91,120 Shares in Klaviyo, Inc. $KVYO Acquired by Kerrisdale Advisers LLC

Kerrisdale Advisers LLC bought a new position in Klaviyo, Inc. (NYSE:KVYO) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 91,120 shares of the company’s stock, valued at approximately $1,376,000.

Other large investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew 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 valued at $27,000 after purchasing an additional 908 shares in the last quarter. Optiver Holding B.V. purchased a new stake in shares of Klaviyo in the first quarter worth $39,000. Quarry LP bought a new stake in Klaviyo during the third quarter valued at $44,000. Osaic Holdings Inc. boosted its stake in Klaviyo by 317.0% during the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock valued at $55,000 after buying an additional 1,284 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position 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 buying an additional 3,628 shares in the last quarter. 45.43% of the stock is owned by institutional investors.

Insider Activity at Klaviyo

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $18.47, for a total value of $258,580.00. Following 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 position. 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 firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $17.71, for a total value of $88,550,000.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 5,028,000 shares of company stock valued at $88,993,800 in the last quarter. Corporate insiders own 37.42% of the company’s stock.

Klaviyo Trading Down 0.1%

KVYO opened at $20.13 on Monday. The company has a market cap of $5.73 billion, a P/E ratio of 1,007.00 and a beta of 0.53. The business’s 50-day moving average price is $17.27 and its 200-day moving average price is $17.40. Klaviyo, Inc. has a 12 month low of $12.53 and a 12 month high of $36.22.

Klaviyo (NYSE:KVYO) last issued its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The company had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. During the same period in the prior year, the business posted $0.16 EPS. Klaviyo’s quarterly revenue was up 26.4% compared to the same quarter last year. Equities research analysts forecast that Klaviyo, Inc. will post 0.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Mizuho set a $28.00 price target on Klaviyo in a report on Thursday, August 6th. Robert W. Baird set a $25.00 price target on Klaviyo in a research report on Thursday, August 6th. Stephens boosted their price objective on Klaviyo from $24.00 to $25.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Wells Fargo & Company set a $29.00 price objective on shares of Klaviyo in a research report on Thursday, August 6th. Finally, KeyCorp lowered their target price on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

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.