Invesco Ltd. Purchases Shares of 6,728 Klaviyo, Inc. $KVYO

Invesco Ltd. purchased a new stake in Klaviyo, Inc. (NYSE:KVYO) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 6,728 shares of the company’s stock, valued at approximately $204,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. TFC Financial Management Inc. purchased a new stake in Klaviyo in the 1st quarter valued at about $27,000. CWM LLC grew its holdings in Klaviyo by 227.5% in the 1st quarter. CWM LLC now owns 930 shares of the company’s stock valued at $28,000 after buying an additional 646 shares during the period. KBC Group NV purchased a new stake in Klaviyo in the 1st quarter valued at about $77,000. US Bancorp DE grew its holdings in Klaviyo by 40.6% in the 1st quarter. US Bancorp DE now owns 6,792 shares of the company’s stock valued at $206,000 after buying an additional 1,960 shares during the period. Finally, Alpha Wealth Funds LLC purchased a new stake in Klaviyo in the 4th quarter valued at about $209,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Benchmark boosted their target price on Klaviyo from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a report on Sunday, August 17th. Wells Fargo & Company upgraded Klaviyo from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $32.00 to $40.00 in a report on Friday, June 13th. Stifel Nicolaus decreased their target price on Klaviyo from $45.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, July 15th. Finally, TD Cowen boosted their target price on Klaviyo from $45.00 to $46.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $43.65.

Insider Activity at Klaviyo

In other news, CEO Andrew Bialecki sold 223,304 shares of Klaviyo stock in a transaction that occurred on Tuesday, September 2nd. The stock was sold at an average price of $31.00, for a total transaction of $6,922,424.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Carmel Galvin sold 11,155 shares of the firm’s stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $31.67, for a total value of $353,278.85. Following the transaction, the insider owned 675,833 shares of the company’s stock, valued at $21,403,631.11. This trade represents a 1.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 537,389 shares of company stock worth $16,847,415 in the last three months. Company insiders own 53.24% of the company’s stock.

Klaviyo Trading Up 2.9%

Shares of Klaviyo stock opened at $33.14 on Tuesday. Klaviyo, Inc. has a 1 year low of $23.77 and a 1 year high of $49.55. The stock has a 50-day moving average price of $32.21 and a 200 day moving average price of $32.43. The company has a market cap of $9.94 billion, a P/E ratio of -132.54 and a beta of 1.36.

Klaviyo (NYSE:KVYO) last issued its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.03. The company had revenue of $293.12 million for the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative return on equity of 1.12% and a negative net margin of 6.19%.The business’s revenue was up 31.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Klaviyo Company Profile

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.