Klaviyo (NYSE:KVYO) CEO Andrew Bialecki Sells 212,529 Shares

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 212,529 shares of the firm’s stock in a transaction on 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 completion of the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, May 19th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.88, for a total value of $2,976,000.00.
• On Tuesday, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total value of $2,922,000.00.
• 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.

Klaviyo Stock Up 3.6%

Shares of KVYO stock opened at $14.72 on Friday. Klaviyo, Inc. has a fifty-two week low of $13.53 and a fifty-two week high of $36.76. The stock has a market cap of $4.40 billion, a P/E ratio of -367.83 and a beta of 0.79. The business has a fifty day simple moving average of $17.58 and a 200-day simple moving average of $22.57.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $358.01 million during the quarter, compared to analysts’ expectations of $348.57 million. During the same quarter last year, the business posted $0.14 earnings per share. The business’s revenue for the quarter was up 27.9% on a year-over-year basis. On average, sell-side analysts anticipate that Klaviyo, Inc. will post 0.25 earnings per share for the current year.

Institutional Investors Weigh In On Klaviyo

A number of institutional investors have recently added to or reduced their stakes in the company. Lavelle Capital LP purchased a new stake in Klaviyo during the first quarter valued at about $994,000. Bank of America Corp DE grew its holdings in shares of Klaviyo by 88.9% during the 1st quarter. Bank of America Corp DE now owns 1,686,770 shares of the company’s stock worth $32,825,000 after purchasing an additional 793,613 shares during the period. Janus Henderson Group PLC grew its holdings in shares of Klaviyo by 15.6% during the 1st quarter. Janus Henderson Group PLC now owns 1,025,134 shares of the company’s stock worth $19,951,000 after purchasing an additional 138,356 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Klaviyo by 2,085.1% during the 1st 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. Finally, California State Teachers Retirement System grew its holdings in shares of Klaviyo by 36.6% during the 1st quarter. California State Teachers Retirement System now owns 155,422 shares of the company’s stock worth $3,025,000 after purchasing an additional 41,656 shares during the period. Hedge funds and other institutional investors own 45.43% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on KVYO. Citigroup boosted their price target on Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Klaviyo in a research report on Wednesday, May 20th. Wall Street Zen upgraded Klaviyo from a “hold” rating to a “buy” rating in a research report on Sunday, March 22nd. Wells Fargo & Company lowered their price target on Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Finally, BTIG Research lowered their price target on Klaviyo from $40.00 to $30.00 and set a “buy” rating for the company in a report on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and a consensus target price 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.