Landon Edmond Sells 53,473 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 53,473 shares of the firm’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $20.01, for a total value of $1,069,994.73. Following the completion of the sale, the insider directly owned 485,969 shares of the company’s stock, valued at $9,724,239.69. This trade represents a 9.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Landon Edmond also recently made the following trade(s):

• On Monday, August 31st, Landon Edmond sold 8,103 shares of Klaviyo stock. The shares were sold at an average price of $20.44, for a total transaction of $165,625.32.

Klaviyo Trading Down 6.1%

Shares of KVYO opened at $19.39 on Thursday. Klaviyo, Inc. has a 12-month low of $12.53 and a 12-month high of $36.22. The firm has a 50-day moving average price of $17.67 and a 200 day moving average price of $17.41. The firm has a market capitalization of $5.52 billion, a P/E ratio of 969.93 and a beta of 0.57.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. Klaviyo’s revenue was up 26.4% compared to the same quarter last year. During the same period last year, the business earned $0.16 earnings per share. Equities research analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KVYO has been the topic of several analyst reports. Needham & Company LLC reaffirmed a “buy” rating on shares of Klaviyo in a research report on Wednesday. Barclays reduced their target price on Klaviyo from $25.00 to $22.00 and set an “overweight” rating on the stock in a research report on Thursday, August 6th. Stifel Nicolaus lowered their price target on Klaviyo from $24.00 to $22.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Jefferies Financial Group restated a “buy” rating and issued a $21.00 price objective on shares of Klaviyo in a report on Thursday, August 6th. Finally, Scotiabank set a $32.00 target price on shares of Klaviyo in a research note on Wednesday, June 17th. One 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 company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.14.

Institutional Investors Weigh In On Klaviyo

A number of institutional investors have recently modified their holdings of KVYO. Caitong International Asset Management Co. Ltd raised its holdings in shares of Klaviyo by 1,650.9% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock valued at $27,000 after buying an additional 908 shares during the period. Optiver Holding B.V. purchased a new position in Klaviyo during the 1st quarter valued at about $39,000. Quarry LP purchased a new position in Klaviyo during the 3rd quarter valued at about $44,000. 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 valued at $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Klaviyo by 2,085.1% during the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock worth $74,000 after purchasing an additional 3,628 shares during the period. 45.43% of the stock is owned by institutional investors and hedge funds.

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.