SG Americas Securities LLC Sells 97,864 Shares of Klaviyo, Inc. $KVYO

SG Americas Securities LLC trimmed its holdings in shares of Klaviyo, Inc. (NYSE:KVYO) by 90.3% in the first quarter, HoldingsChannel reports. The firm owned 10,455 shares of the company’s stock after selling 97,864 shares during the period. SG Americas Securities LLC’s holdings in Klaviyo were worth $203,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Klaviyo by 12.3% in the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after buying an additional 1,573,812 shares during the last quarter. Jefferies Financial Group Inc. grew its holdings in Klaviyo by 2,320.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock worth $14,774,000 after acquiring an additional 436,204 shares during the last quarter. Delta Global Management LP grew its holdings in Klaviyo by 52.7% during the 4th quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock worth $25,499,000 after acquiring an additional 270,944 shares during the last quarter. Huntington National Bank increased its position in Klaviyo by 117.1% in the 4th quarter. Huntington National Bank now owns 166,501 shares of the company’s stock valued at $5,406,000 after acquiring an additional 89,800 shares in the last quarter. Finally, Barton Investment Management increased its position in Klaviyo by 69.6% in the 4th quarter. Barton Investment Management now owns 670,042 shares of the company’s stock valued at $21,756,000 after acquiring an additional 275,053 shares in the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock.

Insiders Place Their Bets

In other Klaviyo news, Director Ledger Susan St. sold 9,334 shares of Klaviyo 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 directly owned 10,939 shares of the company’s stock, valued at $156,099.53. The trade was a 46.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the completion of the transaction, the chief executive officer directly owned 212,529 shares in the company, valued at approximately $3,105,048.69. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 873,486 shares of company stock worth $13,411,125 over the last ninety days. 37.42% of the stock is currently owned by corporate insiders.

Klaviyo Trading Down 1.3%

Shares of KVYO stock traded down $0.23 on Friday, hitting $16.93. 5,190,561 shares of the stock were exchanged, compared to its average volume of 5,518,545. The firm has a market capitalization of $5.07 billion, a P/E ratio of -423.12 and a beta of 0.63. Klaviyo, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $36.76. The business has a 50-day moving average of $15.37 and a 200 day moving average of $19.64.

Klaviyo (NYSE:KVYO) last released its 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 firm had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. During the same quarter in the previous year, the business posted $0.14 EPS. The business’s quarterly revenue was up 27.9% compared to the same quarter last year. As a group, research analysts forecast that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on KVYO. Citigroup upped their target price on shares of Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings reissued a “sell (e+)” rating on shares of Klaviyo in a research note on Wednesday, May 20th. Piper Sandler cut their target price on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company lowered their target price on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, Benchmark cut their target price on Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Klaviyo presently has an average rating of “Moderate Buy” and a consensus target price of $30.81.

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.