Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells 200,000 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $19.42, for a total transaction of $3,884,000.00. Following the completion of the transaction, the chief executive officer owned 200,000 shares of the company’s stock, valued at $3,884,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.17, for a total value of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00.
• On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The shares were sold at an average price of $25.33, for a total value of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The stock was sold at an average price of $24.16, for a total transaction of $4,057,092.16.
• On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The stock was sold at an average price of $27.41, for a total transaction of $3,855,106.86.
• On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The shares were sold at an average price of $30.01, for a total transaction of $499,636.49.
• On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The stock was sold at an average price of $28.91, for a total transaction of $3,975,240.64.

Klaviyo Price Performance

Shares of KVYO stock traded down $0.28 during trading hours on Thursday, reaching $19.16. 3,091,422 shares of the company were exchanged, compared to its average volume of 3,556,682. Klaviyo, Inc. has a fifty-two week low of $15.53 and a fifty-two week high of $37.79. The stock’s fifty day moving average is $19.68 and its two-hundred day moving average is $25.49. The company has a market cap of $5.84 billion, a price-to-earnings ratio of -159.65 and a beta of 0.86.

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

Institutional Trading of Klaviyo

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley boosted its stake in Klaviyo by 36.1% during the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after acquiring an additional 3,855,160 shares during the last quarter. Vanguard Group Inc. raised its holdings in Klaviyo by 12.3% in the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after purchasing an additional 1,573,812 shares during the period. Capital International Investors acquired a new stake in Klaviyo in the fourth quarter worth $415,254,000. Alliancebernstein L.P. boosted its position in shares of Klaviyo by 8.6% during the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after purchasing an additional 382,428 shares in the last quarter. Finally, Sands Capital Alternatives LLC boosted its position in shares of Klaviyo by 3.8% during the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock worth $118,505,000 after purchasing an additional 134,613 shares in the last quarter. 45.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

KVYO has been the subject of several research reports. Morgan Stanley reissued an “overweight” rating and issued a $38.00 target price on shares of Klaviyo in a research note on Wednesday, February 11th. Robert W. Baird set a $34.00 price target on Klaviyo in a report on Wednesday, February 11th. Barclays lowered their price objective on Klaviyo from $42.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Stephens dropped their price objective on Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Finally, Jefferies Financial Group reduced their target price on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average 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.