Liontrust Investment Partners LLP Has $4.19 Million Position in Klaviyo, Inc. $KVYO

Key Points

• Liontrust Investment Partners LLP increased its stake in Klaviyo, Inc. by 105.1%, acquiring an additional 71,003 shares during the first quarter, bringing its total ownership to approximately $4.19 million.
• Several hedge funds have recently made significant investments in Klaviyo, with 45.43% of its shares currently held by institutional investors.
• Klaviyo's stock has been rated with a mix of "buy" and "sell" evaluations by analysts, with an average price target of $43.65, reflecting a generally positive outlook despite some downgrades.

Liontrust Investment Partners LLP boosted its holdings in shares of Klaviyo, Inc. (NYSE:KVYO - Free Report) by 105.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 138,555 shares of the company's stock after acquiring an additional 71,003 shares during the quarter. Liontrust Investment Partners LLP owned 0.05% of Klaviyo worth $4,193,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. TFC Financial Management Inc. acquired a new position in Klaviyo in the first quarter worth approximately $27,000. CWM LLC increased its position in Klaviyo by 227.5% during the first quarter. CWM LLC now owns 930 shares of the company's stock worth $28,000 after buying an additional 646 shares during the last quarter. Caitong International Asset Management Co. Ltd lifted its position in shares of Klaviyo by 217.9% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,421 shares of the company's stock worth $43,000 after buying an additional 974 shares during the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Klaviyo by 77.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,874 shares of the company's stock worth $77,000 after acquiring an additional 818 shares in the last quarter. Finally, KBC Group NV bought a new position in shares of Klaviyo in the 1st quarter valued at approximately $77,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Klaviyo Trading Up 1.2%

Shares of NYSE:KVYO traded up $0.3710 during midday trading on Thursday, hitting $31.6410. The company had a trading volume of 802,398 shares, compared to its average volume of 1,899,610. Klaviyo, Inc. has a 12 month low of $23.77 and a 12 month high of $49.55. The firm has a fifty day simple moving average of $32.56 and a 200 day simple moving average of $33.97. The stock has a market cap of $9.49 billion, a price-to-earnings ratio of -126.72 and a beta of 1.36.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.13 by $0.03. The firm had revenue of $293.12 million for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business earned $0.15 earnings per share. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts forecast that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Insider Buying and Selling at Klaviyo

In related news, CFO Amanda Whalen sold 15,000 shares of the firm's stock in a transaction dated Friday, July 11th. The shares were sold at an average price of $31.66, for a total transaction of $474,900.00. Following the transaction, the chief financial officer directly owned 517,831 shares of the company's stock, valued at approximately $16,394,529.46. This trade represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Summit Partners L. P sold 4,000,000 shares of the business's stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $33.35, for a total transaction of $133,400,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 4,087,383 shares of company stock valued at $136,183,878 in the last three months. Corporate insiders own 49.92% of the company's stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on KVYO. Benchmark lifted their price objective on Klaviyo from $44.00 to $46.00 and gave the stock a "buy" rating in a report on Wednesday, August 6th. Stifel Nicolaus decreased 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. Citigroup upgraded Klaviyo from a "neutral" rating to a "buy" rating and upped their price objective for the company from $40.00 to $50.00 in a research note on Thursday, August 7th. Robert W. Baird dropped their target price on Klaviyo from $54.00 to $37.00 and set an "outperform" rating for the company in a research report on Wednesday, April 23rd. Finally, Macquarie reiterated a "neutral" rating and issued a $37.00 price target on shares of Klaviyo in a report on Wednesday, August 6th. Eighteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $43.65.

About Klaviyo

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.