Insider Selling: Klaviyo (NYSE:KVYO) CFO Sells 15,000 Shares of Stock

Key Points

• Amanda Whalen, the CFO of Klaviyo, sold 15,000 shares of the company at an average price of $31.32, totaling approximately $469,800.
• Klaviyo's stock has seen a decline, trading at $31.6190, with a market cap of $9.49 billion and a 1-year performance range between $23.77 and $49.55.
• Wall Street analysts have mixed ratings on Klaviyo, with the consensus being a "Moderate Buy" and a target price averaging $43.65.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CFO Amanda Whalen sold 15,000 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $31.32, for a total value of $469,800.00. Following the transaction, the chief financial officer directly owned 485,515 shares of the company's stock, valued at approximately $15,206,329.80. The trade was a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Amanda Whalen also recently made the following trade(s):

• On Friday, July 11th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The shares were sold at an average price of $31.66, for a total value of $474,900.00.
• On Friday, June 13th, Amanda Whalen sold 15,000 shares of Klaviyo stock. The stock was sold at an average price of $33.47, for a total value of $502,050.00.

Klaviyo Stock Performance

KVYO traded down $0.4010 during trading on Tuesday, hitting $31.6190. 1,611,849 shares of the stock were exchanged, compared to its average volume of 2,556,863. The firm has a 50 day simple moving average of $32.62 and a 200 day simple moving average of $33.99. The firm has a market cap of $9.49 billion, a price-to-earnings ratio of -126.48 and a beta of 1.36. Klaviyo, Inc. has a 1 year low of $23.77 and a 1 year 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 (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $275.97 million. During the same period last year, the business posted $0.15 EPS. The business's 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. As a group, equities analysts anticipate that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in shares of Klaviyo by 9.7% during the first quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock worth $256,240,000 after buying an additional 746,078 shares during the period. Alliancebernstein L.P. boosted its position in shares of Klaviyo by 10.1% during the second quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company's stock worth $148,566,000 after buying an additional 404,969 shares during the period. Whale Rock Capital Management LLC boosted its position in shares of Klaviyo by 7.4% during the fourth quarter. Whale Rock Capital Management LLC now owns 3,868,451 shares of the company's stock worth $159,535,000 after buying an additional 267,845 shares during the period. Sands Capital Alternatives LLC boosted its position in shares of Klaviyo by 2.1% during the second quarter. Sands Capital Alternatives LLC now owns 3,515,065 shares of the company's stock worth $118,036,000 after buying an additional 71,550 shares during the period. Finally, Federated Hermes Inc. boosted its position in shares of Klaviyo by 9.0% during the second quarter. Federated Hermes Inc. now owns 2,911,007 shares of the company's stock worth $97,752,000 after buying an additional 241,207 shares during the period. 45.43% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on KVYO shares. Wells Fargo & Company raised Klaviyo from an "equal weight" rating to an "overweight" rating and boosted their price objective for the company from $32.00 to $40.00 in a report on Friday, June 13th. Zacks Research upgraded Klaviyo to a "strong sell" rating in a research note on Friday, August 8th. Wall Street Zen downgraded Klaviyo from a "buy" rating to a "hold" rating in a research report on Sunday. Scotiabank set a $35.00 price objective on Klaviyo and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Finally, TD Cowen boosted their price objective on Klaviyo from $45.00 to $46.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Eighteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, Klaviyo currently has an average rating of "Moderate Buy" and a consensus target price of $43.65.

Klaviyo Company 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.

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