Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells 159,508 Shares of Stock

Key Points

• Klaviyo CEO Andrew Bialecki recently sold 159,508 shares of the company stock at an average price of $25.30, amounting to $4,035,552.40.
• The company reported a 31.9% year-over-year revenue increase, with revenue of $293.12 million for the last quarter, exceeding analysts' expectations.
• Klaviyo has a consensus rating of "Moderate Buy" from analysts, with a target price averaging $44.30 per share.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 159,508 shares of the stock in a transaction dated Tuesday, October 7th. The shares were sold at an average price of $25.30, for a total value of $4,035,552.40. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, September 30th, Andrew Bialecki sold 137,224 shares of Klaviyo stock. The shares were sold at an average price of $28.86, for a total value of $3,960,284.64.
• On Tuesday, September 23rd, Andrew Bialecki sold 211,358 shares of Klaviyo stock. The shares were sold at an average price of $35.45, for a total value of $7,492,641.10.
• On Tuesday, September 16th, Andrew Bialecki sold 226,382 shares of Klaviyo stock. The shares were sold at an average price of $32.35, for a total value of $7,323,457.70.
• On Tuesday, September 9th, Andrew Bialecki sold 220,481 shares of Klaviyo stock. The stock was sold at an average price of $31.96, for a total value of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The stock was sold at an average price of $31.00, for a total value of $6,922,424.00.
• On Tuesday, August 26th, Andrew Bialecki sold 226,702 shares of Klaviyo stock. The stock was sold at an average price of $31.50, for a total value of $7,141,113.00.

Klaviyo Stock Performance

KVYO traded down $0.55 on Thursday, hitting $25.58. 2,413,678 shares of the company were exchanged, compared to its average volume of 2,112,244. The firm has a fifty day simple moving average of $31.35 and a two-hundred day simple moving average of $31.71. Klaviyo, Inc. has a 12 month low of $23.77 and a 12 month high of $49.55. The stock has a market capitalization of $7.67 billion, a PE ratio of -102.32 and a beta of 1.26.

Klaviyo (NYSE:KVYO - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $293.12 million during the quarter, compared to analysts' expectations of $275.97 million. During the same quarter last year, the business posted $0.15 EPS. The business's revenue was up 31.9% on a year-over-year basis. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts expect that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Robert W. Baird dropped their price objective on Klaviyo from $44.00 to $39.00 and set an "outperform" rating for the company in a report on Friday, September 26th. Citigroup upgraded Klaviyo from a "neutral" rating to a "buy" rating and raised their target price for the company from $40.00 to $50.00 in a research note on Thursday, August 7th. Stephens lowered their target price on Klaviyo from $45.00 to $43.00 and set an "overweight" rating for the company in a research note on Friday, September 26th. Wall Street Zen cut Klaviyo from a "buy" rating to a "hold" rating in a research note on Sunday, August 17th. Finally, TD Cowen raised their target price on Klaviyo from $45.00 to $46.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. Nineteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $44.30.

Institutional Trading of Klaviyo

Institutional investors and hedge funds have recently modified their holdings of the business. TFC Financial Management Inc. bought a new stake in shares of Klaviyo in the 1st quarter worth $27,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of Klaviyo in the 2nd quarter worth $31,000. CWM LLC increased its holdings in shares of Klaviyo by 227.5% in the 1st quarter. CWM LLC now owns 930 shares of the company's stock worth $28,000 after purchasing an additional 646 shares in the last quarter. First Horizon Advisors Inc. bought a new stake in shares of Klaviyo in the 2nd quarter worth $37,000. Finally, State of Wyoming bought a new stake in shares of Klaviyo in the 1st quarter worth $42,000. Institutional investors own 45.43% of the company's stock.

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.

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