Klaviyo (NYSE:KVYO) CEO Andrew Bialecki Sells 226,382 Shares

Key Points

• Klaviyo CEO Andrew Bialecki sold 226,382 shares at an average price of $32.35, totaling approximately $7.32 million.
• The company's stock has seen a significant trading volume increase, with its latest price reaching $33.62 after a $0.70 increase on the trading day.
• Klaviyo's recent quarterly earnings reported a 31.9% revenue increase year-over-year, achieving $0.16 EPS, surpassing analyst expectations.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) CEO Andrew Bialecki sold 226,382 shares of the stock in a transaction dated Tuesday, September 16th. The stock was sold at an average price of $32.35, for a total transaction of $7,323,457.70. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Tuesday, September 9th, Andrew Bialecki sold 220,481 shares of Klaviyo stock. The shares were sold at an average price of $31.96, for a total value of $7,046,572.76.
• On Tuesday, September 2nd, Andrew Bialecki sold 223,304 shares of Klaviyo stock. The stock was sold at an average price of $31.00, for a total value of $6,922,424.00.
• On Tuesday, August 26th, Andrew Bialecki sold 226,702 shares of Klaviyo stock. The shares were sold at an average price of $31.50, for a total value of $7,141,113.00.

Klaviyo Price Performance

Shares of NYSE:KVYO traded up $1.68 during trading on Friday, reaching $35.24. The company had a trading volume of 4,000,311 shares, compared to its average volume of 1,933,648. Klaviyo, Inc. has a fifty-two week low of $23.77 and a fifty-two week high of $49.55. The stock's fifty day moving average price is $32.08 and its 200 day moving average price is $32.04. The firm has a market capitalization of $10.57 billion, a price-to-earnings ratio of -140.96 and a beta of 1.36.

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

Analyst Ratings Changes

A number of research analysts have recently issued reports on KVYO shares. Cantor Fitzgerald upgraded shares of Klaviyo to an "overweight" rating and set a $48.00 price target on the stock in a research note on Tuesday, June 3rd. Stifel Nicolaus lowered their price objective on Klaviyo from $45.00 to $40.00 and set a "buy" rating on the stock in a report on Tuesday, July 15th. TD Cowen increased their target price on Klaviyo from $45.00 to $46.00 and gave the stock a "buy" rating in a research note on Wednesday, August 6th. Zacks Research raised Klaviyo to a "strong sell" rating in a report on Friday, August 8th. Finally, Wall Street Zen lowered Klaviyo from a "buy" rating to a "hold" rating in a report on Sunday, August 17th. Nineteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $44.45.

Institutional Investors Weigh In On Klaviyo

Several institutional investors have recently modified their holdings of KVYO. Vanguard Group Inc. increased its stake in Klaviyo by 9.7% in the 1st quarter. Vanguard Group Inc. now owns 8,467,933 shares of the company's stock valued at $256,240,000 after purchasing an additional 746,078 shares in the last quarter. Alliancebernstein L.P. grew its holdings in Klaviyo by 10.1% in the second quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company's stock valued at $148,566,000 after purchasing an additional 404,969 shares during the last quarter. Whale Rock Capital Management LLC increased its position in shares of Klaviyo by 7.4% in the fourth quarter. Whale Rock Capital Management LLC now owns 3,868,451 shares of the company's stock valued at $159,535,000 after buying an additional 267,845 shares in the last quarter. Sands Capital Alternatives LLC raised its stake in shares of Klaviyo by 2.1% during the 2nd 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 last quarter. Finally, Federated Hermes Inc. boosted its position in shares of Klaviyo by 9.0% in the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 45.43% of the company's stock.

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.