Klaviyo (NYSE:KVYO) CEO Andrew Bialecki Sells 200,000 Shares

Key Points

• Klaviyo CEO Andrew Bialecki sold 200,000 shares on April 14 at an average price of $17.19 for $3.438 million, leaving him with 200,000 shares — a 50% reduction in his position — and the sale was executed under a pre-arranged Rule 10b5-1 plan.
• The April sale is part of a string of sizable insider disposals by Bialecki since January (multiple 200k+ share transactions), totaling several million dollars and substantially reducing his holdings over the past months.
• Klaviyo recently beat EPS and revenue estimates with revenue up 29.6% year-over-year; the stock trades near $18.40 (market cap ~$5.61B) while analysts carry a consensus target of $33.90 (Moderate Buy).

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 200,000 shares of the company's stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $17.19, for a total transaction of $3,438,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares in the company, valued at $3,438,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.63, for a total transaction of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total transaction of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.17, for a total transaction of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were 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 stock was 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 stock was sold at an average price of $25.33, for a total transaction of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The shares were sold at an average price of $24.16, for a total transaction of $4,057,092.16.

Klaviyo Stock Up 0.1%

Klaviyo stock traded up $0.03 during trading hours on Thursday, hitting $18.40. 4,318,758 shares of the company traded hands, compared to its average volume of 3,478,611. The firm has a market cap of $5.61 billion, a P/E ratio of -153.29 and a beta of 0.86. The firm's 50-day simple moving average is $18.70 and its two-hundred day simple moving average is $24.40. Klaviyo, Inc. has a 1-year low of $15.53 and a 1-year high of $37.79.

Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.17 by $0.02. The firm had revenue of $350.20 million for the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter last year, the company earned $0.07 EPS. On average, equities research analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on KVYO shares. William Blair reissued an "outperform" rating on shares of Klaviyo in a research report on Monday, March 2nd. Zacks Research downgraded shares of Klaviyo from a "strong-buy" rating to a "hold" rating in a research report on Thursday, January 29th. Jefferies Financial Group dropped their target price on shares of Klaviyo from $35.00 to $29.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Cantor Fitzgerald decreased their price target on shares of Klaviyo from $35.00 to $28.00 and set an "overweight" rating for the company in a report on Wednesday. Finally, Barclays decreased their price target on shares of Klaviyo from $42.00 to $31.00 and set an "overweight" rating for the company in a report on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $33.90.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in KVYO. Royal Bank of Canada lifted its position in Klaviyo by 59.4% during the 1st quarter. Royal Bank of Canada now owns 10,008 shares of the company's stock worth $303,000 after buying an additional 3,730 shares in the last quarter. Amundi lifted its position in Klaviyo by 109.7% during the 1st quarter. Amundi now owns 14,361 shares of the company's stock worth $400,000 after buying an additional 7,514 shares in the last quarter. AQR Capital Management LLC acquired a new position in Klaviyo during the 1st quarter worth about $359,000. Woodline Partners LP lifted its position in Klaviyo by 54.5% during the 1st quarter. Woodline Partners LP now owns 12,419 shares of the company's stock worth $376,000 after buying an additional 4,379 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Klaviyo by 40.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company's stock worth $4,483,000 after buying an additional 42,980 shares in the last quarter. Institutional investors and hedge funds own 45.43% of the company's stock.

Klaviyo Company Profile

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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