American Century Companies Inc. Lowers Stake in Klaviyo, Inc. $KVYO

American Century Companies Inc. decreased its position in Klaviyo, Inc. (NYSE:KVYO) by 21.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,118,977 shares of the company’s stock after selling 566,503 shares during the quarter. American Century Companies Inc.’s holdings in Klaviyo were worth $58,675,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of KVYO. Huntington National Bank acquired a new stake in shares of Klaviyo in the third quarter valued at $2,124,000. US Bancorp DE lifted its stake in Klaviyo by 50.5% during the 3rd quarter. US Bancorp DE now owns 6,485 shares of the company’s stock worth $180,000 after acquiring an additional 2,176 shares in the last quarter. Fox Run Management L.L.C. boosted its holdings in Klaviyo by 140.7% during the 3rd quarter. Fox Run Management L.L.C. now owns 61,101 shares of the company’s stock valued at $1,692,000 after acquiring an additional 35,719 shares during the period. Counterpoint Mutual Funds LLC grew its position in Klaviyo by 25.2% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 27,241 shares of the company’s stock valued at $754,000 after acquiring an additional 5,483 shares in the last quarter. Finally, M&G PLC acquired a new position in Klaviyo in the 3rd quarter valued at about $1,201,000. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

Klaviyo Price Performance

Klaviyo stock opened at $19.44 on Thursday. The stock has a market cap of $5.92 billion, a PE ratio of -161.99 and a beta of 1.28. The stock’s fifty day moving average is $23.57 and its two-hundred day moving average is $27.29. Klaviyo, Inc. has a 1-year low of $15.53 and a 1-year high of $40.60.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The business had revenue of $350.20 million for the quarter, compared to the consensus estimate of $333.99 million. During the same quarter in the prior year, the business posted $0.07 EPS. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. On average, research analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Klaviyo news, Director Ed Hallen sold 117,550 shares of the firm’s 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 sale, the director owned 133,624 shares of the company’s stock, valued at approximately $4,056,824.64. This trade represents a 46.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew Bialecki sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $16.76, for a total transaction of $3,352,000.00. The disclosure for this sale is available in the SEC filing. Insiders sold 1,565,555 shares of company stock valued at $42,214,025 over the last ninety days. 49.92% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on KVYO. Stifel Nicolaus reduced their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. The Goldman Sachs Group cut their target price on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Piper Sandler reissued an “overweight” rating and issued a $30.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. BTIG Research dropped their price target on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $32.00 price objective on Klaviyo in a research report on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.24.

Klaviyo 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.