Andrew Bialecki Sells 200,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $14.61, for a total value of $2,922,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares in the company, valued at $2,922,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $17.19, for a total value of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.63, for a total value of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total value of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.17, for a total value of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $16.76, for a total value of $3,352,000.00.

Klaviyo Stock Up 0.3%

KVYO opened at $14.38 on Friday. The firm has a market capitalization of $4.30 billion, a P/E ratio of -359.31 and a beta of 0.79. The stock’s 50 day moving average price is $18.52 and its two-hundred day moving average price is $23.35. Klaviyo, Inc. has a 12-month low of $13.53 and a 12-month high of $36.76.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The company had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. During the same quarter last year, the firm earned $0.14 EPS. Klaviyo’s revenue for the quarter was up 27.9% compared to the same quarter last year. As a group, analysts anticipate that Klaviyo, Inc. will post 0.25 earnings per share for the current year.

Hedge Funds Weigh In On Klaviyo

Several institutional investors have recently bought and sold shares of KVYO. Royal Bank of Canada raised its position in Klaviyo by 59.4% in the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after purchasing an additional 3,730 shares during the last quarter. Amundi raised its position in Klaviyo by 109.7% in the 1st quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after purchasing an additional 7,514 shares during the last quarter. AQR Capital Management LLC bought a new position in Klaviyo in the 1st quarter valued at $359,000. Woodline Partners LP raised its position in Klaviyo by 54.5% in the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock valued at $376,000 after purchasing an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Klaviyo by 40.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock valued at $4,483,000 after purchasing an additional 42,980 shares during the last quarter. Institutional investors own 45.43% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Wall Street Zen raised Klaviyo from a “hold” rating to a “buy” rating in a report on Sunday, March 22nd. Piper Sandler decreased their price objective on Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, May 6th. Citigroup lifted their price objective on Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. TD Cowen reissued a “buy” rating on shares of Klaviyo in a report on Wednesday, February 11th. Finally, Mizuho set a $37.00 price objective on Klaviyo in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and a consensus price target of $31.40.

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.