Osterweis Capital Management Inc. Has $9.72 Million Position in Klaviyo, Inc. $KVYO

Key Points

• Osterweis Capital Management Inc. reduced its holdings in Klaviyo, Inc. by 3.7%, now owning 321,213 shares worth approximately $9.72 million.
• Various institutional investors, including D. E. Shaw & Co. and Ameriprise Financial Inc., increased their stakes significantly in Klaviyo during recent quarters, indicating robust investor interest.
• Research analysts maintain a consensus rating of "Moderate Buy" for Klaviyo stock, with target price estimates ranging from $40.00 to $55.00.

Osterweis Capital Management Inc. reduced its stake in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) by 3.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 321,213 shares of the company's stock after selling 12,330 shares during the quarter. Osterweis Capital Management Inc. owned about 0.12% of Klaviyo worth $9,720,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of KVYO. Wells Fargo & Company MN grew its stake in shares of Klaviyo by 45.2% during the fourth quarter. Wells Fargo & Company MN now owns 6,171 shares of the company's stock valued at $254,000 after purchasing an additional 1,920 shares during the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Klaviyo during the fourth quarter valued at approximately $686,000. Barclays PLC boosted its stake in Klaviyo by 128.2% in the fourth quarter. Barclays PLC now owns 29,263 shares of the company's stock valued at $1,207,000 after acquiring an additional 16,438 shares during the last quarter. First Trust Advisors LP boosted its stake in Klaviyo by 26.4% in the fourth quarter. First Trust Advisors LP now owns 945,663 shares of the company's stock valued at $38,999,000 after acquiring an additional 197,283 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Klaviyo by 369.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 72,816 shares of the company's stock valued at $3,004,000 after acquiring an additional 57,318 shares during the last quarter. 45.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Klaviyo

In related news, CFO Amanda Whalen sold 15,000 shares of the firm's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $31.32, for a total transaction of $469,800.00. Following the sale, the chief financial officer directly owned 485,515 shares in the company, valued at $15,206,329.80. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Landon Edmond sold 9,965 shares of the firm's stock in a transaction on Monday, August 18th. The stock was sold at an average price of $31.46, for a total transaction of $313,498.90. Following the sale, the insider owned 392,584 shares in the company, valued at approximately $12,350,692.64. The trade was a 2.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,087,383 shares of company stock valued at $136,183,878 over the last quarter. 49.92% of the stock is currently owned by corporate insiders.

Klaviyo Price Performance

Shares of NYSE KVYO traded up $0.7680 during midday trading on Friday, reaching $32.7480. 1,658,338 shares of the stock were exchanged, compared to its average volume of 2,683,349. The business has a 50-day simple moving average of $32.52 and a two-hundred day simple moving average of $33.67. The company has a market capitalization of $9.82 billion, a price-to-earnings ratio of -130.99 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 announced 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 net margin of 6.19% and a negative return on equity of 1.12%. The company had revenue of $293.12 million for the quarter, compared to analysts' expectations of $275.97 million. During the same period last year, the firm posted $0.15 earnings per share. The business's quarterly 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. Equities research analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

KVYO has been the topic of a number of recent research reports. TD Cowen raised their price objective on shares of Klaviyo from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Scotiabank set a $35.00 price objective on shares of Klaviyo and gave the company a "sector perform" rating in a research note on Wednesday, May 7th. Citigroup raised shares of Klaviyo from a "neutral" rating to a "buy" rating and raised their price objective for the company from $40.00 to $50.00 in a research note on Thursday, August 7th. Wall Street Zen cut shares of Klaviyo from a "buy" rating to a "hold" rating in a research note on Sunday, August 17th. Finally, Barclays raised their price objective on shares of Klaviyo from $35.00 to $38.00 and gave the company an "overweight" rating in a research note on Wednesday, May 7th. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Klaviyo currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.65.

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.