Insider Selling: Klaviyo (NYSE:KVYO) President Sells 7,105 Shares of Stock

Key Points

• Stephen Eric Rowland, President of Klaviyo, sold 7,105 shares of the company's stock for approximately $223,523, which represents a 1.57% decrease in his holdings.
• Klaviyo's stock recently traded at $31.62 with a market capitalization of $9.49 billion, and the company reported a 31.9% revenue increase year-over-year.
• Analysts have issued varied ratings on Klaviyo, with the consensus target price set at $43.65, highlighting a mix of bullish and bearish sentiments about its stock performance.

Klaviyo, Inc. (NYSE:KVYO - Get Free Report) President Stephen Eric Rowland sold 7,105 shares of the company's stock in a transaction that occurred on Monday, August 18th. The shares were sold at an average price of $31.46, for a total value of $223,523.30. Following the transaction, the president directly owned 445,726 shares in the company, valued at approximately $14,022,539.96. This represents a 1.57% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Stephen Eric Rowland also recently made the following trade(s):

• On Tuesday, July 15th, Stephen Eric Rowland sold 7,079 shares of Klaviyo stock. The shares were sold at an average price of $31.56, for a total value of $223,413.24.
• On Tuesday, July 15th, Stephen Eric Rowland sold 7,079 shares of Klaviyo stock. The shares were sold at an average price of $31.56, for a total value of $223,413.24.

Klaviyo Trading Up 2.4%

Shares of NYSE KVYO traded up $0.7680 during trading hours on Friday, reaching $32.7480. The stock had a trading volume of 1,658,338 shares, compared to its average volume of 2,683,349. The firm has a market cap of $9.82 billion, a price-to-earnings ratio of -130.99 and a beta of 1.36. The business's fifty day moving average price is $32.52 and its two-hundred day moving average price is $33.67. Klaviyo, Inc. has a 52-week low of $23.77 and a 52-week high of $49.55.

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

Analyst Ratings Changes

KVYO has been the subject of a number of research reports. Wall Street Zen lowered Klaviyo from a "buy" rating to a "hold" rating in a report on Sunday, August 17th. Barclays upped their target price on Klaviyo from $35.00 to $38.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. Macquarie restated a "neutral" rating and set a $37.00 target price on shares of Klaviyo in a report on Wednesday, August 6th. Cantor Fitzgerald upgraded Klaviyo to an "overweight" rating and set a $48.00 target price for the company in a report on Tuesday, June 3rd. Finally, The Goldman Sachs Group lowered their target price on Klaviyo from $51.00 to $44.00 and set a "buy" rating for the company in a report on Wednesday, May 7th. Eighteen 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.com, Klaviyo has a consensus rating of "Moderate Buy" and a consensus target price of $43.65.

Institutional Trading of Klaviyo

Several hedge funds and other institutional investors have recently made changes to their positions in KVYO. TFC Financial Management Inc. purchased a new stake in shares of Klaviyo during the 1st quarter valued at $27,000. CWM LLC raised its stake in Klaviyo by 227.5% in the 1st quarter. CWM LLC now owns 930 shares of the company's stock worth $28,000 after acquiring an additional 646 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Klaviyo in the 2nd quarter worth $31,000. First Horizon Advisors Inc. acquired a new stake in Klaviyo during the 2nd quarter worth about $37,000. Finally, State of Wyoming acquired a new stake in Klaviyo during the 1st quarter worth about $42,000. Hedge funds and other institutional investors own 45.43% of the company's stock.

About Klaviyo

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.