Klaviyo (NYSE:KVYO) Cut to Hold at Wall Street Zen

Wall Street Zen cut shares of Klaviyo (NYSE:KVYO) from a buy rating to a hold rating in a report published on Saturday.

Several other equities analysts also recently issued reports on KVYO. Stephens boosted their price target on shares of Klaviyo from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. BTIG Research lowered their price target on Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Stifel Nicolaus lowered their price objective on shares of Klaviyo from $24.00 to $22.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Truist Financial decreased their price target on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday. Finally, Citigroup lifted their price target on Klaviyo from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday. One 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 issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $27.14.

Klaviyo Stock Up 7.8%

Shares of NYSE KVYO opened at $17.91 on Friday. Klaviyo has a fifty-two week low of $12.53 and a fifty-two week high of $36.22. The business has a 50 day moving average price of $16.23 and a two-hundred day moving average price of $17.85. The firm has a market cap of $5.36 billion, a PE ratio of 895.95 and a beta of 0.53.

Klaviyo (NYSE:KVYO) last announced its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The company had revenue of $370.58 million for the quarter, compared to analyst estimates of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.Klaviyo’s quarterly revenue was up 26.4% on a year-over-year basis. During the same period in the prior year, the company posted $0.16 EPS. On average, analysts anticipate that Klaviyo will post 0.25 earnings per share for the current year.

Insiders Place Their Bets

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the sale, the chief financial officer directly owned 852,192 shares in the company, valued at approximately $11,274,500.16. This trade represents a 1.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total value of $3,105,048.69. Following the transaction, the chief executive officer directly owned 212,529 shares in the company, valued at approximately $3,105,048.69. This trade represents a 50.00% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 449,863 shares of company stock worth $6,599,105. 37.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in KVYO. Vanguard Group Inc. raised its stake in shares of Klaviyo by 12.3% during 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 in the last quarter. Jefferies Financial Group Inc. grew its stake in shares of Klaviyo by 2,320.7% in the 4th quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after buying an additional 436,204 shares in the last quarter. Delta Global Management LP grew its stake in shares of Klaviyo by 52.7% in the 4th quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock valued at $25,499,000 after buying an additional 270,944 shares in the last quarter. Huntington National Bank increased its holdings in Klaviyo by 117.1% in the fourth quarter. Huntington National Bank now owns 166,501 shares of the company’s stock worth $5,406,000 after buying an additional 89,800 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its holdings in Klaviyo by 8.9% in the first quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock worth $29,348,000 after buying an additional 123,480 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

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.