Klaviyo (NYSE:KVYO) Trading Down 7.5% – Here’s Why

Klaviyo, Inc. (NYSE:KVYO) was down 7.5% during mid-day trading on Tuesday . The company traded as low as $21.10 and last traded at $20.8780. Approximately 208,448 shares traded hands during trading, a decline of 94% from the average daily volume of 3,517,636 shares. The stock had previously closed at $22.56.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on KVYO. Weiss Ratings started coverage on shares of Klaviyo in a report on Saturday, November 1st. They issued a “sell (d-)” rating for the company. Macquarie reduced their price target on Klaviyo from $37.00 to $30.00 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Piper Sandler lowered their price target on shares of Klaviyo from $45.00 to $30.00 and set an “overweight” rating for the company in a report on Monday. The Goldman Sachs Group cut their target price on shares of Klaviyo from $48.00 to $41.00 and set a “buy” rating on the stock in a research report on Friday, November 7th. Finally, Benchmark reissued a “buy” rating on shares of Klaviyo in a research report on Tuesday, November 4th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $41.05.

Klaviyo Trading Down 10.9%

The stock has a market cap of $6.07 billion, a price-to-earnings ratio of -84.09 and a beta of 1.08. The firm’s 50-day moving average is $28.56 and its two-hundred day moving average is $29.34.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.04. The business had revenue of $310.88 million for the quarter, compared to analysts’ expectations of $299.93 million. Klaviyo had a negative net margin of 5.70% and a negative return on equity of 1.00%. The business’s quarterly revenue was up 32.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.15 earnings per share. On average, analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current year.

Insider Transactions at Klaviyo

In related news, CEO Andrew Bialecki sold 155,219 shares of the business’s stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $25.33, for a total value of $3,931,697.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Amanda Whalen sold 14,000 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $25.83, for a total transaction of $361,620.00. Following the completion of the sale, the chief financial officer owned 442,219 shares of the company’s stock, valued at $11,422,516.77. This represents a 3.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,862,901 shares of company stock valued at $52,846,182. 49.92% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Klaviyo

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd grew its holdings in shares of Klaviyo by 1,650.9% in the third quarter. Caitong International Asset Management Co. Ltd now owns 963 shares of the company’s stock worth $27,000 after acquiring an additional 908 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Klaviyo during the second quarter worth $31,000. FNY Investment Advisers LLC purchased a new stake in Klaviyo in the 3rd quarter valued at about $34,000. First Horizon Advisors Inc. purchased a new position in shares of Klaviyo during the 2nd quarter worth approximately $37,000. Finally, Quarry LP acquired a new stake in Klaviyo during the 3rd quarter valued at $44,000. Hedge funds and other institutional investors own 45.43% of the company’s stock.

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.