Landon Edmond Sells 15,093 Shares of Klaviyo (NYSE:KVYO) Stock

Key Points

• Insider Landon Edmond sold 15,093 Klaviyo shares on March 5 at an average price of $20.16 for about $304,275, reducing his stake by 4.42% to 326,728 shares; he also sold 10,000 shares on Jan. 15 and 14,190 on Dec. 18, showing a recent pattern of insider selling.
• Klaviyo beat its most recent quarterly estimates with $0.19 EPS (vs. $0.17 expected) and revenue of $350.2M (up 29.6% YoY), but retains a negative net margin and negative PE while analysts hold a "Moderate Buy" consensus and an average target of $34.24.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) insider Landon Edmond sold 15,093 shares of Klaviyo stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $20.16, for a total transaction of $304,274.88. Following the completion of the sale, the insider directly owned 326,728 shares of the company's stock, valued at approximately $6,586,836.48. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Landon Edmond also recently made the following trade(s):

• On Thursday, January 15th, Landon Edmond sold 10,000 shares of Klaviyo stock. The stock was sold at an average price of $25.83, for a total transaction of $258,300.00.
• On Thursday, December 18th, Landon Edmond sold 14,190 shares of Klaviyo stock. The shares were sold at an average price of $31.38, for a total transaction of $445,282.20.

Klaviyo Price Performance

Shares of NYSE:KVYO traded up $1.69 during midday trading on Thursday, hitting $21.22. 8,275,607 shares of the company's stock were exchanged, compared to its average volume of 5,862,120. Klaviyo, Inc. has a 12 month low of $15.53 and a 12 month high of $39.66. The company has a market cap of $6.47 billion, a PE ratio of -176.82 and a beta of 1.28. The stock has a 50 day moving average price of $23.35 and a 200-day moving average price of $27.25.

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

Institutional Trading of Klaviyo

Hedge funds have recently added to or reduced their stakes in the stock. Morgan Stanley boosted its stake in Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company's stock valued at $472,344,000 after acquiring an additional 3,855,160 shares during the last quarter. Vanguard Group Inc. lifted its stake in Klaviyo by 12.3% in the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company's stock valued at $466,319,000 after purchasing an additional 1,573,812 shares during the last quarter. Capital International Investors purchased a new position in Klaviyo in the fourth quarter valued at approximately $415,254,000. Alliancebernstein L.P. grew its holdings in Klaviyo by 8.6% during the third quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company's stock valued at $133,097,000 after purchasing an additional 382,428 shares during the period. Finally, Sands Capital Alternatives LLC increased its position in Klaviyo by 3.8% in the fourth quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company's stock worth $118,505,000 after buying an additional 134,613 shares during the last quarter. Institutional investors own 45.43% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on KVYO shares. Benchmark lowered their price target on Klaviyo from $46.00 to $30.00 and set a "buy" rating for the company in a research report on Monday, February 9th. Macquarie Infrastructure lowered their target price on shares of Klaviyo from $37.00 to $30.00 and set a "neutral" rating for the company in a report on Tuesday, November 11th. Mizuho set a $37.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Zacks Research cut shares of Klaviyo from a "strong-buy" rating to a "hold" rating in a report on Thursday, January 29th. Finally, Wall Street Zen upgraded shares of Klaviyo from a "hold" rating to a "buy" rating in a research note on Saturday, February 14th. Nineteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Klaviyo presently has a consensus rating of "Moderate Buy" and an average target price of $34.24.

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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