B. Metzler seel. Sohn & Co. AG Acquires 12,655 Shares of Klaviyo, Inc. $KVYO

Key Points

• B. Metzler seel. Sohn & Co. AG increased their stake in Klaviyo, Inc. by 27% in Q1, now holding 59,540 shares valued at approximately $1.8 million.
• Klaviyo's stock trades at $32.43, with a 12-month range between $23.77 and $49.55, amidst a market capitalization of $9.73 billion.
• In recent trading activity, CFO Amanda Whalen and CEO Andrew Bialecki sold significant amounts of stock, reducing their ownership stakes in the company.

B. Metzler seel. Sohn & Co. AG lifted its position in Klaviyo, Inc. (NYSE:KVYO - Free Report) by 27.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 59,540 shares of the company's stock after buying an additional 12,655 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Klaviyo were worth $1,802,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Klaviyo by 9.7% in the first quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock worth $256,240,000 after acquiring an additional 746,078 shares in the last quarter. Whale Rock Capital Management LLC grew its stake in shares of Klaviyo by 7.4% in the fourth quarter. Whale Rock Capital Management LLC now owns 3,868,451 shares of the company's stock valued at $159,535,000 after buying an additional 267,845 shares in the last quarter. 1832 Asset Management L.P. grew its stake in shares of Klaviyo by 38.7% in the first quarter. 1832 Asset Management L.P. now owns 2,248,800 shares of the company's stock valued at $68,049,000 after buying an additional 627,500 shares in the last quarter. Lord Abbett & CO. LLC grew its stake in shares of Klaviyo by 105.6% in the first quarter. Lord Abbett & CO. LLC now owns 1,538,220 shares of the company's stock valued at $46,546,000 after buying an additional 790,146 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. increased its holdings in shares of Klaviyo by 195.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,310,227 shares of the company's stock valued at $54,034,000 after purchasing an additional 866,749 shares during the last quarter. Institutional investors own 45.43% of the company's stock.

Klaviyo Price Performance

Shares of NYSE KVYO traded up $0.49 during trading on Wednesday, hitting $31.24. The stock had a trading volume of 788,298 shares, compared to its average volume of 1,888,982. The firm has a fifty day moving average of $32.30 and a two-hundred day moving average of $32.90. The company has a market capitalization of $9.37 billion, a PE ratio of -124.98 and a beta of 1.36. Klaviyo, Inc. has a 12 month low of $23.77 and a 12 month high of $49.55.

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on KVYO. Wall Street Zen cut shares of Klaviyo from a "buy" rating to a "hold" rating in a research report on Sunday, August 17th. Needham & Company LLC decreased their target price on shares of Klaviyo from $56.00 to $45.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Barclays lifted their price target on shares of Klaviyo from $35.00 to $38.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Stifel Nicolaus cut their target price on shares of Klaviyo from $45.00 to $40.00 and set a "buy" rating on the stock in a research report on Tuesday, July 15th. Finally, Cantor Fitzgerald upgraded shares of Klaviyo to an "overweight" rating and set a $48.00 target price on the stock in a research report on Tuesday, June 3rd. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Klaviyo currently has an average rating of "Moderate Buy" and a consensus price target of $43.65.

Insiders Place Their Bets

In related news, President Stephen Eric Rowland sold 7,105 shares of the firm's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $31.46, for a total value of $223,523.30. Following the sale, the president directly owned 445,726 shares of the company's stock, valued at $14,022,539.96. This trade represents a 1.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Carmel Galvin sold 11,155 shares of the stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $31.67, for a total transaction of $353,278.85. Following the transaction, the insider owned 675,833 shares in the company, valued at $21,403,631.11. The trade was a 1.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 314,085 shares of company stock valued at $9,924,991 over the last three months. Corporate insiders own 53.24% of the company's stock.

Klaviyo Company Profile

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.