Klaviyo, Inc. (NYSE:KVYO) Short Interest Up 48.0% in March

Klaviyo, Inc. (NYSE:KVYO) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 15,272,956 shares, an increase of 48.0% from the February 26th total of 10,317,327 shares. Currently, 10.7% of the shares of the company are sold short. Based on an average daily volume of 4,355,341 shares, the days-to-cover ratio is presently 3.5 days.

Insider Buying and Selling at Klaviyo

In other news, insider Landon Edmond sold 14,366 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $20.15, for a total transaction of $289,474.90. Following the transaction, the insider owned 312,362 shares in the company, valued at approximately $6,294,094.30. The trade was a 4.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $19.58, for a total value of $274,120.00. Following the transaction, the chief financial officer owned 412,425 shares in the company, valued at $8,075,281.50. This represents a 3.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,692,230 shares of company stock valued at $36,522,830 in the last 90 days. 49.92% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Klaviyo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in KVYO. Morgan Stanley raised its position in shares of Klaviyo by 36.1% during the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after acquiring an additional 3,855,160 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Klaviyo by 12.3% in the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after purchasing an additional 1,573,812 shares during the last quarter. Capital International Investors acquired a new stake in shares of Klaviyo during the fourth quarter worth $415,254,000. Alliancebernstein L.P. grew its stake in shares of Klaviyo by 8.6% during the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after purchasing an additional 382,428 shares during the period. Finally, Sands Capital Alternatives LLC increased its holdings in Klaviyo by 3.8% in the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock valued at $118,505,000 after purchasing an additional 134,613 shares during the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock.

Klaviyo Stock Down 1.8%

KVYO traded down $0.34 during trading on Friday, hitting $18.69. The company’s stock had a trading volume of 3,700,071 shares, compared to its average volume of 3,694,141. The stock has a market capitalization of $5.70 billion, a price-to-earnings ratio of -155.74 and a beta of 1.28. The firm’s 50 day moving average price is $20.13 and its two-hundred day moving average price is $25.79. Klaviyo has a 12 month low of $15.53 and a 12 month high of $37.79.

Klaviyo (NYSE:KVYO) last announced its earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The company had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. During the same quarter in the prior year, the business earned $0.07 earnings per share. The business’s revenue for the quarter was up 29.6% on a year-over-year basis. On average, sell-side analysts forecast that Klaviyo will post 0.04 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on KVYO. KeyCorp lowered their price target on shares of Klaviyo from $45.00 to $40.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Robert W. Baird set a $34.00 price objective on Klaviyo in a research note on Wednesday, February 11th. Morgan Stanley reissued an “overweight” rating and issued a $38.00 target price on shares of Klaviyo in a report on Wednesday, February 11th. Mizuho set a $37.00 target price on Klaviyo in a research report on Wednesday, February 11th. Finally, Benchmark decreased their price target on Klaviyo from $46.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $34.24.

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.