B. Metzler seel. Sohn & Co. AG Sells 33,605 Shares of Klaviyo, Inc. $KVYO

B. Metzler seel. Sohn & Co. AG lowered its position in Klaviyo, Inc. (NYSE:KVYO) by 37.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,949 shares of the company’s stock after selling 33,605 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Klaviyo were worth $1,522,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Public Sector Pension Investment Board purchased a new stake in Klaviyo in the 3rd quarter valued at about $2,403,000. Barton Investment Management purchased a new position in shares of Klaviyo in the 3rd quarter worth approximately $10,937,000. JPMorgan Chase & Co. boosted its stake in shares of Klaviyo by 12.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock worth $52,828,000 after buying an additional 214,977 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Klaviyo by 19.2% in the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after acquiring an additional 2,059,550 shares in the last quarter. Finally, Sands Capital Management LLC increased its position in shares of Klaviyo by 14.0% during the second quarter. Sands Capital Management LLC now owns 1,109,069 shares of the company’s stock valued at $37,243,000 after acquiring an additional 136,320 shares during the last quarter. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently commented on KVYO. Citigroup dropped their price target on Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Robert W. Baird set a $34.00 price objective on Klaviyo in a research note on Wednesday, February 11th. Needham & Company LLC decreased their target price on Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Mizuho set a $37.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and an average price target of $34.24.

Insider Buying and Selling at Klaviyo

In other news, CEO Andrew Bialecki sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $18.64, for a total value of $3,728,000.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Landon Edmond sold 15,093 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of $20.16, for a total transaction of $304,274.88. Following the sale, the insider owned 326,728 shares in the company, valued at $6,586,836.48. The trade was a 4.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,567,063 shares of company stock valued at $39,905,073 over the last three months. 53.24% of the stock is currently owned by insiders.

Klaviyo Price Performance

Shares of KVYO opened at $19.99 on Wednesday. The firm has a market cap of $6.09 billion, a PE ratio of -166.59 and a beta of 1.28. The stock’s fifty day moving average price is $22.63 and its two-hundred day moving average price is $26.94. Klaviyo, Inc. has a 1 year low of $15.53 and a 1 year high of $37.79.

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

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.