Klaviyo (NYSE:KVYO) Insider Sells $165,625.32 in Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 8,103 shares of Klaviyo stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $20.44, for a total value of $165,625.32. Following the transaction, the insider owned 477,866 shares of the company’s stock, valued at $9,767,581.04. This represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Friday, August 28th, Landon Edmond sold 53,473 shares of Klaviyo stock. The shares were sold at an average price of $20.01, for a total value of $1,069,994.73.

Klaviyo Price Performance

Klaviyo stock traded up $0.04 during mid-day trading on Tuesday, hitting $20.62. 10,719,926 shares of the company were exchanged, compared to its average volume of 6,885,645. Klaviyo, Inc. has a 12-month low of $12.53 and a 12-month high of $36.22. The company has a market capitalization of $5.87 billion, a P/E ratio of 1,031.52 and a beta of 0.57. The business’s 50 day simple moving average is $17.57 and its two-hundred day simple moving average is $17.40.

Klaviyo (NYSE:KVYO) last released its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The company had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. During the same period in the prior year, the firm earned $0.16 EPS. The firm’s quarterly revenue was up 26.4% on a year-over-year basis. Equities research analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on KVYO. Piper Sandler cut their target price on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating on the stock in a report on Thursday, August 6th. Wells Fargo & Company set a $29.00 price objective on Klaviyo in a research note on Thursday, August 6th. Weiss Ratings lowered Klaviyo from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, August 24th. Morgan Stanley set a $31.00 price target on shares of Klaviyo in a research report on Thursday, August 6th. Finally, Scotiabank set a $32.00 price objective on shares of Klaviyo in a report on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $27.14.

Institutional Trading of Klaviyo

A number of large investors have recently added to or reduced their stakes in KVYO. Caitong International Asset Management Co. Ltd grew its position in Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after buying an additional 908 shares during the last quarter. Optiver Holding B.V. acquired a new stake in shares of Klaviyo during the 1st quarter valued at $39,000. Quarry LP bought a new stake in shares of Klaviyo during the 3rd quarter worth $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 acquiring an additional 1,284 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Klaviyo by 2,085.1% in the 1st quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after acquiring an additional 3,628 shares during the last quarter. 45.43% of the stock is currently owned by institutional investors.

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.