Whetstone Capital Advisors LLC Invests $1.34 Million in Klaviyo, Inc. $KVYO

Whetstone Capital Advisors LLC acquired a new stake in Klaviyo, Inc. (NYSE:KVYO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 88,946 shares of the company’s stock, valued at approximately $1,343,000.

Other hedge funds have also made changes to their positions in the company. Jefferies Financial Group Inc. boosted its stake in Klaviyo by 2,320.7% during the 4th quarter. Jefferies Financial Group Inc. now owns 455,000 shares of the company’s stock valued at $14,774,000 after purchasing an additional 436,204 shares in the last quarter. Huntington National Bank raised its stake in shares of Klaviyo by 117.1% in the 4th quarter. Huntington National Bank now owns 166,501 shares of the company’s stock worth $5,406,000 after buying an additional 89,800 shares in the last quarter. Delta Global Management LP raised its stake in shares of Klaviyo by 52.7% in the 4th quarter. Delta Global Management LP now owns 785,308 shares of the company’s stock worth $25,499,000 after buying an additional 270,944 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of Klaviyo by 8.9% in the first quarter. Bank of New York Mellon Corp now owns 1,508,137 shares of the company’s stock valued at $29,348,000 after buying an additional 123,480 shares during the period. Finally, Barton Investment Management lifted its holdings in shares of Klaviyo by 56.7% in the first quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock valued at $20,434,000 after buying an additional 380,010 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Wall Street Analysts Forecast Growth

KVYO has been the topic of a number of research analyst reports. Wall Street Zen lowered Klaviyo from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup reissued a “buy” rating on shares of Klaviyo in a report on Tuesday. Truist Financial reduced their price objective on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. TD Cowen lowered their price objective on shares of Klaviyo from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, BTIG Research dropped their target price on shares of Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.14.

Insider Activity

In related news, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $18.47, for a total value of $258,580.00. Following the completion of the sale, the chief financial officer owned 824,192 shares in the company, valued at approximately $15,222,826.24. This represents a 1.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Landon Edmond sold 53,473 shares of the firm’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $20.01, for a total transaction 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 $9,724,239.69. This represents a 9.91% 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. In the last ninety days, insiders sold 5,188,358 shares of company stock valued at $92,252,475. 37.42% of the stock is currently owned by insiders.

Klaviyo Stock Down 9.3%

NYSE:KVYO opened at $16.23 on Thursday. The stock has a fifty day simple moving average of $17.99 and a 200 day simple moving average of $17.41. The firm has a market capitalization of $4.62 billion, a price-to-earnings ratio of 812.16 and a beta of 0.57. Klaviyo, Inc. has a 1-year low of $12.53 and a 1-year high of $36.22.

Klaviyo (NYSE:KVYO) last posted 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. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.The firm had revenue of $370.58 million for the quarter, compared to the consensus estimate of $362.08 million. During the same quarter in the previous year, the company earned $0.16 EPS. The business’s revenue for the quarter was up 26.4% compared to the same quarter last year. Equities analysts predict that Klaviyo, Inc. will post 0.2 earnings per share for the current year.

Klaviyo 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.