Klaviyo (NYSE:KVYO) Stock Price Up 7.6% – Here’s Why

Klaviyo, Inc. (NYSE:KVYO)’s stock price traded up 7.6% during mid-day trading on Thursday . The company traded as high as $19.10 and last traded at $19.1350. Approximately 1,404,091 shares were traded during trading, a decline of 74% from the average session volume of 5,464,917 shares. The stock had previously closed at $17.79.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Wall Street Zen cut Klaviyo from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. BTIG Research reduced their price target on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Canaccord Genuity Group decreased their price target on shares of Klaviyo from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Barclays decreased their target price on Klaviyo from $25.00 to $22.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Finally, Wells Fargo & Company set a $29.00 price target on Klaviyo in a research note on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Klaviyo has a consensus rating of “Moderate Buy” and an average target price of $27.14.

Klaviyo Trading Up 8.9%

The company has a market cap of $5.52 billion, a P/E ratio of 968.78 and a beta of 0.54. The stock’s 50 day moving average is $17.01 and its 200-day moving average is $17.40.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. The business had revenue of $370.58 million during the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. Klaviyo’s revenue was up 26.4% compared to the same quarter last year. During the same period last year, the business earned $0.16 EPS. As a group, sell-side analysts forecast that Klaviyo, Inc. will post 0.2 EPS for the current year.

Insider Buying and Selling

In related news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $18.47, for a total transaction of $258,580.00. Following the completion of the sale, the chief financial officer owned 824,192 shares of the company’s stock, valued at $15,222,826.24. This trade represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a legal 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, major shareholder Summit Partners L. P sold 5,000,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $17.71, for a total transaction of $88,550,000.00. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 5,028,000 shares of company stock worth $88,993,800. Corporate insiders own 37.42% of the company’s stock.

Institutional Investors Weigh In On Klaviyo

Large investors have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its holdings 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 valued at $27,000 after buying an additional 908 shares during the period. Optiver Holding B.V. bought a new position in Klaviyo in the first quarter worth approximately $39,000. Quarry LP purchased a new position in shares of Klaviyo during the 3rd quarter worth $44,000. Osaic Holdings Inc. boosted its stake in shares of Klaviyo by 317.0% during the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares during the last quarter. Finally, EverSource Wealth Advisors LLC grew its position in shares of Klaviyo by 2,085.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock valued at $74,000 after acquiring an additional 3,628 shares during the period. 45.43% of the stock is currently owned by institutional investors.

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.