Klaviyo (NYSE:KVYO) Shares Up 7.5% - Here's Why

Key Points

• Klaviyo shares jumped about 7.5% mid-day to $20.99 (intraday high $21.16) on Thursday, trading on roughly 1.47M shares—well below the average session volume.
• The company beat estimates for the quarter (EPS $0.19 vs. $0.17 and revenue $350.2M vs. $334M), with revenue up 29.6% year-over-year, but it still reported a negative net margin.
• Analysts hold a Moderate Buy consensus (19 Buys, 3 Holds, 1 Sell) with a $34.24 average price target, while insiders have sold about 1.56M shares in the past 90 days.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report)'s stock price traded up 7.5% during mid-day trading on Thursday . The company traded as high as $21.16 and last traded at $20.99. 1,471,157 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 4,715,059 shares. The stock had previously closed at $19.53.

Analyst Ratings Changes

A number of brokerages have recently commented on KVYO. Zacks Research lowered shares of Klaviyo from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 29th. Benchmark dropped their price target on shares of Klaviyo from $46.00 to $30.00 and set a "buy" rating on the stock in a research report on Monday, February 9th. TD Cowen reiterated a "buy" rating on shares of Klaviyo in a research report on Wednesday, February 11th. William Blair reissued an "outperform" rating on shares of Klaviyo in a research note on Monday. Finally, Mizuho set a $37.00 price target on Klaviyo in a research note on Wednesday, February 11th. Nineteen 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 company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $34.24.

Klaviyo Stock Performance

The company has a 50 day moving average of $23.57 and a 200 day moving average of $27.29. The stock has a market capitalization of $6.31 billion, a price-to-earnings ratio of -172.57 and a beta of 1.28.

Klaviyo (NYSE:KVYO - Get Free Report) last released its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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%. The company's revenue for the quarter was up 29.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.07 earnings per share. On average, equities analysts predict that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Insider Activity at Klaviyo

In other Klaviyo news, Director Ed Hallen sold 117,550 shares of the company's stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $30.36, for a total value of $3,568,818.00. Following the completion of the sale, the director directly owned 133,624 shares in the company, valued at $4,056,824.64. This represents a 46.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Andrew Bialecki sold 200,000 shares of the firm's stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 1,565,555 shares of company stock worth $42,214,025. Insiders own 49.92% of the company's stock.

Institutional Investors Weigh In On Klaviyo

Hedge funds and other institutional investors have recently bought and sold shares of the company. Invesco Ltd. grew its stake in shares of Klaviyo by 50.3% in the 4th quarter. Invesco Ltd. now owns 25,964 shares of the company's stock valued at $843,000 after buying an additional 8,685 shares during the period. Vident Advisory LLC lifted its holdings in Klaviyo by 22.0% in the fourth quarter. Vident Advisory LLC now owns 12,555 shares of the company's stock valued at $408,000 after acquiring an additional 2,267 shares during the last quarter. Delta Global Management LP lifted its holdings in Klaviyo by 52.7% in the fourth quarter. Delta Global Management LP now owns 785,308 shares of the company's stock valued at $25,499,000 after acquiring an additional 270,944 shares during the last quarter. Fuller & Thaler Asset Management Inc. purchased a new position in Klaviyo in the fourth quarter worth approximately $92,675,000. Finally, Sunstone Asset Management L.P. acquired a new stake in Klaviyo during the fourth quarter worth $336,000. 45.43% of the stock is currently owned by institutional investors and hedge funds.

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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