Klaviyo, Inc. (NYSE:KVYO) Short Interest Update

Klaviyo, Inc. (NYSE:KVYO) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 12,553,986 shares, a growth of 25.1% from the March 31st total of 10,038,330 shares. Approximately 8.2% of the company’s stock are short sold. Based on an average daily volume of 4,057,750 shares, the short-interest ratio is currently 3.1 days.

Analyst Ratings Changes

KVYO has been the topic of a number of analyst reports. Jefferies Financial Group reiterated a “buy” rating on shares of Klaviyo in a research note on Tuesday. Cantor Fitzgerald dropped 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. Barclays dropped their price objective on shares of Klaviyo from $42.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Stephens dropped their price target on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Finally, Zacks Research lowered shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Eighteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $33.19.

Insider Activity

In other news, CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $17.19, for a total transaction of $3,438,000.00. Following the sale, the chief executive officer owned 200,000 shares in the company, valued at $3,438,000. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of Klaviyo stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the sale, the insider owned 584,124 shares in the company, valued at $11,682,480. This represents a 1.62% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,473,909 shares of company stock worth $27,200,157 over the last 90 days. Company insiders own 49.92% of the company’s stock.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds have recently added to or reduced their stakes in KVYO. Capital International Investors acquired a new position in Klaviyo in the fourth quarter worth $415,254,000. Morgan Stanley boosted its holdings in Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after purchasing an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new position in Klaviyo in the fourth quarter worth $92,675,000. Vanguard Group Inc. boosted its holdings in Klaviyo by 19.2% in the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company’s stock worth $354,092,000 after purchasing an additional 2,059,550 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Klaviyo by 86.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock valued at $115,747,000 after acquiring an additional 1,656,912 shares during the period. Institutional investors and hedge funds own 45.43% of the company’s stock.

Klaviyo Trading Up 10.1%

Klaviyo stock traded up $2.04 during mid-day trading on Friday, reaching $22.13. The company’s stock had a trading volume of 6,056,502 shares, compared to its average volume of 4,221,832. The firm has a market cap of $6.74 billion, a price-to-earnings ratio of -184.39 and a beta of 0.79. The business has a 50 day moving average price of $18.85 and a 200-day moving average price of $23.93. Klaviyo has a twelve month low of $15.53 and a twelve month high of $37.79.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.02. The firm had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The firm’s revenue was up 29.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.07 earnings per share. On average, equities analysts expect that Klaviyo will post 0.22 EPS for the current fiscal year.

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.