Clearbridge Investments LLC Decreases Position in Klaviyo, Inc. $KVYO

Clearbridge Investments LLC lessened its holdings in Klaviyo, Inc. (NYSE:KVYO) by 17.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,641,958 shares of the company’s stock after selling 339,640 shares during the quarter. Clearbridge Investments LLC’s holdings in Klaviyo were worth $53,314,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its position in Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after purchasing an additional 908 shares during the period. FNY Investment Advisers LLC purchased a new position in Klaviyo in the 3rd quarter worth $34,000. Quarry LP purchased a new position in Klaviyo in the 3rd quarter worth $44,000. Osaic Holdings Inc. raised its position in Klaviyo by 317.0% in the 2nd 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 period. Finally, RiverPark Advisors LLC purchased a new position in Klaviyo in the 3rd quarter worth $69,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Klaviyo Stock Down 2.3%

Shares of Klaviyo stock opened at $15.23 on Tuesday. The company’s fifty day simple moving average is $17.24 and its two-hundred day simple moving average is $21.96. The firm has a market cap of $4.56 billion, a PE ratio of -380.53 and a beta of 0.63. Klaviyo, Inc. has a 12-month low of $13.53 and a 12-month high of $36.76.

Klaviyo (NYSE:KVYO) last announced its earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The firm had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 EPS. As a group, sell-side analysts expect that Klaviyo, Inc. will post 0.25 earnings per share for the current fiscal year.

Insider Activity at Klaviyo

In other news, CFO Amanda Whalen sold 14,000 shares of Klaviyo stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $14.26, for a total transaction 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. The trade was a 1.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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, Director Ledger Susan St. sold 9,334 shares of Klaviyo stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the transaction, the director directly owned 10,939 shares of the company’s stock, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,487,852 shares of company stock worth $25,023,500. 37.42% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on KVYO. Stephens cut their price target on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Benchmark cut their price target on shares of Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a report on Wednesday, April 29th. Barclays cut their price target on shares of Klaviyo from $31.00 to $25.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Finally, Wells Fargo & Company cut their price target on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Eighteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Klaviyo currently has an average rating of “Moderate Buy” and an average price target of $31.40.

Klaviyo 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.