Capital Research Global Investors Decreases Position in Klaviyo, Inc. $KVYO

Capital Research Global Investors trimmed its position in shares of Klaviyo, Inc. (NYSE:KVYO) by 4.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,593,143 shares of the company’s stock after selling 125,724 shares during the period. Capital Research Global Investors owned 0.86% of Klaviyo worth $71,804,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in KVYO. Vanguard Group Inc. increased its holdings in Klaviyo by 19.2% in the 3rd 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 last quarter. Alliancebernstein L.P. lifted its stake in shares of Klaviyo by 10.1% during the 2nd quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company’s stock valued at $148,566,000 after buying an additional 404,969 shares in the last quarter. Sands Capital Alternatives LLC grew its stake in Klaviyo by 2.1% in the 2nd quarter. Sands Capital Alternatives LLC now owns 3,515,065 shares of the company’s stock valued at $118,036,000 after buying an additional 71,550 shares in the last quarter. Federated Hermes Inc. raised its holdings in Klaviyo by 9.0% during the 2nd quarter. Federated Hermes Inc. now owns 2,911,007 shares of the company’s stock valued at $97,752,000 after acquiring an additional 241,207 shares during the period. Finally, American Century Companies Inc. lifted its position in shares of Klaviyo by 123.4% during the second quarter. American Century Companies Inc. now owns 2,685,480 shares of the company’s stock worth $90,178,000 after acquiring an additional 1,483,427 shares in the last quarter. 45.43% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on KVYO. Stephens decreased their price objective on Klaviyo from $43.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Cantor Fitzgerald reduced their price objective on shares of Klaviyo from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Mizuho set a $37.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a report on Wednesday, February 11th. Finally, Citigroup reduced their target price on Klaviyo from $51.00 to $40.00 and set a “buy” rating for the company in a research report on Wednesday, February 11th. Nineteen 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 data from MarketBeat, Klaviyo currently has an average rating of “Moderate Buy” and an average target price of $34.24.

Klaviyo Trading Down 1.2%

Shares of Klaviyo stock opened at $19.86 on Thursday. The business’s 50-day moving average price is $22.37 and its 200-day moving average price is $26.89. The firm has a market capitalization of $6.05 billion, a PE ratio of -165.51 and a beta of 1.28. Klaviyo, Inc. has a 12 month low of $15.53 and a 12 month high of $37.79.

Klaviyo (NYSE:KVYO) last issued its quarterly earnings results on Tuesday, February 10th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.02. The business had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The business’s quarterly revenue was up 29.6% on a year-over-year basis. During the same period last year, the business earned $0.07 earnings per share. As a group, analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $18.64, for a total transaction of $3,728,000.00. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Amanda Whalen sold 14,000 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $25.83, for a total value of $361,620.00. Following the completion of the sale, the chief financial officer directly owned 442,219 shares of the company’s stock, valued at approximately $11,422,516.77. This trade represents a 3.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,549,286 shares of company stock valued at $39,371,763 over the last three months. Insiders own 49.92% of the company’s stock.

Klaviyo 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.