BNP Paribas Financial Markets Trims Stock Holdings in Klaviyo, Inc. $KVYO

BNP Paribas Financial Markets reduced its position in shares of Klaviyo, Inc. (NYSE:KVYO) by 20.1% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 242,439 shares of the company’s stock after selling 60,957 shares during the quarter. BNP Paribas Financial Markets owned about 0.08% of Klaviyo worth $7,872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of KVYO. Vanguard Group Inc. increased its holdings in Klaviyo by 19.2% during the 3rd quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after purchasing an additional 2,059,550 shares during the period. Norges Bank purchased a new position in Klaviyo during the 4th quarter worth $49,300,000. Schonfeld Strategic Advisors LLC increased its holdings in Klaviyo by 1,878.0% during the 3rd quarter. Schonfeld Strategic Advisors LLC now owns 913,261 shares of the company’s stock worth $25,288,000 after purchasing an additional 867,091 shares during the period. Two Sigma Investments LP increased its holdings in Klaviyo by 49.6% during the 3rd quarter. Two Sigma Investments LP now owns 1,692,181 shares of the company’s stock worth $46,856,000 after purchasing an additional 561,315 shares during the period. Finally, 12 West Capital Management LP increased its holdings in Klaviyo by 40.0% during the 3rd quarter. 12 West Capital Management LP now owns 1,838,000 shares of the company’s stock worth $50,894,000 after purchasing an additional 525,000 shares during the period. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

KVYO has been the topic of several research reports. William Blair restated an “outperform” rating on shares of Klaviyo in a report on Monday, March 2nd. Piper Sandler reduced their price objective on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. The Goldman Sachs Group reduced their price objective on Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Barclays cut their price target on Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Needham & Company LLC lowered their price target on Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Eighteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and a consensus target price of $31.40.

Insider Transactions at Klaviyo

In other Klaviyo news, 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 in the company, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 that occurred on Thursday, May 14th. The stock was sold at an average price of $14.26, for a total value of $199,640.00. Following the sale, the chief financial officer owned 895,141 shares of the company’s stock, valued at approximately $12,764,710.66. This trade represents a 1.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 1,487,852 shares of company stock valued at $25,023,500 in the last 90 days. Corporate insiders own 37.42% of the company’s stock.

Klaviyo Trading Down 2.7%

NYSE:KVYO opened at $14.81 on Wednesday. Klaviyo, Inc. has a 12 month low of $13.53 and a 12 month high of $36.76. The stock has a 50 day moving average of $17.16 and a two-hundred day moving average of $21.87. The firm has a market cap of $4.43 billion, a P/E ratio of -370.06 and a beta of 0.62.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, topping 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 during the quarter, compared to analyst estimates of $348.57 million. During the same period in the previous year, the business earned $0.14 EPS. Klaviyo’s quarterly revenue was up 27.9% on a year-over-year basis. On average, research analysts forecast that Klaviyo, Inc. will post 0.25 earnings per share for the current year.

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.