Klaviyo (NYSE:KVYO) Reaches New 12-Month Low Following Analyst Downgrade

Klaviyo, Inc. (NYSE:KVYO) shares reached a new 52-week low during trading on Tuesday after Benchmark lowered their price target on the stock from $46.00 to $30.00. Benchmark currently has a buy rating on the stock. Klaviyo traded as low as $18.55 and last traded at $19.67, with a volume of 5518709 shares traded. The stock had previously closed at $19.14.

Other equities analysts have also recently issued reports about the company. Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Barclays reduced their price target on shares of Klaviyo from $43.00 to $42.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Truist Financial set a $45.00 price objective on shares of Klaviyo in a research note on Tuesday, November 25th. Morgan Stanley cut their target price on shares of Klaviyo from $46.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday, January 15th. Finally, Cantor Fitzgerald reduced their target price on shares of Klaviyo from $48.00 to $40.00 and set an “overweight” rating on the stock in a report on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $40.29.

Insider Buying and Selling

In other Klaviyo news, CEO Andrew Bialecki sold 167,926 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $24.16, for a total transaction of $4,057,092.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Ed Hallen sold 117,550 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $30.36, for a total transaction of $3,568,818.00. Following the completion of the sale, the director directly owned 133,624 shares in the company, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,800,598 shares of company stock valued at $50,974,712 in the last quarter. 53.24% of the stock is owned by insiders.

Institutional Trading of Klaviyo

A number of hedge funds and other institutional investors have recently bought and sold shares of KVYO. Caitong International Asset Management Co. Ltd boosted its position in shares of Klaviyo by 1,650.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after acquiring an additional 908 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Klaviyo in the second quarter valued at approximately $31,000. FNY Investment Advisers LLC acquired a new position in Klaviyo in the third quarter valued at approximately $34,000. First Horizon Advisors Inc. purchased a new position in Klaviyo in the second quarter valued at approximately $37,000. Finally, Quarry LP acquired a new stake in Klaviyo during the third quarter worth approximately $44,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Klaviyo Stock Up 2.8%

The company has a market cap of $5.94 billion, a price-to-earnings ratio of -81.95 and a beta of 1.14. The business’s fifty day simple moving average is $27.69 and its two-hundred day simple moving average is $28.89.

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.