Insider Selling: Klaviyo (NYSE:KVYO) Insider Sells $1,069,994.73 in Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 53,473 shares of the 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 transaction, the insider directly owned 485,969 shares of the company’s stock, valued at approximately $9,724,239.69. The trade was a 9.91% decrease in their position. The transaction was disclosed in a filing with the SEC, 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 value of $165,625.32.

Klaviyo Stock Up 2.2%

Shares of NYSE KVYO opened at $19.73 on Friday. The stock has a market cap of $5.62 billion, a P/E ratio of 986.99 and a beta of 0.57. The firm’s 50-day simple moving average is $17.79 and its 200 day simple moving average is $17.42. Klaviyo, Inc. has a fifty-two week low of $12.53 and a fifty-two week high of $36.22.

Klaviyo (NYSE:KVYO) last announced its earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.19. The firm had revenue of $370.58 million during the quarter, compared to analyst estimates 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 quarter in the prior year, the firm posted $0.16 EPS. On average, sell-side analysts anticipate that Klaviyo, Inc. will post 0.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms recently commented on KVYO. Piper Sandler lowered their price objective on shares of Klaviyo from $26.00 to $23.00 and set an “overweight” rating on the stock in a research note on Thursday, August 6th. Robert W. Baird set a $25.00 price target on Klaviyo in a research report on Thursday, August 6th. Stifel Nicolaus dropped their price objective on Klaviyo from $24.00 to $22.00 and set a “buy” rating on the stock in a research note 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, TD Cowen decreased their target price on Klaviyo from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.14.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in KVYO. Caitong International Asset Management Co. Ltd lifted its position 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 acquiring an additional 908 shares in the last quarter. Quarry LP purchased a new position in Klaviyo during the 3rd quarter worth approximately $44,000. Osaic Holdings Inc. grew its position in Klaviyo by 317.0% during 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 in the last quarter. Optiver Holding B.V. acquired a new stake in Klaviyo during the 1st quarter valued at $39,000. Finally, Rockefeller Capital Management L.P. raised its stake in Klaviyo by 2,641.0% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company’s stock valued at $104,000 after purchasing an additional 3,090 shares during the period. 45.43% of the stock is owned by hedge funds and other institutional investors.

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.