Klaviyo, Inc. (NYSE:KVYO) Short Interest Update

Key Points

• Klaviyo, Inc. experienced a 42.2% increase in short interest for August, bringing the total to 7,820,000 shares, which represents approximately 7.7% of its total shares.
• The company's stock is currently trading at $33.14 with a market cap of $9.94 billion, while its 12-month price range is between $23.77 and $49.55.
• Analysts have generally rated Klaviyo as a "Moderate Buy" with an average price target of $43.65, indicating potential for growth.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) saw a significant increase in short interest during the month of August. As of August 15th, there was short interest totaling 7,820,000 shares, anincreaseof42.2% from the July 31st total of 5,500,000 shares. Approximately7.7% of the shares of the stock are short sold. Based on an average daily volume of 1,900,000 shares, the short-interest ratio is presently 4.1 days. Based on an average daily volume of 1,900,000 shares, the short-interest ratio is presently 4.1 days. Approximately7.7% of the shares of the stock are short sold.

Klaviyo Stock Performance

NYSE KVYO traded up $0.95 on Monday, reaching $33.14. 1,846,707 shares of the stock traded hands, compared to its average volume of 1,935,468. The company has a fifty day moving average price of $32.21 and a 200-day moving average price of $32.43. The company has a market cap of $9.94 billion, a price-to-earnings ratio of -132.54 and a beta of 1.36. Klaviyo has a 12 month low of $23.77 and a 12 month high of $49.55.

Klaviyo (NYSE:KVYO - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.03. The business had revenue of $293.12 million during the quarter, compared to analyst estimates of $275.97 million. Klaviyo had a negative return on equity of 1.12% and a negative net margin of 6.19%.Klaviyo's revenue was up 31.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.15 EPS. Klaviyo has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts anticipate that Klaviyo will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on KVYO. TD Cowen upped their price target on Klaviyo from $45.00 to $46.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Cantor Fitzgerald raised Klaviyo to an "overweight" rating and set a $48.00 target price on the stock in a report on Tuesday, June 3rd. Benchmark boosted their price target on Klaviyo from $44.00 to $46.00 and gave the company a "buy" rating in a report on Wednesday, August 6th. Macquarie reissued a "neutral" rating and set a $37.00 target price on shares of Klaviyo in a research note on Wednesday, August 6th. Finally, Zacks Research raised Klaviyo to a "strong sell" rating in a report on Friday, August 8th. Eighteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $43.65.

Insider Buying and Selling

In other Klaviyo news, CFO Amanda Whalen sold 15,000 shares of the company's stock in a transaction that occurred on Friday, July 11th. The stock was sold at an average price of $31.66, for a total value of $474,900.00. Following the completion of the sale, the chief financial officer owned 517,831 shares of the company's stock, valued at $16,394,529.46. This represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Carmel Galvin sold 11,155 shares of the company's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $31.67, for a total value of $353,278.85. Following the transaction, the insider directly owned 675,833 shares of the company's stock, valued at $21,403,631.11. The trade was a 1.62% decrease in their position. The disclosure for this sale can be found here. Insiders sold 537,389 shares of company stock valued at $16,847,415 in the last 90 days. 53.24% of the stock is owned by company insiders.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds and other institutional investors have recently modified their holdings of KVYO. Dimensional Fund Advisors LP boosted its stake in shares of Klaviyo by 369.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 72,816 shares of the company's stock valued at $3,004,000 after purchasing an additional 57,318 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Klaviyo by 77.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 1,874 shares of the company's stock valued at $77,000 after purchasing an additional 818 shares in the last quarter. Stifel Financial Corp bought a new position in shares of Klaviyo during the fourth quarter valued at approximately $364,000. The Manufacturers Life Insurance Company boosted its stake in shares of Klaviyo by 5.0% during the fourth quarter. The Manufacturers Life Insurance Company now owns 14,285 shares of the company's stock valued at $589,000 after purchasing an additional 677 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Klaviyo by 16.2% during the fourth quarter. Northern Trust Corp now owns 187,888 shares of the company's stock valued at $7,749,000 after purchasing an additional 26,143 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors.

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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