Klaviyo (NYSE:KVYO) Stock Price Down 5.7% on Insider Selling

Shares of Klaviyo, Inc. (NYSE:KVYO) were down 5.7% on Friday after an insider sold shares in the company. The stock traded as low as $24.33 and last traded at $24.1350. Approximately 1,509,851 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 3,884,836 shares. The stock had previously closed at $25.60.

Specifically, insider Landon Edmond sold 10,000 shares of Klaviyo stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $258,300.00. Following the transaction, the insider directly owned 343,882 shares of the company’s stock, valued at $8,882,472.06. The trade was a 2.83% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Amanda Whalen sold 14,000 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $361,620.00. Following the completion of the sale, the chief financial officer directly owned 442,219 shares of the company’s stock, valued at $11,422,516.77. This represents a 3.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In other Klaviyo news, CEO Andrew Bialecki sold 140,646 shares of Klaviyo stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $27.41, for a total transaction of $3,855,106.86. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Benchmark restated a “buy” rating on shares of Klaviyo in a research report on Tuesday, November 4th. The Goldman Sachs Group decreased their price target on Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Barclays lowered their price objective on Klaviyo from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, Morgan Stanley decreased their target price on Klaviyo from $46.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Klaviyo presently has a consensus rating of “Moderate Buy” and an average target price of $41.76.

Klaviyo Trading Down 6.6%

The business’s 50 day simple moving average is $29.37 and its 200 day simple moving average is $30.01. The firm has a market capitalization of $7.22 billion, a PE ratio of -99.58 and a beta of 1.08.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.18 EPS for the quarter, topping the consensus estimate of $0.14 by $0.04. Klaviyo had a negative return on equity of 1.00% and a negative net margin of 5.70%.The company had revenue of $310.88 million during the quarter, compared to analyst estimates of $299.93 million. During the same quarter last year, the business posted $0.15 earnings per share. The firm’s revenue was up 32.2% on a year-over-year basis. Analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Institutional Trading of Klaviyo

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Klaviyo by 19.2% during the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after buying an additional 2,059,550 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Klaviyo by 8.6% during the 3rd quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after purchasing an additional 382,428 shares during the period. Sands Capital Alternatives LLC boosted its stake in shares of Klaviyo by 2.1% during the 2nd quarter. Sands Capital Alternatives LLC now owns 3,515,065 shares of the company’s stock worth $118,036,000 after purchasing an additional 71,550 shares during the period. Federated Hermes Inc. grew its holdings in Klaviyo by 9.0% during the 2nd quarter. Federated Hermes Inc. now owns 2,911,007 shares of the company’s stock valued at $97,752,000 after purchasing an additional 241,207 shares during the last quarter. Finally, American Century Companies Inc. raised its position in Klaviyo by 123.4% in the 2nd quarter. American Century Companies Inc. now owns 2,685,480 shares of the company’s stock worth $90,178,000 after purchasing an additional 1,483,427 shares during the period. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.