Klaviyo (NYSE:KVYO) Shares Down 5.7% on Insider Selling

Klaviyo, Inc. (NYSE:KVYO) shares fell 5.7% during mid-day trading on Friday after an insider sold shares in the company. The company traded as low as $24.33 and last traded at $24.1350. 1,509,851 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 3,884,836 shares. The stock had previously closed at $25.60.

Specifically, CEO Andrew Bialecki sold 140,646 shares of Klaviyo stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $27.41, for a total transaction of $3,855,106.86. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Analysts Set New Price Targets

KVYO has been the subject of several research reports. Morgan Stanley decreased their target price on Klaviyo from $46.00 to $42.00 and set an “overweight” rating for the company in a research report on Thursday. Stifel Nicolaus decreased their price objective on Klaviyo from $42.00 to $40.00 and set a “buy” rating for the company in a report on Thursday, November 6th. Cantor Fitzgerald lowered their price objective on Klaviyo from $48.00 to $40.00 and set an “overweight” rating for the company in a research report on Wednesday, October 29th. Zacks Research upgraded shares of Klaviyo from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Finally, Wall Street Zen downgraded shares of Klaviyo from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $41.76.

Klaviyo Stock Down 6.0%

The firm’s fifty day simple moving average is $29.50 and its 200-day simple moving average is $30.09. The firm has a market capitalization of $7.27 billion, a PE ratio of -100.25 and a beta of 1.08.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.04. Klaviyo had a negative net margin of 5.70% and a negative return on equity of 1.00%. The company had revenue of $310.88 million during the quarter, compared to the consensus estimate of $299.93 million. During the same quarter last year, the firm earned $0.15 earnings per share. The firm’s quarterly revenue was up 32.2% compared to the same quarter last year. As a group, analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Institutional Trading of Klaviyo

Institutional investors and hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd raised its stake in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after purchasing an additional 908 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Klaviyo in the 2nd quarter worth about $31,000. FNY Investment Advisers LLC purchased a new position in Klaviyo in the 3rd quarter worth about $34,000. First Horizon Advisors Inc. bought a new position in Klaviyo during the 2nd quarter valued at about $37,000. Finally, Quarry LP bought a new position in Klaviyo during the 3rd quarter valued at about $44,000. 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.