000 after buying an additional 525,000 shares during the last quarter. Finally, Quantinno Capital Management LP purchased a new position in shares of Klaviyo in the 2nd quarter worth $16,829,000. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

Klaviyo Stock Performance

Shares of Klaviyo stock opened at $14.83 on Friday. The stock’s fifty day moving average is $17.95 and its 200 day moving average is $22.97. The stock has a market cap of $4.44 billion, a P/E ratio of -370.53 and a beta of 0.79. Klaviyo, Inc. has a one year low of $13.53 and a one year high of $36.76.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The business’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period last year, the firm earned $0.14 earnings per share. Analysts predict that Klaviyo, Inc. will post 0.25 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on KVYO. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Klaviyo in a report on Wednesday. TD Cowen reaffirmed a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Wells Fargo & Company decreased their target price on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. The Goldman Sachs Group decreased their target price on Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, BTIG Research decreased their target price on Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $31.40.

Insiders Place Their Bets

In other Klaviyo news, Director Ledger Susan St. sold 9,334 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the sale, the director directly owned 10,939 shares of the company’s stock, valued at $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the firm’s 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 directly owned 895,141 shares in the company, valued at approximately $12,764,710.66. This represents a 1.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders sold 1,897,243 shares of company stock valued at $33,430,993 in the last ninety days. Insiders own 37.42% of the company’s stock.

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.