Klaviyo (NYSE:KVYO) Insider Landon Edmond Sells 9,623 Shares

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 9,623 shares of the business’s stock in a transaction that occurred on Monday, April 20th. The stock was sold at an average price of $20.00, for a total transaction of $192,460.00. Following the completion of the transaction, the insider directly owned 584,124 shares of the company’s stock, valued at $11,682,480. This trade represents a 1.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Landon Edmond also recently made the following trade(s):

• On Thursday, March 12th, Landon Edmond sold 14,366 shares of Klaviyo stock. The stock was sold at an average price of $20.15, for a total transaction of $289,474.90.
• On Thursday, March 5th, Landon Edmond sold 15,093 shares of Klaviyo stock. The stock was sold at an average price of $20.16, for a total transaction of $304,274.88.

Klaviyo Stock Up 0.8%

Shares of NYSE:KVYO opened at $20.47 on Thursday. The company has a market capitalization of $6.24 billion, a price-to-earnings ratio of -170.59 and a beta of 0.86. Klaviyo, Inc. has a 52 week low of $15.53 and a 52 week high of $37.79. The firm has a 50 day moving average of $18.69 and a 200 day moving average of $24.17.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The business had revenue of $350.20 million during the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The company’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.07 earnings per share. On average, sell-side analysts expect that Klaviyo, Inc. will post 0.22 EPS for the current year.

Analysts Set New Price Targets

Several research firms have commented on KVYO. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research report on Wednesday, April 15th. Piper Sandler reissued an “overweight” rating and set a $30.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Stifel Nicolaus lowered their price objective on Klaviyo from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. BTIG Research lowered their price objective on Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Finally, Zacks Research cut Klaviyo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $33.90.

Institutional Trading of Klaviyo

Several large investors have recently bought and sold shares of the stock. Barton Investment Management grew its position in Klaviyo by 56.7% during the 1st quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock worth $20,434,000 after purchasing an additional 380,010 shares during the last quarter. Krilogy Financial LLC purchased a new stake in Klaviyo during the 1st quarter worth approximately $221,000. Rockefeller Capital Management L.P. grew its position in Klaviyo by 2,641.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company’s stock worth $104,000 after purchasing an additional 3,090 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in Klaviyo during the 4th quarter worth approximately $740,000. Finally, Invesco Ltd. grew its position in Klaviyo by 50.3% during the 4th quarter. Invesco Ltd. now owns 25,964 shares of the company’s stock worth $843,000 after purchasing an additional 8,685 shares during the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.