Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells 200,000 Shares of Stock

Key Points

• Insider selling: CEO Andrew Bialecki sold 200,000 shares on March 24 at $18.17 and has disposed of roughly 1.62 million shares since early January, raising about $35 million in aggregate according to SEC filings.
• Klaviyo beat quarterly EPS estimates ($0.19 vs. $0.17) and reported revenue of $350.2M (up 29.6% YoY), but the stock trades well below its 1‑year high with a negative P/E and mixed analyst actions—average rating "Moderate Buy" with an average price target of $34.24 after several downgrades.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 200,000 shares of the business's stock in a transaction on Tuesday, March 24th. The shares were sold at an average price of $18.17, for a total transaction of $3,634,000.00. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $19.37, for a total transaction of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total transaction of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $16.76, for a total transaction of $3,352,000.00.
• On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The shares were sold at an average price of $25.33, for a total value of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16.
• On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The stock was sold at an average price of $27.41, for a total value of $3,855,106.86.
• On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The shares were sold at an average price of $30.01, for a total value of $499,636.49.
• On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The stock was sold at an average price of $28.91, for a total value of $3,975,240.64.

Klaviyo Price Performance

NYSE:KVYO opened at $18.69 on Friday. Klaviyo, Inc. has a 1-year low of $15.53 and a 1-year high of $37.79. The company has a 50-day moving average of $20.13 and a 200 day moving average of $25.84. The firm has a market cap of $5.70 billion, a PE ratio of -155.74 and a beta of 1.28.

Klaviyo (NYSE:KVYO - Get Free Report) last announced its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The business had revenue of $350.20 million for the quarter, compared to analysts' expectations of $333.99 million. During the same quarter last year, the firm earned $0.07 EPS. The business's revenue for the quarter was up 29.6% on a year-over-year basis. Sell-side analysts anticipate that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Analyst Ratings Changes

KVYO has been the topic of several analyst reports. Cantor Fitzgerald cut their target price on Klaviyo from $40.00 to $35.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 11th. Needham & Company LLC decreased their price target on shares of Klaviyo from $45.00 to $30.00 and set a "buy" rating for the company in a research report on Wednesday, February 11th. Wells Fargo & Company lowered their price target on shares of Klaviyo from $40.00 to $30.00 and set an "overweight" rating on the stock in a report on Wednesday, February 11th. Wall Street Zen raised shares of Klaviyo from a "hold" rating to a "buy" rating in a research report on Sunday, March 22nd. Finally, William Blair reiterated an "outperform" rating on shares of Klaviyo in a research note on Monday, March 2nd. Nineteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $34.24.

Institutional Investors Weigh In On Klaviyo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KVYO. Caitong International Asset Management Co. Ltd boosted its holdings in Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company's stock worth $27,000 after acquiring an additional 908 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Klaviyo during the third quarter valued at about $34,000. Quarry LP purchased a new position in shares of Klaviyo in the 3rd quarter valued at approximately $44,000. Osaic Holdings Inc. raised its position in shares of Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company's stock valued at $55,000 after purchasing an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC acquired a new stake in Klaviyo in the 3rd quarter worth approximately $69,000. 45.43% of the stock is currently owned by hedge funds and other institutional investors.

About Klaviyo

Klaviyo, Inc is a cloud-based marketing automation platform that enables businesses to leverage customer data for targeted email and SMS campaigns. The company's platform centralizes first-party data from various sources—including e-commerce storefronts, websites, and CRM systems—to help organizations deliver personalized marketing across the customer lifecycle. Klaviyo's core offerings include segmented email marketing, automated messaging workflows, and performance analytics designed to drive customer engagement and revenue growth.

The platform provides a suite of tools for campaign creation and management, including drag-and-drop email and SMS builders, dynamic content rendering, and A/B testing capabilities.

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