WCM Investment Management LLC Lowers Stock Position in Klaviyo, Inc. $KVYO

WCM Investment Management LLC cut its holdings in Klaviyo, Inc. (NYSE:KVYO) by 37.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 389,303 shares of the company’s stock after selling 229,862 shares during the quarter. WCM Investment Management LLC owned approximately 0.13% of Klaviyo worth $10,780,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Cooper Creek Partners Management LLC purchased a new stake in Klaviyo in the second quarter worth about $57,109,000. Norges Bank purchased a new stake in shares of Klaviyo in the 2nd quarter worth approximately $52,629,000. American Century Companies Inc. increased its position in Klaviyo by 123.4% during the 2nd quarter. American Century Companies Inc. now owns 2,685,480 shares of the company’s stock valued at $90,178,000 after buying an additional 1,483,427 shares in the last quarter. Fiera Capital Corp purchased a new position in Klaviyo during the second quarter valued at $42,645,000. Finally, JPMorgan Chase & Co. raised its stake in Klaviyo by 105.1% during the second quarter. JPMorgan Chase & Co. now owns 1,692,854 shares of the company’s stock valued at $56,846,000 after buying an additional 867,666 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

Klaviyo Stock Down 10.7%

KVYO opened at $20.15 on Wednesday. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of -83.93 and a beta of 1.13. The firm has a 50 day moving average price of $28.39 and a 200-day moving average price of $29.26. Klaviyo, Inc. has a twelve month low of $19.87 and a twelve month high of $49.55.

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

Analyst Ratings Changes

Several brokerages have recently weighed in on KVYO. William Blair restated an “outperform” rating on shares of Klaviyo in a report on Monday, November 17th. Barclays reduced their price objective on shares of Klaviyo from $43.00 to $42.00 and set an “overweight” rating for the company in a research note on Monday, January 12th. Macquarie dropped their target price on shares of Klaviyo from $37.00 to $30.00 and set a “neutral” rating on the stock in a research note on Tuesday, November 11th. Morgan Stanley cut their price target on shares of Klaviyo from $46.00 to $42.00 and set an “overweight” rating on the stock in a report on Thursday, January 15th. Finally, Stifel Nicolaus reduced their price target on shares of Klaviyo from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have assigned 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 an average target price of $41.05.

Insider Buying and Selling

In related news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $361,620.00. Following the completion of the sale, the chief financial officer owned 442,219 shares in the company, valued at approximately $11,422,516.77. This represents a 3.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Andrew Bialecki sold 155,219 shares of the stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $25.33, for a total value of $3,931,697.27. The SEC filing for this sale provides additional information. Insiders sold 1,862,901 shares of company stock valued at $52,846,182 over the last 90 days. Company insiders own 53.24% of the company’s stock.

Klaviyo 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.