Vanguard Group Inc. Acquires 2,059,550 Shares of Klaviyo, Inc. $KVYO

Vanguard Group Inc. increased its stake in shares of Klaviyo, Inc. (NYSE:KVYO) by 19.2% during the third quarter, HoldingsChannel reports. The fund owned 12,787,728 shares of the company’s stock after acquiring an additional 2,059,550 shares during the quarter. Vanguard Group Inc.’s holdings in Klaviyo were worth $354,092,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Main Management ETF Advisors LLC grew its position in Klaviyo by 1.7% in the 2nd quarter. Main Management ETF Advisors LLC now owns 22,723 shares of the company’s stock worth $763,000 after purchasing an additional 372 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Klaviyo by 5.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,312 shares of the company’s stock valued at $258,000 after buying an additional 469 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Klaviyo in the second quarter valued at about $31,000. First Horizon Advisors Inc. acquired a new stake in Klaviyo during the second quarter worth about $37,000. Finally, Osaic Holdings Inc. increased its stake in Klaviyo by 317.0% during 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 during the period. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on KVYO shares. TD Cowen reiterated a “buy” rating on shares of Klaviyo in a research report on Wednesday, February 11th. KeyCorp reduced their price objective on shares of Klaviyo from $45.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday, February 11th. Jefferies Financial Group lowered their price target on Klaviyo from $35.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Stifel Nicolaus dropped their price objective on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Finally, Zacks Research downgraded shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.24.

Insider Buying and Selling

In related news, Director Ed Hallen sold 117,550 shares of Klaviyo stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total value of $3,568,818.00. Following the sale, the director owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. The trade was a 46.80% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew Bialecki sold 200,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,708,552 shares of company stock valued at $46,307,913. Insiders own 49.92% of the company’s stock.

Klaviyo Price Performance

Shares of KVYO stock opened at $18.44 on Friday. The stock has a 50-day moving average of $24.70 and a 200-day moving average of $27.66. The stock has a market cap of $5.62 billion, a PE ratio of -153.65 and a beta of 1.13. Klaviyo, Inc. has a one year low of $15.53 and a one year high of $41.35.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 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 business had revenue of $350.20 million during the quarter, compared to analysts’ expectations of $333.99 million. During the same quarter in the prior year, the company earned $0.07 EPS. The firm’s quarterly revenue was up 29.6% on a year-over-year basis. As a group, research analysts anticipate that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Klaviyo 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.