Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells $2,976,000.00 in Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the company’s stock in a transaction dated Tuesday, May 19th. The shares were sold at an average price of $14.88, for a total value of $2,976,000.00. Following the completion of the transaction, the chief executive officer owned 200,000 shares in the company, valued at $2,976,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total value of $2,922,000.00.
• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $17.19, for a total value of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.63, for a total value of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $19.42, for a total value of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.17, for a total value of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $19.37, for a total value of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The stock was sold at an average price of $19.96, for a total value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $16.76, for a total transaction of $3,352,000.00.

Klaviyo Trading Down 0.6%

KVYO stock opened at $14.83 on Friday. Klaviyo, Inc. has a 1 year low of $13.53 and a 1 year high of $36.76. The company has a fifty day simple moving average of $17.95 and a 200 day simple moving average of $22.97. The firm has a market cap of $4.44 billion, a PE ratio of -370.53 and a beta of 0.79.

Klaviyo (NYSE:KVYO) last posted its earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The business’s quarterly revenue was up 27.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 earnings per share. As a group, analysts forecast that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Hedge Funds Weigh In On Klaviyo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd boosted its position in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after acquiring an additional 908 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Klaviyo in the third quarter valued at approximately $34,000. Quarry LP bought a new stake in shares of Klaviyo in the third quarter valued at approximately $44,000. Osaic Holdings Inc. boosted its position 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 during the period. Finally, RiverPark Advisors LLC bought a new stake in shares of Klaviyo in the third quarter valued at approximately $69,000. Institutional investors and hedge funds own 45.43% of the company’s stock.

Analysts Set New Price Targets

KVYO has been the topic of several analyst reports. Wells Fargo & Company lowered their target price on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Needham & Company LLC lowered their price target on Klaviyo from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. TD Cowen reiterated a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Piper Sandler lowered their price target on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Canaccord Genuity Group set a $32.00 price target on Klaviyo in a report on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $31.40.

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.