Alliancebernstein L.P. Has $133.10 Million Stake in Klaviyo, Inc. $KVYO

Alliancebernstein L.P. increased its stake in shares of Klaviyo, Inc. (NYSE:KVYO) by 8.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,806,677 shares of the company’s stock after acquiring an additional 382,428 shares during the quarter. Alliancebernstein L.P. owned approximately 1.59% of Klaviyo worth $133,097,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of KVYO. Osaic Holdings Inc. grew its stake in shares of Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after buying an additional 1,284 shares during the period. RiverPark Advisors LLC acquired a new position in Klaviyo during the 3rd quarter worth approximately $69,000. Elevation Point Wealth Partners LLC bought a new position in Klaviyo in the second quarter worth approximately $89,000. Lazard Asset Management LLC bought a new position in Klaviyo in the second quarter worth approximately $124,000. Finally, SBI Securities Co. Ltd. grew its stake in Klaviyo by 466.5% in the third quarter. SBI Securities Co. Ltd. now owns 4,906 shares of the company’s stock valued at $136,000 after acquiring an additional 4,040 shares during the period. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Klaviyo news, insider Landon Edmond sold 14,366 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $20.15, for a total transaction of $289,474.90. Following the sale, the insider owned 312,362 shares of the company’s stock, valued at $6,294,094.30. The trade was a 4.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew Bialecki sold 206,827 shares of the business’s stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,637,970 shares of company stock valued at $39,805,250 over the last quarter. Company insiders own 53.24% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on KVYO. Truist Financial decreased their price objective on Klaviyo from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Barclays decreased their price target on shares of Klaviyo from $42.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Wells Fargo & Company lowered their price objective on shares of Klaviyo from $40.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, TD Cowen reiterated a “buy” rating on shares of Klaviyo in a 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 stock. Based on data from MarketBeat, Klaviyo has a consensus rating of “Moderate Buy” and a consensus price target of $34.24.

Klaviyo Trading Up 0.5%

Shares of NYSE KVYO opened at $19.22 on Tuesday. The stock has a fifty day simple moving average of $21.71 and a two-hundred day simple moving average of $26.59. Klaviyo, Inc. has a 1-year low of $15.53 and a 1-year high of $37.79. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of -160.17 and a beta of 1.29.

Klaviyo (NYSE:KVYO) last issued its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. During the same period in the previous year, the company posted $0.07 earnings per share. The business’s revenue was up 29.6% on a year-over-year basis. Analysts forecast that Klaviyo, Inc. will post 0.04 EPS for the current year.

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.