Klaviyo (NYSE:KVYO) Insider Sells $165,625.32 in Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 8,103 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $20.44, for a total value of $165,625.32. Following the completion of the sale, the insider directly owned 477,866 shares of the company’s stock, valued at approximately $9,767,581.04. This represents a 1.67% 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 Friday, August 28th, Landon Edmond sold 53,473 shares of Klaviyo stock. The stock was sold at an average price of $20.01, for a total transaction of $1,069,994.73.

Klaviyo Stock Performance

Shares of KVYO opened at $19.73 on Friday. Klaviyo, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $36.22. The firm has a market cap of $5.62 billion, a price-to-earnings ratio of 986.99 and a beta of 0.57. The firm has a 50 day moving average price of $17.79 and a 200-day moving average price of $17.42.

Klaviyo (NYSE:KVYO) last released its earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $370.58 million for 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%. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.16 EPS. As a group, equities research analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current year.

Institutional Investors Weigh In On Klaviyo

Several hedge funds have recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Klaviyo in the second quarter worth $488,000. California State Teachers Retirement System boosted its holdings in shares of Klaviyo by 1,429.1% during the 2nd quarter. California State Teachers Retirement System now owns 2,376,514 shares of the company’s stock valued at $35,885,000 after buying an additional 2,221,092 shares in the last quarter. AXQ Capital LP bought a new stake in shares of Klaviyo during the 2nd quarter valued at $371,000. Nykredit A S purchased a new stake in shares of Klaviyo in the 2nd quarter worth about $90,000. Finally, Kerrisdale Advisers LLC bought a new position in shares of Klaviyo in the 2nd quarter worth about $1,376,000. 45.43% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

KVYO has been the subject of several analyst reports. Robert W. Baird set a $25.00 target price on Klaviyo in a report on Thursday, August 6th. Wells Fargo & Company set a $29.00 price objective on Klaviyo in a research report on Thursday, August 6th. Wall Street Zen lowered Klaviyo from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Needham & Company LLC restated a “buy” rating on shares of Klaviyo in a report on Wednesday. Finally, Benchmark downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

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.