Andrew Bialecki Sells 212,529 Shares of Klaviyo (NYSE:KVYO) Stock
by Renee Jackson · The Cerbat GemKlaviyo, Inc. (NYSE:KVYO – Get Free Report) CEO Andrew Bialecki sold 212,529 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the transaction, the chief executive officer owned 212,529 shares in the company, valued at $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 accessible through the SEC website. 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 stock was 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 transaction of $3,728,000.00.
Klaviyo Stock Performance
Shares of NYSE:KVYO traded up $0.51 during trading on Thursday, reaching $14.72. 6,060,502 shares of the stock traded hands, compared to its average volume of 8,698,671. The stock has a 50-day moving average of $17.58 and a two-hundred day moving average of $22.57. Klaviyo, Inc. has a 52-week low of $13.53 and a 52-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.
Klaviyo (NYSE:KVYO – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The firm had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The business’s revenue for the quarter was up 27.9% on a year-over-year basis. Sell-side analysts expect that Klaviyo, Inc. will post 0.25 earnings per share for the current year.
Institutional Trading of Klaviyo
A number of institutional investors and hedge funds have recently bought and sold shares of KVYO. Royal Bank of Canada increased its holdings 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 acquiring an additional 3,730 shares during the last quarter. Amundi increased its holdings in shares of Klaviyo by 109.7% in the first quarter. Amundi now owns 14,361 shares of the company’s stock worth $400,000 after purchasing an additional 7,514 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of Klaviyo in the first quarter worth about $359,000. Woodline Partners LP increased its holdings in shares of Klaviyo by 54.5% in the first quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after purchasing an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Klaviyo by 40.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock worth $4,483,000 after purchasing an additional 42,980 shares during the last quarter. 45.43% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
Several research firms recently weighed in on KVYO. Mizuho set a $37.00 target price on Klaviyo in a research report on Wednesday, February 11th. Jefferies Financial Group set a $25.00 price target on Klaviyo in a report on Saturday, May 9th. Needham & Company LLC decreased their price target on Klaviyo from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Cantor Fitzgerald decreased their price target on Klaviyo from $35.00 to $28.00 and set an “overweight” rating on the stock in a report on Wednesday, April 15th. Finally, Canaccord Genuity Group set a $32.00 price target on Klaviyo 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $31.40.
View Our Latest Report on Klaviyo
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.
Further Reading
- Five stocks we like better than Klaviyo
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying