Delta Global Management LP Has $14.24 Million Stock Position in Klaviyo, Inc. $KVYO

Delta Global Management LP cut its holdings in shares of Klaviyo, Inc. (NYSE:KVYO) by 7.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 514,364 shares of the company’s stock after selling 38,996 shares during the period. Delta Global Management LP owned 0.17% of Klaviyo worth $14,243,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Brevan Howard Capital Management LP bought a new position in Klaviyo in the third quarter valued at approximately $276,000. Centiva Capital LP lifted its stake in shares of Klaviyo by 77.5% in the 3rd quarter. Centiva Capital LP now owns 46,836 shares of the company’s stock valued at $1,297,000 after purchasing an additional 20,443 shares during the period. Cinctive Capital Management LP bought a new position in shares of Klaviyo in the 3rd quarter worth $7,905,000. Cantor Fitzgerald L. P. bought a new position in shares of Klaviyo in the 3rd quarter worth $637,000. Finally, Boothbay Fund Management LLC acquired a new stake in shares of Klaviyo during the third quarter worth $2,577,000. 45.43% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Ed Hallen sold 117,550 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the transaction, the director owned 133,624 shares in the company, valued at $4,056,824.64. This represents a 46.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Bialecki sold 206,827 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $19.96, for a total transaction of $4,128,266.92. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,776,618 shares of company stock worth $43,831,588. Insiders own 53.24% of the company’s stock.

Analyst Ratings Changes

KVYO has been the topic of several analyst reports. Canaccord Genuity Group set a $32.00 target price on Klaviyo in a research note on Wednesday, February 11th. Morgan Stanley reaffirmed an “overweight” rating and issued a $38.00 price target on shares of Klaviyo in a research note on Wednesday, February 11th. Benchmark reduced their price objective on shares of Klaviyo from $46.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Stifel Nicolaus decreased 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 note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Klaviyo currently has a consensus rating of “Moderate Buy” and an average price target of $34.24.

Klaviyo Price Performance

NYSE KVYO opened at $19.13 on Monday. 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 P/E ratio of -159.36 and a beta of 1.29. The stock’s 50-day moving average is $21.91 and its 200-day moving average is $26.68.

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 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 business had revenue of $350.20 million during the quarter, compared to analyst estimates of $333.99 million. During the same period in the previous year, the firm earned $0.07 EPS. Klaviyo’s quarterly revenue was up 29.6% compared to the same quarter last year. Equities analysts anticipate that Klaviyo, Inc. will post 0.04 EPS 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.