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

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 9,623 shares of Klaviyo stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the transaction, the insider directly owned 584,124 shares in the company, valued at approximately $11,682,480. The trade was a 1.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 shares were 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 shares were sold at an average price of $20.16, for a total transaction of $304,274.88.

Klaviyo Stock Down 8.4%

Shares of KVYO stock opened at $18.75 on Friday. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of -156.27 and a beta of 0.86. The company’s 50 day moving average is $18.69 and its 200 day moving average is $24.13. Klaviyo, Inc. has a 52-week low of $15.53 and a 52-week high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. The company had revenue of $350.20 million for 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%. Klaviyo’s revenue was up 29.6% compared to the same quarter last year. During the same period last year, the company posted $0.07 earnings per share. Analysts anticipate that Klaviyo, Inc. will post 0.22 EPS for the current fiscal year.

Institutional Investors Weigh In On Klaviyo

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Natixis Advisors LLC lifted its stake in shares of Klaviyo by 3.4% during the third quarter. Natixis Advisors LLC now owns 11,397 shares of the company’s stock worth $316,000 after buying an additional 372 shares during the period. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Klaviyo by 5.3% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 9,312 shares of the company’s stock worth $258,000 after buying an additional 469 shares during the period. Pathstone Holdings LLC lifted its stake in shares of Klaviyo by 0.5% during the third quarter. Pathstone Holdings LLC now owns 173,931 shares of the company’s stock worth $4,816,000 after buying an additional 858 shares during the period. Caitong International Asset Management Co. Ltd lifted its stake in shares of Klaviyo by 1,650.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after buying an additional 908 shares during the period. Finally, Advisors Asset Management Inc. lifted its stake in shares of Klaviyo by 29.5% during the fourth quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock worth $135,000 after buying an additional 951 shares during the period. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

KVYO has been the topic of several research reports. Stifel Nicolaus cut their price target on shares of Klaviyo from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. 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. Robert W. Baird set a $34.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Wall Street Zen raised shares of Klaviyo from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Finally, BTIG Research cut their price target on shares of Klaviyo from $40.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Eighteen 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.90.

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.