Andrew Bialecki Sells 212,529 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 212,529 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the completion of the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at $3,105,048.69. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 19th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.88, for a total transaction of $2,976,000.00.
• On Tuesday, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total transaction of $2,922,000.00.
• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $17.19, for a total transaction of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.63, for a total transaction of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total value of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.17, for a total value of $3,634,000.00.
• 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 value 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 value 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.

Klaviyo Stock Performance

KVYO opened at $15.79 on Friday. The firm has a market cap of $4.72 billion, a P/E ratio of -394.58 and a beta of 0.79. The business has a 50 day moving average price of $17.52 and a 200 day moving average price of $22.52. Klaviyo, Inc. has a twelve month low of $13.53 and a twelve month high of $36.76.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The company had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. During the same quarter last year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. As a group, analysts anticipate that Klaviyo, Inc. will post 0.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Klaviyo

Institutional investors have recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of Klaviyo by 1,650.9% in 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 during the period. FNY Investment Advisers LLC bought a new stake in shares of Klaviyo during the third quarter valued at approximately $34,000. Quarry LP acquired a new position in shares of Klaviyo in the third quarter valued at $44,000. Osaic Holdings Inc. raised its stake in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after purchasing an additional 1,284 shares in the last quarter. Finally, RiverPark Advisors LLC bought a new position in Klaviyo in the third quarter worth $69,000. 45.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have issued reports on KVYO. Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. TD Cowen reissued a “buy” rating on shares of Klaviyo in a research report on Wednesday, February 11th. Weiss Ratings restated a “sell (e+)” rating on shares of Klaviyo in a research note on Wednesday, May 20th. Barclays lowered their target price on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Stifel Nicolaus dropped their price target on Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Eighteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.40.

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.