Capital Fund Management S.A. Takes Position in Klaviyo, Inc. $KVYO

Key Points

• Capital Fund Management S.A. has acquired a new stake in Klaviyo, Inc. during Q1, purchasing 54,390 shares valued at approximately $1.65 million.
• Other institutional investors, including Vanguard Group Inc. and WCM Investment Management LLC, have also increased their positions in Klaviyo, collectively owning 45.43% of the stock.
• Klaviyo reported a 31.9% year-over-year revenue increase to $293.12 million for the last quarter, surpassing analyst expectations.

Capital Fund Management S.A. purchased a new stake in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 54,390 shares of the company's stock, valued at approximately $1,646,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Klaviyo by 9.7% during the 1st quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock worth $256,240,000 after buying an additional 746,078 shares during the period. Encompass More Asset Management bought a new position in Klaviyo during the 1st quarter worth $549,000. WCM Investment Management LLC increased its position in Klaviyo by 27.7% during the 1st quarter. WCM Investment Management LLC now owns 390,119 shares of the company's stock worth $12,101,000 after buying an additional 84,715 shares during the period. Bank of America Corp DE increased its position in Klaviyo by 8.4% during the 4th quarter. Bank of America Corp DE now owns 276,697 shares of the company's stock worth $11,411,000 after buying an additional 21,425 shares during the period. Finally, Whale Rock Capital Management LLC increased its position in Klaviyo by 7.4% during the 4th quarter. Whale Rock Capital Management LLC now owns 3,868,451 shares of the company's stock worth $159,535,000 after buying an additional 267,845 shares during the period. Institutional investors own 45.43% of the company's stock.

Insider Transactions at Klaviyo

In other Klaviyo news, major shareholder Summit Partners L. P sold 4,000,000 shares of Klaviyo stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $33.35, for a total value of $133,400,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Landon Edmond sold 9,965 shares of Klaviyo stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $31.46, for a total value of $313,498.90. Following the completion of the transaction, the insider owned 392,584 shares in the company, valued at approximately $12,350,692.64. This represents a 2.48% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,314,085 shares of company stock valued at $143,324,991. Company insiders own 49.92% of the company's stock.

Wall Street Analyst Weigh In

KVYO has been the topic of several recent research reports. Benchmark increased their price objective on Klaviyo from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Cantor Fitzgerald upgraded Klaviyo to an "overweight" rating and set a $48.00 price objective on the stock in a research report on Tuesday, June 3rd. Macquarie reiterated a "neutral" rating and set a $37.00 price objective on shares of Klaviyo in a research report on Wednesday, August 6th. Barclays raised their price target on Klaviyo from $35.00 to $38.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 7th. Finally, Zacks Research upgraded Klaviyo to a "strong sell" rating in a research report on Friday, August 8th. Eighteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $43.65.

Klaviyo Trading Down 0.2%

Klaviyo stock traded down $0.08 during midday trading on Friday, reaching $32.43. The company's stock had a trading volume of 1,388,053 shares, compared to its average volume of 1,896,814. Klaviyo, Inc. has a 52 week low of $23.77 and a 52 week high of $49.55. The business has a 50-day moving average price of $32.34 and a 200-day moving average price of $33.32. The stock has a market cap of $9.73 billion, a PE ratio of -129.74 and a beta of 1.36.

Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $293.12 million for the quarter, compared to analysts' expectations of $275.97 million. During the same quarter in the previous year, the business posted $0.15 earnings per share. The business's revenue for the quarter was up 31.9% on a year-over-year basis. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

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.