Algert Global LLC Has $8.02 Million Stake in Klaviyo, Inc. $KVYO

Algert Global LLC boosted its stake in shares of Klaviyo, Inc. (NYSE:KVYO) by 175.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 289,547 shares of the company’s stock after buying an additional 184,397 shares during the quarter. Algert Global LLC owned approximately 0.10% of Klaviyo worth $8,018,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Public Sector Pension Investment Board acquired a new position in shares of Klaviyo in the third quarter worth approximately $2,403,000. Barton Investment Management acquired a new stake in Klaviyo during the 3rd quarter valued at approximately $10,937,000. JPMorgan Chase & Co. raised its holdings in Klaviyo by 12.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock worth $52,828,000 after purchasing an additional 214,977 shares during the last quarter. Vanguard Group Inc. raised its holdings in Klaviyo by 19.2% during the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after purchasing an additional 2,059,550 shares during the last quarter. Finally, Sands Capital Management LLC lifted its position in shares of Klaviyo by 14.0% in the 2nd quarter. Sands Capital Management LLC now owns 1,109,069 shares of the company’s stock worth $37,243,000 after purchasing an additional 136,320 shares during the period. Institutional investors own 45.43% of the company’s stock.

Klaviyo Stock Up 0.5%

Klaviyo stock opened at $19.22 on Tuesday. The company has a market capitalization of $5.86 billion, a PE ratio of -160.17 and a beta of 1.29. Klaviyo, Inc. has a 12-month low of $15.53 and a 12-month high of $37.79. The firm’s fifty day moving average is $21.71 and its 200 day moving average is $26.59.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $333.99 million. During the same period last year, the company posted $0.07 earnings per share. The business’s quarterly revenue was up 29.6% on a year-over-year basis. Sell-side analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Insider Transactions at Klaviyo

In other news, Director Ed Hallen sold 117,550 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the sale, the director directly owned 133,624 shares in the company, valued at $4,056,824.64. This trade represents a 46.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,637,970 shares of company stock worth $39,805,250 in the last three months. Insiders own 53.24% of the company’s stock.

Wall Street Analysts Forecast Growth

KVYO has been the topic of a number of analyst reports. Zacks Research lowered shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Wall Street Zen lowered shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday. TD Cowen reaffirmed a “buy” rating on shares of Klaviyo in a research report on Wednesday, February 11th. Benchmark decreased their price target on Klaviyo from $46.00 to $30.00 and set a “buy” rating for the company in a report on Monday, February 9th. Finally, BTIG Research lowered their price objective on Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Nineteen investment 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.24.

Klaviyo 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.