Shares of Klaviyo, Inc. (NYSE:KVYO – Get Free Report) have received a consensus recommendation of “Moderate Buy” from the twenty-one brokerages that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and eighteen have assigned a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $31.40.
KVYO has been the topic of a number of research analyst reports. KeyCorp decreased their price target on Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Canaccord Genuity Group set a $32.00 price target on Klaviyo in a research note on Wednesday, February 11th. William Blair reissued an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Jefferies Financial Group set a $25.00 price target on Klaviyo in a research note on Saturday, May 9th. Finally, Wells Fargo & Company decreased their price target on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th.
Read Our Latest Stock Analysis on Klaviyo
Klaviyo Trading Down 0.6%
Klaviyo (NYSE:KVYO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The firm had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. During the same period last year, the company earned $0.14 EPS. The firm’s quarterly revenue was up 27.9% on a year-over-year basis. As a group, research analysts forecast that Klaviyo will post 0.25 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $14.26, for a total value of $199,640.00. Following the transaction, the chief financial officer directly owned 895,141 shares in the company, valued at $12,764,710.66. This trade represents a 1.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Landon Edmond sold 9,623 shares of the firm’s stock in a transaction dated Monday, April 20th. The stock was sold at an average price of $20.00, for a total value of $192,460.00. Following the completion of the transaction, the insider owned 584,124 shares in the company, valued at approximately $11,682,480. This trade represents a 1.62% 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 sold a total of 1,897,243 shares of company stock valued at $33,430,993 in the last quarter. Corporate insiders own 37.42% of the company’s stock.
Hedge Funds Weigh In On Klaviyo
Large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd raised its holdings in shares of Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after purchasing an additional 908 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Klaviyo in the 3rd quarter worth about $34,000. Quarry LP purchased a new position in shares of Klaviyo in the 3rd quarter worth about $44,000. Osaic Holdings Inc. raised its holdings in shares of Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the period. Finally, RiverPark Advisors LLC purchased a new position in shares of Klaviyo in the 3rd quarter worth about $69,000. 45.43% of the stock is currently owned by hedge funds and other institutional investors.
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.
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