Klaviyo (NYSE:KVYO) CFO Sells 14,000 Shares of Stock

by · The Cerbat Gem

Klaviyo, Inc. (NYSE:KVYOGet Free Report) CFO Amanda Whalen sold 14,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $18.47, for a total transaction of $258,580.00. Following the transaction, the chief financial officer directly owned 824,192 shares of the company’s stock, valued at approximately $15,222,826.24. This trade represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Amanda Whalen also recently made the following trade(s):

  • On Thursday, June 18th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The shares were sold at an average price of $13.23, for a total value of $185,220.00.

Klaviyo Price Performance

Klaviyo stock traded up $0.26 during mid-day trading on Tuesday, hitting $17.80. 5,156,902 shares of the company were exchanged, compared to its average volume of 6,723,008. Klaviyo, Inc. has a 12-month low of $12.53 and a 12-month high of $36.22. The company has a market capitalization of $5.07 billion, a P/E ratio of 92.45 and a beta of 0.53. The business’s 50 day simple moving average is $16.52 and its two-hundred day simple moving average is $17.53.

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

Institutional Inflows and Outflows

A number of hedge funds and other 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% during 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. acquired a new stake in shares of Klaviyo during the first quarter valued at about $39,000. Quarry LP purchased a new stake in shares of Klaviyo during the third quarter worth about $44,000. Osaic Holdings Inc. lifted its stake in shares of Klaviyo by 317.0% in the second quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after acquiring an additional 1,284 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its holdings in Klaviyo by 2,085.1% in the first quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the company’s stock valued at $74,000 after purchasing an additional 3,628 shares during the last quarter. Institutional investors and hedge funds own 45.43% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on KVYO shares. Truist Financial decreased their target price on shares of Klaviyo from $35.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Morgan Stanley set a $31.00 price objective on Klaviyo in a report on Thursday, August 6th. The Goldman Sachs Group set a $26.00 target price on Klaviyo and gave the company a “buy” rating in a research note on Wednesday, June 24th. Stephens lifted their price target on Klaviyo from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. Finally, Scotiabank set a $32.00 price objective on shares of Klaviyo in a research note on Wednesday, June 17th. One investment 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 stock. According to data from MarketBeat, Klaviyo presently has a consensus rating of “Moderate Buy” and an average target price of $27.14.

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Klaviyo Company Profile

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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.

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