Klaviyo (NYSE:KVYO) Stock Price Down 5.2% on Insider Selling

Key Points

• Shares dropped 5.2% after CEO Andrew Bialecki sold 200,000 shares under a pre-arranged Rule 10b5‑1 plan (sold at about $18.63/share), reducing his ownership by 50%.
• Analysts have trimmed targets but the consensus remains a Moderate Buy with an average price target of $34.24 (19 Buys, 3 Holds, 1 Sell).
• Klaviyo beat the quarter with $0.19 EPS vs. $0.17 expected and revenue up 29.6% to $350.2M, but the company still posts a negative net margin (−2.57%) and a negative P/E (−137.36).

Shares of Klaviyo, Inc. (NYSE:KVYO - Get Free Report) dropped 5.2% during trading on Friday after an insider sold shares in the company. The company traded as low as $16.81 and last traded at $16.8730. Approximately 875,244 shares changed hands during mid-day trading, a decline of 80% from the average daily volume of 4,284,277 shares. The stock had previously closed at $17.79.

Specifically, CEO Andrew Bialecki sold 200,000 shares of the firm's stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $18.63, for a total value of $3,726,000.00. Following the completion of the transaction, the chief executive officer directly owned 200,000 shares of the company's stock, valued at $3,726,000. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

A number of equities analysts have recently commented on KVYO shares. Stifel Nicolaus reduced their price objective on shares of Klaviyo from $40.00 to $35.00 and set a "buy" rating for the company in a report on Wednesday, February 11th. Zacks Research downgraded Klaviyo from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 29th. Morgan Stanley reissued an "overweight" rating and issued a $38.00 target price on shares of Klaviyo in a report on Wednesday, February 11th. Jefferies Financial Group lowered their price target on Klaviyo from $35.00 to $29.00 and set a "buy" rating on the stock in a research report on Wednesday, February 11th. Finally, Benchmark dropped their price objective on Klaviyo from $46.00 to $30.00 and set a "buy" rating for the company in a research note on Monday, February 9th. Nineteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Klaviyo currently has an average rating of "Moderate Buy" and an average price target of $34.24.

Klaviyo Stock Down 7.3%

The business has a fifty day moving average of $19.04 and a 200 day moving average of $24.98. The firm has a market cap of $5.03 billion, a P/E ratio of -137.36 and a beta of 0.86.

Klaviyo (NYSE:KVYO - Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. Klaviyo had a positive return on equity of 2.03% and a negative net margin of 2.57%.The firm had revenue of $350.20 million for the quarter, compared to analyst estimates of $333.99 million. During the same period in the previous year, the company posted $0.07 earnings per share. The company's revenue for the quarter was up 29.6% on a year-over-year basis. On average, sell-side analysts expect that Klaviyo, Inc. will post 0.04 EPS for the current fiscal year.

Institutional Trading of Klaviyo

Hedge funds and other institutional investors have recently made changes to their positions in the business. Capital International Investors bought a new stake in shares of Klaviyo in the 4th quarter valued at about $415,254,000. Morgan Stanley lifted its position in Klaviyo by 36.1% during the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock worth $472,344,000 after acquiring an additional 3,855,160 shares during the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in shares of Klaviyo during the fourth quarter worth approximately $92,675,000. Vanguard Group Inc. boosted its holdings in shares of Klaviyo by 19.2% during the third quarter. Vanguard Group Inc. now owns 12,787,728 shares of the company's stock worth $354,092,000 after acquiring an additional 2,059,550 shares during the period. Finally, JPMorgan Chase & Co. grew its position in shares of Klaviyo by 86.8% in the fourth quarter. JPMorgan Chase & Co. now owns 3,564,743 shares of the company's stock valued at $115,747,000 after purchasing an additional 1,656,912 shares during the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

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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