Squarepoint Ops LLC Buys 895,485 Shares of Klaviyo, Inc. $KVYO

Squarepoint Ops LLC boosted its position in shares of Klaviyo, Inc. (NYSE:KVYO) by 1,343.5% during the 2nd quarter, HoldingsChannel reports. The fund owned 962,136 shares of the company’s stock after buying an additional 895,485 shares during the quarter. Squarepoint Ops LLC’s holdings in Klaviyo were worth $14,528,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in KVYO. Jefferies Financial Group Inc. increased its position in shares of Klaviyo by 2,320.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after purchasing an additional 436,204 shares during the period. Huntington National Bank lifted its position in Klaviyo by 117.1% in the fourth quarter. Huntington National Bank now owns 166,501 shares of the company’s stock worth $5,406,000 after purchasing an additional 89,800 shares during the period. Delta Global Management LP boosted its stake in Klaviyo by 52.7% during the fourth quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock worth $25,499,000 after buying an additional 270,944 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Klaviyo by 8.9% during the first quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock worth $29,348,000 after buying an additional 123,480 shares in the last quarter. Finally, Barton Investment Management increased its holdings in Klaviyo by 56.7% in the 1st quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock valued at $20,434,000 after buying an additional 380,010 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Insiders Place Their Bets

In related news, Director Ed Hallen sold 98,782 shares of Klaviyo stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $20.48, for a total value of $2,023,055.36. Following the completion of the transaction, the director directly owned 94,457 shares of the company’s stock, valued at $1,934,479.36. The trade was a 51.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 8,103 shares of the company’s stock in a transaction dated 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 owned 477,866 shares in the company, valued at approximately $9,767,581.04. This trade represents a 1.67% decrease in their position. 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. In the last three months, insiders have sold 5,188,358 shares of company stock valued at $92,252,475. 37.42% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have recently commented on KVYO. KeyCorp reduced their price objective on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating for the company in a report on Thursday, August 6th. Mizuho set a $28.00 target price on shares of Klaviyo in a research note on Thursday, August 6th. Stephens increased their price target on shares of Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Wells Fargo & Company set a $29.00 price target on shares of Klaviyo in a research note on Thursday, August 6th. Finally, Weiss Ratings upgraded Klaviyo from a “sell (d-)” rating to a “sell (d)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.14.

Klaviyo Price Performance

Shares of KVYO opened at $16.23 on Thursday. The company has a market capitalization of $4.62 billion, a P/E ratio of 812.16 and a beta of 0.57. Klaviyo, Inc. has a one year low of $12.53 and a one year high of $36.22. The business’s 50 day simple moving average is $17.99 and its 200-day simple moving average is $17.41.

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

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.