Klaviyo (NYSE:KVYO) Trading Up 7.6% – Should You Buy?

Klaviyo, Inc. (NYSE:KVYO)’s share price shot up 7.6% during trading on Wednesday . The company traded as high as $16.09 and last traded at $16.2430. Approximately 531,626 shares were traded during mid-day trading, a decline of 90% from the average session volume of 5,454,982 shares. The stock had previously closed at $15.10.

Analyst Ratings Changes

Several analysts recently commented on the stock. The Goldman Sachs Group set a $26.00 price target on shares of Klaviyo and gave the company a “buy” rating in a research report on Wednesday, June 24th. Barclays reduced their target price on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. KeyCorp dropped their price target on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Cantor Fitzgerald reduced their price objective on Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Finally, Morgan Stanley set a $34.00 price objective on Klaviyo in a research report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Klaviyo Price Performance

The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of -405.92 and a beta of 0.62. The business’s 50 day moving average price is $15.84 and its 200-day moving average price is $20.32.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The firm had revenue of $358.01 million during the quarter, compared to the consensus estimate of $348.57 million. During the same quarter last year, the firm earned $0.14 earnings per share. The firm’s revenue was up 27.9% compared to the same quarter last year. As a group, analysts expect that Klaviyo, Inc. will post 0.25 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Klaviyo news, 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 completion of the transaction, the director owned 10,939 shares in the company, valued at approximately $156,099.53. This represents a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,073,486 shares of company stock valued at $17,137,125 over the last 90 days. 37.42% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Klaviyo

A number of large investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its stake in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after purchasing an additional 908 shares during the period. FNY Investment Advisers LLC purchased a new stake in Klaviyo during the third quarter worth about $34,000. Quarry LP acquired a new position in Klaviyo during the third quarter worth about $44,000. Osaic Holdings Inc. increased its holdings in Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after buying an additional 1,284 shares in the last quarter. Finally, Optiver Holding B.V. purchased a new position in Klaviyo in the first quarter valued at about $39,000. Hedge funds and other institutional investors own 45.43% 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.