Trexquant Investment LP Boosts Holdings in Klaviyo, Inc. $KVYO

Key Points

• Trexquant Investment LP significantly increased its stake in Klaviyo, Inc. by 472.3% during the first quarter, acquiring an additional 306,762 shares and now owns approximately 0.14% of the company.
• In a recent earnings report, Klaviyo reported $0.16 EPS, surpassing analyst expectations of $0.13, with revenue of $293.12 million, which is a 31.9% increase year-over-year.
• Klaviyo's stock has received mixed ratings from analysts, with a consensus rating of "Moderate Buy" and a target price of $43.65, reflecting a varied outlook on the company's future performance.

Trexquant Investment LP raised its holdings in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) by 472.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 371,707 shares of the company's stock after purchasing an additional 306,762 shares during the period. Trexquant Investment LP owned 0.14% of Klaviyo worth $11,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Focus Partners Wealth purchased a new stake in Klaviyo in the fourth quarter worth approximately $38,870,000. D. E. Shaw & Co. Inc. increased its holdings in Klaviyo by 195.4% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,310,227 shares of the company's stock valued at $54,034,000 after acquiring an additional 866,749 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in Klaviyo by 105.6% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,538,220 shares of the company's stock valued at $46,546,000 after acquiring an additional 790,146 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Klaviyo by 9.7% in 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 last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of Klaviyo by 229.5% in the 4th quarter. Ameriprise Financial Inc. now owns 982,134 shares of the company's stock worth $40,507,000 after buying an additional 684,026 shares during the last quarter. Institutional investors own 45.43% of the company's stock.

Klaviyo Price Performance

Klaviyo stock traded up $0.50 during mid-day trading on Wednesday, reaching $31.25. 855,699 shares of the company traded hands, compared to its average volume of 1,889,584. Klaviyo, Inc. has a fifty-two week low of $23.77 and a fifty-two week high of $49.55. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of -124.98 and a beta of 1.36. The firm's fifty day moving average is $32.30 and its two-hundred day moving average is $32.90.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its quarterly 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. The business had revenue of $293.12 million for the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative net margin of 6.19% and a negative return on equity of 1.12%. Klaviyo's revenue for the quarter was up 31.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Citigroup upgraded shares of Klaviyo from a "neutral" rating to a "buy" rating and upped their price target for the company from $40.00 to $50.00 in a report on Thursday, August 7th. Zacks Research upgraded shares of Klaviyo to a "strong sell" rating in a report on Friday, August 8th. Barclays upped 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. Piper Sandler upped their price target on shares of Klaviyo from $40.00 to $55.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, Scotiabank set a $35.00 price target on shares of Klaviyo and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Eighteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $43.65.

Insider Transactions at Klaviyo

In related news, CEO Andrew Bialecki sold 226,702 shares of the stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $31.50, for a total transaction of $7,141,113.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Stephen Eric Rowland sold 7,105 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $31.46, for a total transaction of $223,523.30. Following the sale, the president directly owned 445,726 shares in the company, valued at $14,022,539.96. This trade represents a 1.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 314,085 shares of company stock valued at $9,924,991. 53.24% of the stock is owned by corporate insiders.

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.