Quantbot Technologies LP Makes New $3.71 Million Investment in Klaviyo, Inc. $KVYO

Key Points

• Quantbot Technologies LP acquired 122,432 shares of Klaviyo, Inc. (NYSE:KVYO), valued at approximately $3.7 million, during the first quarter.
• Institutional investors own around 45.43% of Klaviyo's stock, with Vanguard Group Inc. increasing its stake by 9.7%.
• Klaviyo reported a 31.9% increase in revenue year-over-year, with quarterly earnings topping analyst estimates at $0.16 EPS.

Quantbot Technologies LP purchased a new position in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 122,432 shares of the company's stock, valued at approximately $3,705,000.

Other large investors have also made changes to their positions in the company. TFC Financial Management Inc. purchased a new position in Klaviyo during the first quarter valued at approximately $27,000. CWM LLC increased its holdings in shares of Klaviyo by 227.5% during the 1st quarter. CWM LLC now owns 930 shares of the company's stock valued at $28,000 after purchasing an additional 646 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of Klaviyo by 217.9% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 1,421 shares of the company's stock valued at $43,000 after purchasing an additional 974 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Klaviyo by 77.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,874 shares of the company's stock valued at $77,000 after purchasing an additional 818 shares during the period. Finally, KBC Group NV purchased a new stake in Klaviyo during the first quarter worth $77,000. 45.43% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. The Goldman Sachs Group cut their price objective on Klaviyo from $51.00 to $44.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Barclays lifted their target price on shares of Klaviyo from $35.00 to $38.00 and gave the company an "overweight" rating in a research report on Wednesday, May 7th. Piper Sandler upped their price target on shares of Klaviyo from $40.00 to $55.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 6th. Needham & Company LLC decreased their price target on shares of Klaviyo from $56.00 to $45.00 and set a "buy" rating on the stock in a research note on Wednesday, May 7th. Finally, TD Cowen lifted their price objective on Klaviyo from $45.00 to $46.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Eighteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $43.65.

Klaviyo Price Performance

Klaviyo stock traded up $0.7680 during trading on Friday, reaching $32.7480. 1,658,338 shares of the company were exchanged, compared to its average volume of 2,683,349. The stock's 50 day simple moving average is $32.52 and its two-hundred day simple moving average is $33.67. The company has a market capitalization of $9.82 billion, a P/E ratio of -130.99 and a beta of 1.36. Klaviyo, Inc. has a 52-week low of $23.77 and a 52-week high of $49.55.

Klaviyo (NYSE:KVYO - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. Klaviyo had a negative return on equity of 1.12% and a negative net margin of 6.19%.The business had revenue of $293.12 million during the quarter, compared to analysts' expectations of $275.97 million. During the same period in the prior year, the business posted $0.15 EPS. The company's revenue was up 31.9% compared to the same quarter last year. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Insider Activity

In related news, major shareholder Summit Partners L. P sold 4,000,000 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $33.35, for a total transaction of $133,400,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Stephen Eric Rowland sold 7,105 shares of the company's stock in a transaction on Monday, August 18th. The shares were sold at an average price of $31.46, for a total transaction of $223,523.30. Following the completion of the transaction, the president owned 445,726 shares of the company's stock, valued at approximately $14,022,539.96. The trade was a 1.57% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 4,087,383 shares of company stock worth $136,183,878 over the last three months. Company insiders own 49.92% of the company's stock.

About Klaviyo

Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure.