Amanda Whalen Sells 14,000 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) CFO Amanda Whalen sold 14,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $18.47, for a total transaction of $258,580.00. Following the completion of the transaction, the chief financial officer directly owned 824,192 shares of the company’s stock, valued at approximately $15,222,826.24. This trade represents a 1.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Amanda Whalen also recently made the following trade(s):

• On Thursday, June 18th, Amanda Whalen sold 14,000 shares of Klaviyo stock. The stock was sold at an average price of $13.23, for a total value of $185,220.00.

Klaviyo Price Performance

KVYO opened at $18.24 on Thursday. The stock has a market cap of $5.19 billion, a P/E ratio of 912.26 and a beta of 0.54. The stock’s 50 day simple moving average is $16.60 and its 200 day simple moving average is $17.50. Klaviyo, Inc. has a 1-year low of $12.53 and a 1-year high of $36.22.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.19 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. Klaviyo had a return on equity of 5.67% and a net margin of 0.49%.Klaviyo’s revenue was up 26.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.16 earnings per share. Research analysts expect that Klaviyo, Inc. will post 0.2 EPS for the current fiscal year.

Analysts Set New Price Targets

KVYO has been the topic of a number of research reports. Weiss Ratings raised shares of Klaviyo from a “sell (e+)” rating to a “sell (d)” rating in a research note on Thursday, August 6th. KeyCorp cut their target price on shares of Klaviyo from $35.00 to $29.00 and set an “overweight” rating for the company in a research report on Thursday, August 6th. Mizuho set a $28.00 price target on shares of Klaviyo in a research report on Thursday, August 6th. Wall Street Zen cut shares of Klaviyo from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Citigroup lifted their price objective on Klaviyo from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.14.

Hedge Funds Weigh In On Klaviyo

Several large investors have recently added to or reduced their stakes in the business. Capital International Investors purchased a new position in shares of Klaviyo in the 4th quarter worth $415,254,000. Morgan Stanley grew its position in Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock valued at $472,344,000 after acquiring an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in Klaviyo during the fourth quarter worth about $92,675,000. JPMorgan Chase & Co. increased its stake in Klaviyo by 86.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company’s stock worth $115,747,000 after acquiring an additional 1,656,912 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Klaviyo by 12.3% in the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after purchasing an additional 1,573,812 shares during the period. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

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.