Klaviyo, Inc. $KVYO Shares Purchased by Sands Capital Alternatives LLC

Sands Capital Alternatives LLC grew its holdings in Klaviyo, Inc. (NYSE:KVYO) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,649,678 shares of the company’s stock after purchasing an additional 134,613 shares during the quarter. Klaviyo makes up approximately 22.9% of Sands Capital Alternatives LLC’s holdings, making the stock its biggest holding. Sands Capital Alternatives LLC’s holdings in Klaviyo were worth $118,505,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Mariner LLC boosted its stake in shares of Klaviyo by 6.9% in the 4th quarter. Mariner LLC now owns 81,886 shares of the company’s stock valued at $2,659,000 after purchasing an additional 5,276 shares during the last quarter. Fieldview Capital Management LLC bought a new position in shares of Klaviyo in the 4th quarter valued at about $347,000. Barclays PLC boosted its stake in shares of Klaviyo by 27.2% in the 4th quarter. Barclays PLC now owns 58,292 shares of the company’s stock valued at $1,893,000 after purchasing an additional 12,459 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Klaviyo by 40.1% in the 4th quarter. The Manufacturers Life Insurance Company now owns 61,810 shares of the company’s stock valued at $2,007,000 after purchasing an additional 17,696 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of Klaviyo by 21.7% in the 4th quarter. Stifel Financial Corp now owns 26,051 shares of the company’s stock valued at $846,000 after purchasing an additional 4,647 shares during the last quarter. Institutional investors own 45.43% of the company’s stock.

Klaviyo Price Performance

Klaviyo stock opened at $14.18 on Monday. The company’s 50 day simple moving average is $16.87 and its 200 day simple moving average is $21.60. Klaviyo, Inc. has a fifty-two week low of $13.53 and a fifty-two week high of $36.76. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of -354.39 and a beta of 0.63.

Klaviyo (NYSE:KVYO) last released its quarterly earnings data on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $358.01 million for the quarter, compared to analyst estimates of $348.57 million. During the same quarter last year, the firm earned $0.14 EPS. Klaviyo’s quarterly revenue was up 27.9% compared to the same quarter last year. As a group, analysts predict that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Insider Buying and Selling

In related news, 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 transaction, the insider owned 584,124 shares of the company’s stock, valued at $11,682,480. This trade represents a 1.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Bialecki sold 212,529 shares of Klaviyo stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the transaction, the chief executive officer directly owned 212,529 shares in the company, valued at $3,105,048.69. The trade was a 50.00% 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 1,459,486 shares of company stock valued at $24,459,905 in the last 90 days. 37.42% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on KVYO shares. William Blair reaffirmed an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Benchmark reduced their target price on shares of Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Piper Sandler reduced their target price on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Stifel Nicolaus reduced their target price on shares of Klaviyo from $35.00 to $28.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Finally, Jefferies Financial Group set a $25.00 target price on shares of Klaviyo in a research note on Saturday, May 9th. Eighteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $31.40.

Klaviyo Company 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.