Klaviyo, Inc. (NYSE:KVYO – Get Free Report) insider Landon Edmond sold 53,473 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $20.01, for a total value of $1,069,994.73. Following the transaction, the insider owned 485,969 shares in the company, valued at $9,724,239.69. This trade represents a 9.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 Monday, August 31st, Landon Edmond sold 8,103 shares of Klaviyo stock. The shares were sold at an average price of $20.44, for a total transaction of $165,625.32.
Klaviyo Stock Performance
Shares of NYSE:KVYO opened at $20.62 on Wednesday. The stock has a market capitalization of $5.87 billion, a price-to-earnings ratio of 1,031.52 and a beta of 0.57. Klaviyo, Inc. has a 1-year low of $12.53 and a 1-year high of $36.22. The company’s fifty day moving average is $17.57 and its two-hundred day moving average is $17.40.
Analysts Set New Price Targets
A number of brokerages have commented on KVYO. Stifel Nicolaus decreased their target price on Klaviyo from $24.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Mizuho set a $28.00 price target on Klaviyo in a report on Thursday, August 6th. Scotiabank set a $32.00 price objective on Klaviyo in a research note on Wednesday, June 17th. Wall Street Zen lowered Klaviyo from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Robert W. Baird set a $25.00 target price on Klaviyo in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.
Check Out Our Latest Research Report on KVYO
Hedge Funds Weigh In On Klaviyo
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Natixis Advisors LLC increased its position in 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 acquiring an additional 372 shares during the period. Pathstone Holdings LLC boosted its position in Klaviyo by 0.5% during the 3rd quarter. Pathstone Holdings LLC now owns 173,931 shares of the company’s stock worth $4,816,000 after acquiring an additional 858 shares during the period. Caitong International Asset Management Co. Ltd boosted its position in Klaviyo by 1,650.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after acquiring an additional 908 shares during the period. Advisors Asset Management Inc. grew its stake in shares of Klaviyo by 29.5% in the fourth quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company’s stock worth $135,000 after purchasing an additional 951 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in shares of Klaviyo by 1.2% in the third quarter. Squarepoint Ops LLC now owns 95,394 shares of the company’s stock worth $2,641,000 after purchasing an additional 1,104 shares in the last quarter. 45.43% of the stock is owned by institutional investors.
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.
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