Andrew Bialecki Sells 212,529 Shares of Klaviyo (NYSE:KVYO) Stock

Key Points

• Klaviyo CEO Andrew Bialecki sold 212,529 shares on Tuesday at an average price of $14.61, totaling about $3.1 million. The filing notes the trade was executed under a pre-arranged Rule 10b5-1 plan.
• This was part of a steady pattern of insider selling by Bialecki, who has also sold 200,000 shares in multiple prior transactions over recent weeks and months. After the latest sale, his direct ownership fell by 50%.
• Klaviyo’s stock has been under pressure, trading near $14.72 versus a 50-day average of $17.58 and a 200-day average of $22.57. Despite that, the company recently beat quarterly EPS and revenue estimates, and analysts still carry a Moderate Buy consensus with a $31.40 target.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 212,529 shares of the business's stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the sale, the chief executive officer directly owned 212,529 shares of the company's stock, valued at $3,105,048.69. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, May 19th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.88, for a total value of $2,976,000.00.
• On Tuesday, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total value of $2,922,000.00.
• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $17.19, for a total value of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.63, for a total value of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total value of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.17, for a total value of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total value of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.64, for a total value of $3,728,000.00.

Klaviyo Stock Performance

NYSE KVYO traded up $0.51 on Thursday, hitting $14.72. 6,060,502 shares of the stock traded hands, compared to its average volume of 8,698,671. The business's fifty day moving average is $17.58 and its two-hundred day moving average is $22.57. Klaviyo, Inc. has a 12 month low of $13.53 and a 12 month high of $36.76. The firm has a market capitalization of $4.40 billion, a price-to-earnings ratio of -367.83 and a beta of 0.79.

Klaviyo (NYSE:KVYO - Get Free Report) last announced its quarterly earnings data 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. Klaviyo had a positive return on equity of 4.16% and a negative net margin of 0.66%.The business had revenue of $358.01 million during the quarter, compared to analyst estimates of $348.57 million. During the same period in the prior year, the company earned $0.14 earnings per share. Klaviyo's revenue was up 27.9% compared to the same quarter last year. Analysts expect that Klaviyo, Inc. will post 0.25 EPS for the current fiscal year.

Institutional Investors Weigh In On Klaviyo

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Natixis Advisors LLC increased its holdings in Klaviyo by 3.4% during the 3rd quarter. Natixis Advisors LLC now owns 11,397 shares of the company's stock valued at $316,000 after purchasing an additional 372 shares during the period. Vanguard Personalized Indexing Management LLC grew its holdings in shares of Klaviyo by 5.3% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 9,312 shares of the company's stock worth $258,000 after acquiring an additional 469 shares during the period. Pathstone Holdings LLC grew its holdings in shares of Klaviyo by 0.5% during the 3rd quarter. Pathstone Holdings LLC now owns 173,931 shares of the company's stock worth $4,816,000 after acquiring an additional 858 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in shares of Klaviyo by 1,650.9% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company's stock worth $27,000 after acquiring an additional 908 shares during the period. Finally, Advisors Asset Management Inc. grew its holdings in shares of Klaviyo by 29.5% during the 4th quarter. Advisors Asset Management Inc. now owns 4,171 shares of the company's stock worth $135,000 after acquiring an additional 951 shares during the period. Institutional investors own 45.43% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Canaccord Genuity Group set a $32.00 price objective on Klaviyo in a report on Wednesday, February 11th. Stifel Nicolaus dropped their price objective on Klaviyo from $35.00 to $28.00 and set a "buy" rating for the company in a research note on Wednesday, May 6th. Wall Street Zen raised Klaviyo from a "hold" rating to a "buy" rating in a research note on Sunday, March 22nd. Piper Sandler dropped their price objective on Klaviyo from $30.00 to $26.00 and set an "overweight" rating for the company in a research note on Wednesday, May 6th. Finally, Cantor Fitzgerald dropped their price target on Klaviyo from $35.00 to $28.00 and set an "overweight" rating for the company in a research note on Wednesday, April 15th. Eighteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $31.40.

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.

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