Fox Run Management L.L.C. Raises Stake in Klaviyo, Inc. $KVYO

Fox Run Management L.L.C. raised its stake in shares of Klaviyo, Inc. (NYSE:KVYO) by 140.7% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 61,101 shares of the company’s stock after buying an additional 35,719 shares during the quarter. Fox Run Management L.L.C.’s holdings in Klaviyo were worth $1,692,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Klaviyo in the second quarter valued at approximately $31,000. First Horizon Advisors Inc. bought a new position in Klaviyo in the 2nd quarter valued at $37,000. Osaic Holdings Inc. boosted its holdings in 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 purchasing an additional 1,284 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Klaviyo during the 2nd quarter valued at $89,000. Finally, CWM LLC increased its holdings in shares of Klaviyo by 282.6% in the second quarter. CWM LLC now owns 3,558 shares of the company’s stock worth $119,000 after purchasing an additional 2,628 shares during the period. 45.43% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total value of $361,620.00. Following the completion of the sale, the chief financial officer owned 442,219 shares of the company’s stock, valued at $11,422,516.77. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Andrew Bialecki sold 155,219 shares of the business’s stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $25.33, for a total transaction of $3,931,697.27. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,508,552 shares of company stock worth $42,955,913. 53.24% of the stock is currently owned by company insiders.

Klaviyo Stock Up 4.8%

Shares of Klaviyo stock opened at $16.65 on Wednesday. The company’s fifty day simple moving average is $25.21 and its two-hundred day simple moving average is $27.80. Klaviyo, Inc. has a 12-month low of $15.53 and a 12-month high of $41.86. The firm has a market cap of $5.07 billion, a PE ratio of -138.71 and a beta of 1.14.

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

Wall Street Analyst Weigh In

Several research firms recently commented on KVYO. TD Cowen restated a “buy” rating on shares of Klaviyo in a research report on Wednesday, February 11th. Wall Street Zen raised Klaviyo from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Citigroup lowered their target price on shares of Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a research note on Wednesday, February 11th. Morgan Stanley reiterated an “overweight” rating and set a $38.00 target price on shares of Klaviyo in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group decreased their price target on shares of Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $34.24.

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.