Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells 200,000 Shares of Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was sold at an average price of $18.17, for a total transaction of $3,634,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $19.37, for a total transaction of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00.
• On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The stock was sold at an average price of $25.33, for a total value of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The shares were sold at an average price of $24.16, for a total value of $4,057,092.16.
• On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The shares were sold at an average price of $27.41, for a total value of $3,855,106.86.
• On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The shares were sold at an average price of $30.01, for a total value of $499,636.49.
• On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The stock was sold at an average price of $28.91, for a total value of $3,975,240.64.

Klaviyo Stock Down 1.8%

Klaviyo stock opened at $18.69 on Friday. The stock has a 50-day moving average price of $20.13 and a 200 day moving average price of $25.84. The company has a market capitalization of $5.70 billion, a price-to-earnings ratio of -155.74 and a beta of 1.28. Klaviyo, Inc. has a 52 week low of $15.53 and a 52 week high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The company 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 company earned $0.07 EPS. Klaviyo’s quarterly revenue was up 29.6% on a year-over-year basis. Research analysts anticipate that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds have recently bought and sold shares of the business. Morgan Stanley grew its holdings in Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the period. Vanguard Group Inc. raised its stake in shares of Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the period. Capital International Investors acquired a new position in shares of Klaviyo during the 4th quarter worth approximately $415,254,000. Alliancebernstein L.P. lifted its position 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 valued at $133,097,000 after buying an additional 382,428 shares in the last quarter. Finally, Sands Capital Alternatives LLC grew its stake in Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock valued at $118,505,000 after acquiring an additional 134,613 shares during the period. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. TD Cowen reissued a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. William Blair reaffirmed an “outperform” rating on shares of Klaviyo in a report on Monday, March 2nd. Robert W. Baird set a $34.00 price objective on Klaviyo in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price objective on Klaviyo in a research note on Wednesday, February 11th. Finally, Truist Financial decreased their price objective on Klaviyo from $45.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Nineteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.24.

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.