Insider Selling: Klaviyo (NYSE:KVYO) Insider Sells 14,366 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 14,366 shares of the company’s stock in a transaction dated 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 directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Landon Edmond also recently made the following trade(s):

• On Thursday, March 5th, Landon Edmond sold 15,093 shares of Klaviyo stock. The stock was sold at an average price of $20.16, for a total transaction of $304,274.88.
• On Thursday, January 15th, Landon Edmond sold 10,000 shares of Klaviyo stock. The shares were sold at an average price of $25.83, for a total transaction of $258,300.00.
• On Thursday, December 18th, Landon Edmond sold 14,190 shares of Klaviyo stock. The shares were sold at an average price of $31.38, for a total transaction of $445,282.20.

Klaviyo Stock Down 0.8%

KVYO traded down $0.15 during trading on Friday, hitting $19.13. The company’s stock had a trading volume of 2,389,981 shares, compared to its average volume of 4,897,058. Klaviyo, Inc. has a one year low of $15.53 and a one year high of $37.79. The firm has a market cap of $5.83 billion, a PE ratio of -159.36 and a beta of 1.28. The business’s 50 day simple moving average is $21.91 and its 200-day simple moving average is $26.75.

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 analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. Equities research analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on KVYO shares. Benchmark reduced their price target on Klaviyo from $46.00 to $30.00 and set a “buy” rating for the company in a research report on Monday, February 9th. Robert W. Baird set a $34.00 price objective on Klaviyo in a research report on Wednesday, February 11th. Stifel Nicolaus cut their price objective on Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Truist Financial reduced their target price on shares of Klaviyo from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, William Blair restated an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Nineteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.24.

Hedge Funds Weigh In On Klaviyo

Large investors have recently made changes to their positions in the business. Public Sector Pension Investment Board bought a new stake in shares of Klaviyo during the third quarter valued at approximately $2,403,000. Barton Investment Management purchased a new position in shares of Klaviyo in the third quarter worth $10,937,000. JPMorgan Chase & Co. boosted its position in shares of Klaviyo by 12.7% during the third quarter. JPMorgan Chase & Co. now owns 1,907,831 shares of the company’s stock worth $52,828,000 after acquiring an additional 214,977 shares during the last quarter. Vanguard Group Inc. grew its stake in Klaviyo by 19.2% during the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock valued at $354,092,000 after acquiring an additional 2,059,550 shares in the last quarter. Finally, Sands Capital Management LLC grew its stake in Klaviyo by 14.0% during the second quarter. Sands Capital Management LLC now owns 1,109,069 shares of the company’s stock valued at $37,243,000 after acquiring an additional 136,320 shares in the last quarter. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

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.