Landon Edmond Sells 14,190 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 14,190 shares of the company’s stock in a transaction that occurred on Thursday, December 18th. The shares were sold at an average price of $31.38, for a total value of $445,282.20. Following the sale, the insider directly owned 353,882 shares of the company’s stock, valued at approximately $11,104,817.16. This represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Klaviyo Trading Up 1.2%

Shares of KVYO stock opened at $31.90 on Friday. The company has a market capitalization of $9.63 billion, a P/E ratio of -132.91 and a beta of 1.18. The business’s 50 day moving average is $27.72 and its two-hundred day moving average is $30.52. Klaviyo, Inc. has a twelve month low of $23.44 and a twelve month high of $49.55.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Thursday, September 25th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $293.12 million during the quarter. Klaviyo had a negative return on equity of 1.00% and a negative net margin of 5.70%. As a group, equities analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts have recently commented on KVYO shares. Truist Financial set a $45.00 price target on Klaviyo in a report on Tuesday, November 25th. The Goldman Sachs Group decreased their target price on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Macquarie cut their price target on shares of Klaviyo from $37.00 to $30.00 and set a “neutral” rating for the company in a report on Tuesday, November 11th. Weiss Ratings assumed coverage on shares of Klaviyo in a report on Saturday, November 1st. They set a “sell (d-)” rating on the stock. Finally, BTIG Research assumed coverage on shares of Klaviyo in a research report on Monday, December 15th. They set a “buy” rating and a $40.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $42.77.

Hedge Funds Weigh In On Klaviyo

Hedge funds have recently added to or reduced their stakes in the business. Assetmark Inc. raised its position in shares of Klaviyo by 316.6% during the 2nd quarter. Assetmark Inc. now owns 62,577 shares of the company’s stock worth $2,101,000 after purchasing an additional 47,555 shares during the last quarter. Raymond James Financial Inc. increased its position in Klaviyo by 85.4% during the first quarter. Raymond James Financial Inc. now owns 545,159 shares of the company’s stock worth $16,497,000 after buying an additional 251,104 shares in the last quarter. JPMorgan Chase & Co. increased its position in Klaviyo by 105.1% during the second quarter. JPMorgan Chase & Co. now owns 1,692,854 shares of the company’s stock worth $56,846,000 after buying an additional 867,666 shares in the last quarter. Jump Financial LLC acquired a new position in shares of Klaviyo in the first quarter worth $3,249,000. Finally, WCM Investment Management LLC lifted its position in shares of Klaviyo by 58.7% in the second quarter. WCM Investment Management LLC now owns 619,165 shares of the company’s stock valued at $20,463,000 after acquiring an additional 229,046 shares in the last quarter. 45.43% of the stock is currently owned by hedge funds and other 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.