Bienville Capital Management LLC decreased its holdings in Klaviyo, Inc. (NYSE:KVYO – Free Report) by 23.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 938,354 shares of the company’s stock after selling 289,509 shares during the quarter. Klaviyo accounts for approximately 1.9% of Bienville Capital Management LLC’s holdings, making the stock its 16th largest position. Bienville Capital Management LLC’s holdings in Klaviyo were worth $14,169,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of KVYO. Caitong International Asset Management Co. Ltd grew its position in Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares in the last quarter. Optiver Holding B.V. bought a new stake in shares of Klaviyo during the 1st quarter worth about $39,000. Quarry LP acquired a new stake in shares of Klaviyo in the 3rd quarter worth approximately $44,000. Osaic Holdings Inc. boosted its holdings in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in shares of Klaviyo by 2,085.1% in the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock valued at $74,000 after acquiring an additional 3,628 shares in the last quarter. 45.43% of the stock is owned by institutional investors and hedge funds.
Klaviyo Price Performance
Shares of KVYO stock opened at $16.23 on Thursday. Klaviyo, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $36.22. The stock’s 50-day moving average is $17.99 and its two-hundred day moving average is $17.41. The firm has a market cap of $4.62 billion, a P/E ratio of 812.16 and a beta of 0.57.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on KVYO shares. Canaccord Genuity Group dropped their target price on Klaviyo from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Benchmark lowered Klaviyo from a “buy” rating to a “hold” rating in a research note on Thursday, August 6th. The Goldman Sachs Group set a $26.00 target price on Klaviyo and gave the stock a “buy” rating in a report on Wednesday, June 24th. KeyCorp cut their price objective on Klaviyo from $35.00 to $29.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of Klaviyo from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $27.14.
Get Our Latest Report on Klaviyo
Insider Buying and Selling at Klaviyo
In other Klaviyo news, Director Ed Hallen sold 98,782 shares of the stock in a transaction on Monday, August 31st. The shares were sold at an average price of $20.48, for a total transaction of $2,023,055.36. Following the transaction, the director directly owned 94,457 shares of the company’s stock, valued at $1,934,479.36. This represents a 51.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 53,473 shares of the firm’s stock in a transaction dated Friday, August 28th. The shares were sold at an average price of $20.01, for a total value of $1,069,994.73. Following the transaction, the insider owned 485,969 shares in the company, valued at approximately $9,724,239.69. This trade represents a 9.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 5,188,358 shares of company stock worth $92,252,475 over the last quarter. Company insiders own 37.42% 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.
Featured Stories
- Five stocks we like better than Klaviyo
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Want to see what other hedge funds are holding KVYO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Klaviyo, Inc. (NYSE:KVYO – Free Report).
Receive News & Ratings for Klaviyo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klaviyo and related companies with MarketBeat.com's FREE daily email newsletter.
