Klaviyo (NYSE:KVYO) Shares Up 10.9% – Still a Buy?

Klaviyo, Inc. (NYSE:KVYO) shares were up 10.9% during mid-day trading on Monday . The company traded as high as $17.17 and last traded at $17.5590. Approximately 2,280,191 shares changed hands during trading, a decline of 57% from the average daily volume of 5,269,471 shares. The stock had previously closed at $15.84.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on KVYO shares. William Blair reissued an “outperform” rating on shares of Klaviyo in a report on Monday, March 2nd. Robert W. Baird set a $34.00 price target on Klaviyo in a report on Wednesday, February 11th. Cantor Fitzgerald lowered their price target on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Benchmark lowered their price target on Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Finally, Mizuho set a $37.00 price target on Klaviyo in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $31.40.

Klaviyo Stock Performance

The firm has a 50-day moving average of $17.52 and a 200-day moving average of $22.47. The firm has a market capitalization of $5.36 billion, a P/E ratio of -449.14 and a beta of 0.63.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The business had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. During the same period last year, the company earned $0.14 EPS. Klaviyo’s revenue for the quarter was up 27.9% compared to the same quarter last year. Equities analysts anticipate that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, insider Landon Edmond sold 9,623 shares of the firm’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 value of $192,460.00. Following the completion of the transaction, the insider owned 584,124 shares in the company, valued at $11,682,480. This trade represents a 1.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total value of $3,105,048.69. Following the completion of the transaction, the chief executive officer owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,909,772 shares of company stock valued at $33,184,042 in the last 90 days. 37.42% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Natixis Advisors LLC lifted its stake in shares of Klaviyo by 3.4% in the 3rd quarter. Natixis Advisors LLC now owns 11,397 shares of the company’s stock valued at $316,000 after purchasing an additional 372 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in Klaviyo by 5.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,312 shares of the company’s stock valued at $258,000 after buying an additional 469 shares during the last quarter. Pathstone Holdings LLC raised its stake in Klaviyo by 0.5% during the third quarter. Pathstone Holdings LLC now owns 173,931 shares of the company’s stock valued at $4,816,000 after buying an additional 858 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in Klaviyo by 1,650.9% during the third 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 last quarter. Finally, Advisors Asset Management Inc. raised its stake in Klaviyo by 29.5% during the fourth quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock valued at $135,000 after buying an additional 951 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.