Klaviyo, Inc. $KVYO Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets reduced its stake in shares of Klaviyo, Inc. (NYSE:KVYO) by 20.1% during the 4th quarter, HoldingsChannel reports. The firm owned 242,439 shares of the company’s stock after selling 60,957 shares during the quarter. BNP Paribas Financial Markets’ holdings in Klaviyo were worth $7,872,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in KVYO. Caitong International Asset Management Co. Ltd lifted its holdings in 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 last quarter. FNY Investment Advisers LLC acquired a new position in Klaviyo in the third quarter valued at approximately $34,000. Quarry LP purchased a new stake in shares of Klaviyo during the third quarter worth $44,000. Osaic Holdings Inc. increased its position in shares of Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares during the period. Finally, RiverPark Advisors LLC purchased a new stake in shares of Klaviyo during the third quarter worth $69,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Klaviyo Price Performance

NYSE:KVYO opened at $14.81 on Wednesday. The firm has a 50-day moving average of $17.16 and a two-hundred day moving average of $21.87. The stock has a market cap of $4.43 billion, a P/E ratio of -370.06 and a beta of 0.62. Klaviyo, Inc. has a 1-year low of $13.53 and a 1-year high of $36.76.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Citigroup raised their price objective on shares of Klaviyo from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Cantor Fitzgerald lowered their target price on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Jefferies Financial Group set a $25.00 price objective on shares of Klaviyo in a research note on Saturday, May 9th. Barclays lowered their price objective on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company lowered their price objective on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $31.40.

Insider Activity

In related news, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $14.27, for a total value of $133,196.18. Following the completion of the sale, the director owned 10,939 shares in the company, valued at approximately $156,099.53. This represents a 46.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of the company’s stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the completion of the sale, the insider owned 584,124 shares of the company’s stock, valued at approximately $11,682,480. This trade represents a 1.62% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,487,852 shares of company stock worth $25,023,500 in the last quarter. 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.