Klaviyo (NYSE:KVYO) Trading Down 5.2% Following Insider Selling

Klaviyo, Inc. (NYSE:KVYO)’s share price fell 5.2% on Friday after an insider sold shares in the company. The stock traded as low as $16.81 and last traded at $16.8730. 875,244 shares were traded during trading, a decline of 80% from the average session volume of 4,284,277 shares. The stock had previously closed at $17.79.

Specifically, CEO Andrew Bialecki sold 200,000 shares of the company’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $18.63, for a total value of $3,726,000.00. Following the sale, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at approximately $3,726,000. This represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Ratings Changes

A number of research firms have recently commented on KVYO. Mizuho set a $37.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Jefferies Financial Group reduced their price objective on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $38.00 price objective on shares of Klaviyo in a research note on Wednesday, February 11th. Truist Financial reduced their price objective on shares of Klaviyo from $45.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Finally, BTIG Research dropped their target price on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Nineteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.24.

Klaviyo Price Performance

The company’s fifty day simple moving average is $18.92 and its two-hundred day simple moving average is $24.84. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of -136.77 and a beta of 0.86.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data 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 negative net margin of 2.57% and a positive return on equity of 2.03%. The firm had revenue of $350.20 million for the quarter, compared to the consensus estimate of $333.99 million. During the same quarter in the prior year, the company posted $0.07 earnings per share. The business’s revenue was up 29.6% on a year-over-year basis. On average, analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd raised its holdings in Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after buying an additional 908 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in Klaviyo during the third quarter worth $34,000. Quarry LP acquired a new position in Klaviyo during the third quarter worth $44,000. Osaic Holdings Inc. raised its holdings in Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after buying an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC acquired a new position in Klaviyo during the third quarter worth $69,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

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.