Klaviyo (NYSE:KVYO) Director Ed Hallen Sells 98,782 Shares

Klaviyo, Inc. (NYSE:KVYOGet Free Report) Director Ed Hallen sold 98,782 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $20.48, for a total value of $2,023,055.36. Following the transaction, the director directly owned 94,457 shares of the company’s stock, valued at $1,934,479.36. This represents a 51.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Klaviyo Trading Up 0.2%

Shares of Klaviyo stock opened at $20.62 on Wednesday. Klaviyo, Inc. has a 52 week low of $12.53 and a 52 week high of $36.22. The stock has a market cap of $5.87 billion, a PE ratio of 1,031.52 and a beta of 0.57. The company’s 50-day moving average price is $17.57 and its two-hundred day moving average price is $17.40.

Klaviyo (NYSE:KVYOGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The firm had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. During the same quarter in the previous year, the business posted $0.16 earnings per share. The firm’s quarterly revenue was up 26.4% compared to the same quarter last year. On average, equities analysts predict that Klaviyo, Inc. will post 0.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Klaviyo

Several institutional investors have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in shares of Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after purchasing an additional 3,730 shares during the last quarter. Amundi raised its holdings in Klaviyo by 109.7% during the first quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after buying an additional 7,514 shares in the last quarter. AQR Capital Management LLC bought a new position in Klaviyo during the first quarter valued at about $359,000. Woodline Partners LP boosted its stake in shares of Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after acquiring an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Klaviyo by 40.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after acquiring an additional 42,980 shares during the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have commented on KVYO. Wall Street Zen cut shares of Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Truist Financial decreased their price objective on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Piper Sandler decreased their target price on Klaviyo from $26.00 to $23.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. The Goldman Sachs Group set a $26.00 price target on Klaviyo and gave the company a “buy” rating in a report on Wednesday, June 24th. Finally, Stifel Nicolaus decreased their price objective on Klaviyo from $24.00 to $22.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.14.

View Our Latest Research Report on KVYO

About Klaviyo

(Get Free Report)

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.

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