Landon Edmond Sells 8,103 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 8,103 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $20.44, for a total transaction of $165,625.32. Following the transaction, the insider directly owned 477,866 shares of the company’s stock, valued at $9,767,581.04. The trade was a 1.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Landon Edmond also recently made the following trade(s):

• On Friday, August 28th, Landon Edmond sold 53,473 shares of Klaviyo stock. The stock was sold at an average price of $20.01, for a total transaction of $1,069,994.73.

Klaviyo Price Performance

Shares of Klaviyo stock traded up $0.04 on Tuesday, reaching $20.62. 10,719,926 shares of the company were exchanged, compared to its average volume of 6,885,645. The stock’s 50 day moving average price is $17.57 and its 200-day moving average price is $17.40. Klaviyo, Inc. has a 1-year low of $12.53 and a 1-year high of $36.22. The company has a market cap of $5.87 billion, a P/E ratio of 1,031.52 and a beta of 0.57.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The firm’s revenue was up 26.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. On average, research analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently issued reports on KVYO. Stephens raised their price target on Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Wall Street Zen lowered Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Barclays cut their price target on Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, August 6th. The Goldman Sachs Group set a $26.00 target price on shares of Klaviyo and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Citigroup increased their price target on shares of Klaviyo from $34.00 to $36.00 and gave the company a “buy” rating in a report on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $27.14.

Institutional Trading of Klaviyo

A number of institutional investors have recently bought and sold shares of the company. Capital International Investors acquired a new stake in Klaviyo in the fourth quarter valued at $415,254,000. Morgan Stanley boosted its position in shares of Klaviyo by 36.1% in the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after buying an additional 3,855,160 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new stake in Klaviyo in the 4th quarter valued at about $92,675,000. California State Teachers Retirement System increased its holdings in Klaviyo by 1,429.1% during the 2nd quarter. California State Teachers Retirement System now owns 2,376,514 shares of the company’s stock valued at $35,885,000 after acquiring an additional 2,221,092 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in Klaviyo by 86.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock valued at $115,747,000 after acquiring an additional 1,656,912 shares in the last quarter. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

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.