Amanda Whalen Sells 14,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 14,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $18.47, for a total value of $258,580.00. Following the sale, the chief financial officer owned 824,192 shares in the company, valued at $15,222,826.24. The trade was a 1.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 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 value of $185,220.00.

Klaviyo Stock Performance

Shares of KVYO stock traded up $0.26 during midday trading on Tuesday, reaching $17.80. 5,156,902 shares of the company were exchanged, compared to its average volume of 6,723,008. Klaviyo, Inc. has a 12 month low of $12.53 and a 12 month high of $36.22. The company has a market cap of $5.07 billion, a P/E ratio of 92.45 and a beta of 0.53. The company’s 50 day moving average price is $16.52 and its two-hundred day moving average price is $17.53.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $362.08 million. During the same period in the previous year, the business earned $0.16 earnings per share. Klaviyo’s revenue for the quarter was up 26.4% compared to the same quarter last year. As a group, sell-side analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current year.

Hedge Funds Weigh In On Klaviyo

Hedge funds have recently added to or reduced their stakes in the stock. Capital International Investors acquired a new stake in shares of Klaviyo during the 4th quarter worth approximately $415,254,000. Morgan Stanley lifted its stake in Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after buying an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Klaviyo in the 4th quarter valued at about $92,675,000. JPMorgan Chase & Co. raised its stake in Klaviyo by 86.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock worth $115,747,000 after buying an additional 1,656,912 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Klaviyo by 12.3% during the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after buying an additional 1,573,812 shares during the last quarter. Institutional investors own 45.43% of the company’s stock.

Wall Street Analyst Weigh In

KVYO has been the subject of a number of analyst reports. Benchmark cut shares of Klaviyo from a “buy” rating to a “hold” rating in a research note on Thursday, August 6th. BTIG Research lowered their price objective on Klaviyo from $30.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Barclays lowered their price target on Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. Piper Sandler lowered their price target on Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Finally, Truist Financial reduced their target price on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Company Profile

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.