Diker Management LLC Reduces Holdings in Klaviyo, Inc. $KVYO

Key Points

• Diker Management LLC decreased its holdings in Klaviyo, Inc. by 75.0%, now owning 25,042 shares, making it the 14th largest holding in their portfolio.
• Klaviyo's shares had a trading volume of 75,597 on Wednesday, and have a 1-year low of $23.77 and a high of $49.55, with the stock currently trading at $31.58.
• After reporting quarterly earnings with an EPS of $0.16, Klaviyo beat analysts' expectations and set a Q3 2025 guidance of EPS as analysts predict a $0.04 EPS for the current fiscal year.

Diker Management LLC trimmed its stake in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) by 75.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 25,042 shares of the company's stock after selling 74,958 shares during the quarter. Klaviyo accounts for about 0.9% of Diker Management LLC's holdings, making the stock its 14th largest position. Diker Management LLC's holdings in Klaviyo were worth $758,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Advisors Asset Management Inc. raised its stake in shares of Klaviyo by 22.7% during the 1st quarter. Advisors Asset Management Inc. now owns 2,731 shares of the company's stock valued at $83,000 after purchasing an additional 506 shares during the period. CWM LLC raised its stake 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 during the period. The Manufacturers Life Insurance Company raised its stake in shares of Klaviyo by 5.0% during the 4th quarter. The Manufacturers Life Insurance Company now owns 14,285 shares of the company's stock valued at $589,000 after purchasing an additional 677 shares during the period. Cabot Wealth Management Inc. raised its stake in shares of Klaviyo by 1.0% during the 1st quarter. Cabot Wealth Management Inc. now owns 90,126 shares of the company's stock valued at $2,727,000 after purchasing an additional 854 shares during the period. Finally, California State Teachers Retirement System raised its stake in shares of Klaviyo by 1.8% during the 4th quarter. California State Teachers Retirement System now owns 49,997 shares of the company's stock valued at $2,062,000 after purchasing an additional 864 shares during the period. 45.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on KVYO shares. Citigroup upgraded Klaviyo from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $40.00 to $50.00 in a research note on Thursday, August 7th. Benchmark upped their target price on Klaviyo from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Zacks Research upgraded Klaviyo to a "strong sell" rating in a research note on Friday, August 8th. Macquarie restated a "neutral" rating and issued a $37.00 target price on shares of Klaviyo in a research note on Wednesday, August 6th. Finally, Wells Fargo & Company upgraded Klaviyo from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $32.00 to $40.00 in a research note on Friday, June 13th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $43.65.

Insider Activity

In other news, CEO Andrew Bialecki sold 226,702 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $31.50, for a total transaction of $7,141,113.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Landon Edmond sold 9,965 shares of the 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 transaction, the insider owned 392,584 shares in the company, valued at $12,350,692.64. This trade represents a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 4,761,283 shares of company stock worth $151,454,336. 49.92% of the stock is currently owned by insiders.

Klaviyo Stock Down 1.9%

Shares of Klaviyo stock traded down $0.61 during trading on Friday, hitting $31.19. 1,668,466 shares of the stock traded hands, compared to its average volume of 1,744,327. The stock has a market cap of $9.36 billion, a price-to-earnings ratio of -124.76 and a beta of 1.36. The firm's fifty day moving average is $32.06 and its 200-day moving average is $32.29. 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 announced 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 firm had revenue of $293.12 million for the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative return on equity of 1.12% and a negative net margin of 6.19%.The company's revenue was up 31.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Klaviyo 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.