Andrew Bialecki Sells 200,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $16.76, for a total value of $3,352,000.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The stock was sold at an average price of $25.33, for a total value of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The shares were sold at an average price of $24.16, for a total value of $4,057,092.16.
• On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The shares were sold at an average price of $27.41, for a total value of $3,855,106.86.
• On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The stock was sold at an average price of $30.01, for a total value of $499,636.49.
• On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The shares were sold at an average price of $28.91, for a total transaction of $3,975,240.64.
• On Monday, December 22nd, Andrew Bialecki sold 100,000 shares of Klaviyo stock. The stock was sold at an average price of $32.97, for a total transaction of $3,297,000.00.
• On Wednesday, December 17th, Andrew Bialecki sold 100,000 shares of Klaviyo stock. The shares were sold at an average price of $30.40, for a total transaction of $3,040,000.00.
• On Tuesday, December 16th, Andrew Bialecki sold 138,648 shares of Klaviyo stock. The shares were sold at an average price of $29.04, for a total transaction of $4,026,337.92.
• On Thursday, December 11th, Andrew Bialecki sold 17,777 shares of Klaviyo stock. The stock was sold at an average price of $30.00, for a total transaction of $533,310.00.
• On Wednesday, December 10th, Andrew Bialecki sold 82,223 shares of Klaviyo stock. The shares were sold at an average price of $30.12, for a total transaction of $2,476,556.76.

Klaviyo Stock Down 6.0%

Shares of Klaviyo stock opened at $17.37 on Friday. Klaviyo, Inc. has a 12 month low of $15.53 and a 12 month high of $40.60. The stock has a market cap of $5.30 billion, a PE ratio of -144.77 and a beta of 1.13. The business has a fifty day simple moving average of $24.41 and a 200-day simple moving average of $27.57.

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

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Klaviyo in the 2nd quarter valued at $31,000. Caitong International Asset Management Co. Ltd boosted 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 valued at $27,000 after acquiring an additional 908 shares during the period. First Horizon Advisors Inc. acquired a new stake in shares of Klaviyo in the second quarter valued at about $37,000. FNY Investment Advisers LLC acquired a new stake in shares of Klaviyo in the third quarter valued at about $34,000. Finally, Quarry LP bought a new position in shares of Klaviyo in the third quarter worth about $44,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

Wall Street Analysts Forecast Growth

KVYO has been the subject of a number of research analyst reports. Piper Sandler reiterated an “overweight” rating and issued a $30.00 target price on shares of Klaviyo in a research report on Wednesday, February 11th. Macquarie Infrastructure dropped their price target on shares of Klaviyo from $37.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. TD Cowen reissued a “buy” rating on shares of Klaviyo in a research report on Wednesday, February 11th. Zacks Research downgraded Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, Cantor Fitzgerald dropped their target price on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 11th. Nineteen investment 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’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.24.

Klaviyo Company 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.