Boothbay Fund Management LLC Takes $2.58 Million Position in Klaviyo, Inc. $KVYO

Boothbay Fund Management LLC acquired a new position in Klaviyo, Inc. (NYSE:KVYO) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 93,055 shares of the company’s stock, valued at approximately $2,577,000.

A number of other hedge funds also recently bought and sold shares of KVYO. Royal Bank of Canada boosted its position in Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after acquiring an additional 3,730 shares in the last quarter. Amundi raised its position in shares of Klaviyo by 109.7% in the 1st quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after acquiring an additional 7,514 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Klaviyo during the 1st quarter worth $359,000. Woodline Partners LP lifted its stake in shares of Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after purchasing an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Klaviyo by 40.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after purchasing an additional 42,980 shares in the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Cantor Fitzgerald cut their target price on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Needham & Company LLC decreased their price target on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Truist Financial lowered their price target on shares of Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Morgan Stanley reiterated an “overweight” rating and set a $38.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, Stifel Nicolaus decreased their target price on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Nineteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo has an average rating of “Moderate Buy” and an average target price of $34.24.

Klaviyo Stock Performance

Shares of KVYO opened at $19.22 on Tuesday. The business’s 50-day moving average is $21.71 and its two-hundred day moving average is $26.59. The company has a market capitalization of $5.86 billion, a P/E ratio of -160.17 and a beta of 1.29. Klaviyo, Inc. has a fifty-two week low of $15.53 and a fifty-two week high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data 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 business had revenue of $350.20 million during the quarter, compared to analysts’ expectations of $333.99 million. During the same quarter in the previous year, the firm posted $0.07 EPS. The company’s revenue for the quarter was up 29.6% on a year-over-year basis. Analysts forecast that Klaviyo, Inc. will post 0.04 EPS for the current year.

Insider Activity at Klaviyo

In other Klaviyo news, Director Ed Hallen sold 117,550 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. The trade was a 46.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Andrew Bialecki sold 206,827 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was 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. Over the last quarter, insiders have sold 1,637,970 shares of company stock valued at $39,805,250. 53.24% of the stock is owned by company insiders.

About Klaviyo

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.