Klaviyo (NYSE:KVYO – Get Free Report) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.
Other analysts have also issued research reports about the company. Morgan Stanley set a $34.00 price objective on Klaviyo in a research report on Wednesday, April 29th. KeyCorp decreased their target price on Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Piper Sandler lowered their target price on Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. Scotiabank set a $32.00 price target on Klaviyo in a report on Wednesday, June 17th. Finally, Cantor Fitzgerald reduced their price target on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $30.95.
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Klaviyo Stock Performance
Klaviyo (NYSE:KVYO – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. The firm had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The firm’s revenue for the quarter was up 27.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. Equities analysts predict that Klaviyo will post 0.25 EPS for the current fiscal year.
Insider Buying and Selling at Klaviyo
In related news, Director Ledger Susan St. sold 9,334 shares of the business’s stock in a transaction on Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the transaction, the director owned 10,939 shares in the company, valued at approximately $156,099.53. The trade was a 46.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00. Following the transaction, the chief financial officer owned 852,192 shares of the company’s stock, valued at approximately $11,274,500.16. The trade was a 1.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 649,863 shares of company stock valued at $9,521,105. Insiders own 37.42% of the company’s stock.
Institutional Trading of Klaviyo
Institutional investors have recently bought and sold shares of the business. 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. Optiver Holding B.V. acquired a new stake in shares of Klaviyo during the 1st quarter worth about $39,000. Quarry LP acquired a new stake in shares of Klaviyo during the 3rd quarter worth about $44,000. Osaic Holdings Inc. lifted its stake in Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Klaviyo by 2,085.1% during the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after purchasing an additional 3,628 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.
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.
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