Klaviyo, Inc. (NYSE:KVYO) Short Interest Up 48.0% in March

Key Points

• Short interest rose 48% in March to 15,272,956 shares, equal to 10.7% of the stock and a short-interest ratio of 3.5 days based on average daily volume.
• Insiders have been net sellers recently—including CEO Andrew Bialecki's sale of 200,000 shares—with 1,692,230 shares sold over the last 90 days, though insiders still own about 49.92% of the company.
• Analyst sentiment is largely positive with 19 Buy ratings (consensus "Moderate Buy") and a $34.24 price target, while the stock trades near $18.69 and the company has a $5.7 billion market cap.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 15,272,956 shares, an increase of 48.0% from the February 26th total of 10,317,327 shares. Based on an average daily volume of 4,355,341 shares, the short-interest ratio is presently 3.5 days. Currently, 10.7% of the shares of the stock are sold short.

Analysts Set New Price Targets

Several brokerages have recently commented on KVYO. Wall Street Zen raised Klaviyo from a "hold" rating to a "buy" rating in a research report on Sunday, March 22nd. TD Cowen reiterated a "buy" rating on shares of Klaviyo in a research note on Wednesday, February 11th. William Blair reiterated an "outperform" rating on shares of Klaviyo in a research report on Monday, March 2nd. Morgan Stanley reissued an "overweight" rating and set a $38.00 target price on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Nineteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.24.

Klaviyo Stock Down 1.8%

KVYO stock traded down $0.34 during trading hours on Friday, hitting $18.69. The company's stock had a trading volume of 3,700,071 shares, compared to its average volume of 3,694,141. The stock has a 50 day moving average price of $20.13 and a two-hundred day moving average price of $25.79. Klaviyo has a 12 month low of $15.53 and a 12 month high of $37.79. The company has a market capitalization of $5.70 billion, a PE ratio of -155.74 and a beta of 1.28.

Klaviyo (NYSE:KVYO - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $350.20 million during the quarter, compared to analyst estimates of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. Klaviyo's quarterly revenue was up 29.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.07 EPS. Sell-side analysts expect that Klaviyo will post 0.04 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Andrew Bialecki sold 200,000 shares of the firm's stock in a transaction that occurred 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Landon Edmond sold 14,366 shares of Klaviyo stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $20.15, for a total transaction of $289,474.90. Following the completion of the transaction, the insider owned 312,362 shares in the company, valued at approximately $6,294,094.30. This trade represents a 4.40% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,692,230 shares of company stock worth $36,522,830 over the last ninety days. Company insiders own 49.92% of the company's stock.

Institutional Trading of Klaviyo

A number of institutional investors and hedge funds have recently made changes to their positions in KVYO. Capital International Investors acquired a new stake in Klaviyo in the 4th quarter worth approximately $415,254,000. Morgan Stanley raised its position in shares of Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock valued at $472,344,000 after purchasing an additional 3,855,160 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new stake in shares of Klaviyo in the fourth quarter worth $92,675,000. Vanguard Group Inc. lifted its stake in shares of Klaviyo by 19.2% in the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company's stock worth $354,092,000 after buying an additional 2,059,550 shares during the last quarter. Finally, Cooper Creek Partners Management LLC bought a new stake in shares of Klaviyo during the 2nd quarter worth $57,109,000. Institutional investors and hedge funds own 45.43% of the company's stock.

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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