Klaviyo (NYSE:KVYO) CEO Sells $3,960,284.64 in Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 137,224 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $28.86, for a total transaction of $3,960,284.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, September 23rd, Andrew Bialecki sold 211,358 shares of Klaviyo stock. The stock was sold at an average price of $35.45, for a total transaction of $7,492,641.10.
• On Tuesday, September 16th, Andrew Bialecki sold 226,382 shares of Klaviyo stock. The stock was sold at an average price of $32.35, for a total transaction of $7,323,457.70.
• On Tuesday, September 9th, Andrew Bialecki sold 220,481 shares of Klaviyo stock. The stock was sold at an average price of $31.96, for a total transaction of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The stock was sold at an average price of $31.00, for a total transaction of $6,922,424.00.
• On Tuesday, August 26th, Andrew Bialecki sold 226,702 shares of Klaviyo stock. The shares were sold at an average price of $31.50, for a total transaction of $7,141,113.00.

Klaviyo Trading Down 0.2%

Shares of KVYO stock opened at $25.95 on Friday. The company’s 50-day moving average price is $31.92 and its 200-day moving average price is $31.89. The stock has a market cap of $7.78 billion, a price-to-earnings ratio of -103.79 and a beta of 1.26. Klaviyo, Inc. has a twelve month low of $23.77 and a twelve month high of $49.55.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.03. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. The firm had revenue of $293.12 million for the quarter, compared to analysts’ expectations of $275.97 million. During the same quarter in the previous year, the company posted $0.15 EPS. The company’s revenue was up 31.9% compared to the same quarter last year. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that Klaviyo, Inc. will post 0.04 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on KVYO. Needham & Company LLC reissued a “buy” rating and set a $45.00 price target on shares of Klaviyo in a research report on Friday, September 26th. Wells Fargo & Company started coverage on shares of Klaviyo in a research note on Tuesday. They issued an “overweight” rating and a $40.00 price target on the stock. TD Cowen raised their target price on shares of Klaviyo from $45.00 to $46.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Morgan Stanley raised Klaviyo from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a report on Friday, September 19th. Finally, Macquarie reissued a “neutral” rating and issued a $37.00 target price on shares of Klaviyo in a report on Wednesday, August 6th. Nineteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Klaviyo currently has an average rating of “Moderate Buy” and an average price target of $44.30.

Institutional Investors Weigh In On Klaviyo

Institutional investors have recently made changes to their positions in the company. Main Management ETF Advisors LLC grew its stake in shares of Klaviyo by 1.7% in the second quarter. Main Management ETF Advisors LLC now owns 22,723 shares of the company’s stock worth $763,000 after purchasing an additional 372 shares in the last quarter. Advisors Asset Management Inc. grew its stake in shares of Klaviyo by 22.7% in the first quarter. Advisors Asset Management Inc. now owns 2,731 shares of the company’s stock worth $83,000 after purchasing an additional 506 shares in the last quarter. CWM LLC grew its stake in shares of Klaviyo by 227.5% in the first quarter. CWM LLC now owns 930 shares of the company’s stock worth $28,000 after purchasing an additional 646 shares in the last quarter. Cabot Wealth Management Inc. grew its stake in shares of Klaviyo by 1.0% in the first quarter. Cabot Wealth Management Inc. now owns 90,126 shares of the company’s stock worth $2,727,000 after purchasing an additional 854 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in shares of Klaviyo by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 49,997 shares of the company’s stock valued at $2,062,000 after buying an additional 864 shares during the period. 45.43% of the stock is currently owned by institutional investors.

Klaviyo Company Profile

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.