Klaviyo (NYSE:KVYO) Shares Down 6.5% – What’s Next?

Klaviyo, Inc. (NYSE:KVYO) fell 6.5% during trading on Wednesday . The stock traded as low as $16.38 and last traded at $16.3560. 532,374 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 5,345,796 shares. The stock had previously closed at $17.50.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Citigroup increased their price objective on Klaviyo from $29.00 to $31.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. KeyCorp reduced their price objective on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. The Goldman Sachs Group set a $26.00 price objective on Klaviyo and gave the company a “buy” rating in a research note on Wednesday, June 24th. Scotiabank set a $32.00 target price on Klaviyo in a report on Wednesday, June 17th. Finally, Jefferies Financial Group set a $25.00 target price on Klaviyo in a research report on Saturday, May 9th. One equities 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 given a Sell rating to the company’s stock. According to data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and a consensus price target of $30.81.

Klaviyo Price Performance

The stock’s 50 day simple moving average is $15.45 and its two-hundred day simple moving average is $18.81. The company has a market capitalization of $4.87 billion, a P/E ratio of -406.35 and a beta of 0.63.

Klaviyo (NYSE:KVYO) last released its earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share (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 company had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. During the same period in the prior year, the company posted $0.14 EPS. The company’s revenue was up 27.9% compared to the same quarter last year. As a group, equities research analysts expect that Klaviyo, Inc. will post 0.25 earnings per share for the current year.

Insider Activity at Klaviyo

In related news, Director Ledger Susan St. sold 9,334 shares of Klaviyo stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $14.27, for a total transaction of $133,196.18. Following the transaction, 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 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 the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $14.61, for a total transaction of $3,105,048.69. Following the completion of the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at $3,105,048.69. The trade was a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 649,863 shares of company stock worth $9,521,105 in the last ninety days. Company insiders own 37.42% of the company’s stock.

Institutional Trading of Klaviyo

Hedge funds have recently added to or reduced their stakes in the business. Capital International Investors bought a new position in Klaviyo during the fourth quarter worth about $415,254,000. Morgan Stanley increased its holdings in shares of 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 acquiring an additional 3,855,160 shares in the last quarter. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Klaviyo in the 4th quarter valued at approximately $92,675,000. JPMorgan Chase & Co. increased its stake in Klaviyo by 86.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock worth $115,747,000 after purchasing an additional 1,656,912 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the period. Institutional investors and hedge funds 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.