Klaviyo (NYSE:KVYO) Shares Gap Down – Time to Sell?

Klaviyo, Inc. (NYSE:KVYO)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $17.46, but opened at $16.50. Klaviyo shares last traded at $17.3920, with a volume of 277,192 shares changing hands.

Analyst Ratings Changes

KVYO has been the subject of several recent analyst reports. Barclays cut their price objective on Klaviyo from $31.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Benchmark decreased their price objective on Klaviyo from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Jefferies Financial Group set a $25.00 price target on shares of Klaviyo in a research report on Saturday, May 9th. Citigroup boosted their price objective on shares of Klaviyo from $29.00 to $31.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Piper Sandler cut their price objective on shares of Klaviyo from $30.00 to $26.00 and set an “overweight” rating for the company in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.81.

Klaviyo Stock Up 0.3%

The business has a fifty day moving average of $15.32 and a 200 day moving average of $19.44. The company has a market cap of $5.24 billion, a P/E ratio of -439.02 and a beta of 0.63.

Klaviyo (NYSE:KVYO) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.03. The business had revenue of $358.01 million for the quarter, compared to analysts’ expectations of $348.57 million. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The firm’s revenue for the quarter was up 27.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 earnings per share. On average, sell-side analysts anticipate that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Insider Activity at Klaviyo

In related news, insider Landon Edmond sold 9,623 shares of the stock in a transaction dated Monday, April 20th. The shares were sold at an average price of $20.00, for a total value of $192,460.00. Following the completion of the transaction, the insider directly owned 584,124 shares of the company’s stock, valued at $11,682,480. This represents a 1.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the firm’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the sale, the director owned 10,939 shares of the company’s stock, valued at $156,099.53. This trade represents a 46.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 673,486 shares of company stock valued at $9,973,125. 37.42% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Capital International Investors bought a new stake in shares of Klaviyo during the fourth quarter valued at approximately $415,254,000. Morgan Stanley raised 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 in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Klaviyo during the fourth quarter valued at $92,675,000. JPMorgan Chase & Co. lifted its position in 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 buying an additional 1,656,912 shares during the period. Finally, Vanguard Group Inc. boosted its holdings in shares of Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock valued at $466,319,000 after buying an additional 1,573,812 shares in the last quarter. Institutional investors own 45.43% of the company’s stock.

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.