Klaviyo (NYSE:KVYO) Trading Up 8.8% – Should You Buy?

Klaviyo, Inc. (NYSE:KVYO) shares traded up 8.8% during mid-day trading on Thursday . The stock traded as high as $18.21 and last traded at $18.7750. 3,079,196 shares changed hands during trading, a decline of 44% from the average daily volume of 5,526,027 shares. The stock had previously closed at $17.25.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Wells Fargo & Company set a $29.00 price target on Klaviyo in a research note on Thursday, August 6th. BTIG Research reduced their price objective on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Stifel Nicolaus dropped their target price on shares of Klaviyo from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Finally, Benchmark cut shares of Klaviyo from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $27.14.

Klaviyo Stock Performance

The company has a market cap of $5.26 billion, a price-to-earnings ratio of 923.41 and a beta of 0.54. The business has a fifty day moving average price of $16.42 and a 200 day moving average price of $17.69.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The business had revenue of $370.58 million during the quarter, compared to the consensus estimate of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.Klaviyo’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same period in the prior year, the company earned $0.16 EPS. As a group, equities analysts anticipate that Klaviyo, Inc. will post 0.2 EPS for the current year.

Insiders Place Their Bets

In other news, major shareholder Summit Partners L. P sold 5,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $17.71, for a total value of $88,550,000.00. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the sale, the chief executive officer directly owned 212,529 shares in the company, valued at $3,105,048.69. This trade represents a 50.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 5,435,863 shares of company stock worth $94,949,465 in the last ninety days. Insiders own 37.42% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its stake in shares of Klaviyo by 59.4% during the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after buying an additional 3,730 shares during the last quarter. Amundi lifted its stake in shares of Klaviyo by 109.7% in the 1st quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after acquiring an additional 7,514 shares during the last quarter. AQR Capital Management LLC bought a new position in shares of Klaviyo in the 1st quarter valued at $359,000. Woodline Partners LP boosted its holdings in shares of Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock valued at $376,000 after acquiring an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Klaviyo by 40.9% during the 1st 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 acquiring an additional 42,980 shares in the last quarter. Institutional investors own 45.43% of the company’s stock.

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.