Klaviyo (NYSE:KVYO) Trading Up 7.8% – Here’s What Happened

Klaviyo, Inc. (NYSE:KVYO) shot up 7.8% during mid-day trading on Monday . The stock traded as high as $17.78 and last traded at $17.6780. Approximately 1,023,728 shares were traded during mid-day trading, a decline of 81% from the average session volume of 5,300,905 shares. The stock had previously closed at $16.40.

Analyst Upgrades and Downgrades

KVYO has been the topic of several research analyst reports. Citigroup boosted their price target on Klaviyo from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Friday. Stifel Nicolaus dropped their target price on Klaviyo from $28.00 to $24.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Benchmark cut their price target on shares of Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a research report on Wednesday, April 29th. Finally, Cantor Fitzgerald cut their price objective on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Klaviyo presently has a consensus rating of “Moderate Buy” and an average target price of $30.95.

Klaviyo Stock Performance

The firm’s 50 day moving average is $15.56 and its 200-day moving average is $18.51. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of -454.06 and a beta of 0.63.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating 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 period last year, the company earned $0.14 earnings per share. Klaviyo’s quarterly revenue was up 27.9% compared to the same quarter last year. As a group, sell-side analysts forecast that Klaviyo, Inc. will post 0.25 earnings per share for the current year.

Insiders Place Their Bets

In other Klaviyo news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $13.23, for a total transaction of $185,220.00. Following the completion of the transaction, the chief financial officer directly owned 852,192 shares in the company, valued at approximately $11,274,500.16. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of Klaviyo stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the sale, the director owned 10,939 shares in the company, valued at approximately $156,099.53. This trade represents a 46.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 649,863 shares of company stock worth $9,521,105. Company insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Institutional investors have recently made changes to their positions in the company. Royal Bank of Canada raised its stake 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 shares of Klaviyo by 109.7% in the first quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after buying an additional 7,514 shares during the last quarter. AQR Capital Management LLC purchased a new position in shares of Klaviyo in the first quarter worth about $359,000. Woodline Partners LP boosted its position in Klaviyo by 54.5% during the first quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after acquiring an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in Klaviyo by 40.9% during 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 acquiring an additional 42,980 shares in the last quarter. 45.43% of the stock is owned by institutional investors and hedge funds.

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.