M&G PLC Makes New Investment in Klaviyo, Inc. $KVYO

M&G PLC acquired a new position in shares of Klaviyo, Inc. (NYSE:KVYO) during the third quarter, Holdings Channel.com reports. The institutional investor acquired 42,910 shares of the company’s stock, valued at approximately $1,201,000.

Several other large investors have also recently bought and sold shares of KVYO. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in shares of Klaviyo during the 2nd quarter worth $31,000. First Horizon Advisors Inc. bought a new position in Klaviyo in the 2nd quarter worth about $37,000. Osaic Holdings Inc. grew its position in Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in shares of Klaviyo in the second quarter valued at approximately $89,000. Finally, CWM LLC grew its stake in shares of Klaviyo by 282.6% in the second quarter. CWM LLC now owns 3,558 shares of the company’s stock worth $119,000 after purchasing an additional 2,628 shares in the last quarter. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Klaviyo Stock Down 4.5%

KVYO stock opened at $17.77 on Wednesday. Klaviyo, Inc. has a 12-month low of $16.93 and a 12-month high of $47.74. The company has a 50 day moving average of $26.44 and a two-hundred day moving average of $28.34. The company has a market cap of $5.37 billion, a price-to-earnings ratio of -148.07 and a beta of 1.13.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The firm’s revenue for the quarter was up 29.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 EPS. On average, research analysts anticipate that Klaviyo, Inc. will post 0.04 EPS for the current year.

Insider Activity

In other Klaviyo news, CEO Andrew Bialecki sold 167,926 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Ed Hallen sold 117,550 shares of Klaviyo stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the transaction, the director directly owned 133,624 shares in the company, valued at approximately $4,056,824.64. This represents a 46.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,653,269 shares of company stock valued at $46,973,257 in the last three months. 53.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on KVYO shares. Citigroup decreased their price objective on shares of Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Cantor Fitzgerald dropped their target price on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Wednesday, February 11th. Needham & Company LLC decreased their price target on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating on the stock in a research report on Wednesday, February 11th. Mizuho set a $37.00 price objective on Klaviyo in a research report on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $32.00 target price on Klaviyo in a report on Wednesday, February 11th. Twenty investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus 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.