Klaviyo (NYSE:KVYO) CEO Andrew Bialecki Sells 200,000 Shares

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $14.61, for a total transaction of $2,922,000.00. Following the completion of the transaction, the chief executive officer directly owned 200,000 shares in the company, valued at approximately $2,922,000. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Andrew Bialecki also recently made the following trade(s):

• On Tuesday, April 14th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $17.19, for a total transaction of $3,438,000.00.
• On Tuesday, April 7th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.63, for a total transaction of $3,726,000.00.
• On Tuesday, March 31st, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.42, for a total transaction of $3,884,000.00.
• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.17, for a total transaction of $3,634,000.00.
• On Tuesday, March 17th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $19.37, for a total transaction of $3,874,000.00.
• On Tuesday, March 10th, Andrew Bialecki sold 206,827 shares of Klaviyo stock. The shares were sold at an average price of $19.96, for a total transaction of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $18.64, for a total transaction of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $16.76, for a total transaction of $3,352,000.00.

Klaviyo Trading Up 0.6%

KVYO opened at $14.32 on Friday. The company’s 50 day moving average is $18.62 and its 200-day moving average is $23.42. Klaviyo, Inc. has a 1-year low of $13.53 and a 1-year high of $36.76. The company has a market cap of $4.36 billion, a P/E ratio of -357.91 and a beta of 0.79.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. Klaviyo had a negative net margin of 0.66% and a positive return on equity of 4.16%. The company had revenue of $358.01 million for the quarter, compared to the consensus estimate of $348.57 million. During the same period last year, the company posted $0.14 EPS. The firm’s quarterly revenue was up 27.9% compared to the same quarter last year. On average, equities analysts forecast that Klaviyo, Inc. will post 0.25 EPS for the current year.

Institutional Investors Weigh In On Klaviyo

Several hedge funds have recently added to or reduced their stakes in the business. Morgan Stanley boosted its position in Klaviyo by 36.1% during the 4th quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after buying an additional 3,855,160 shares during the period. Vanguard Group Inc. boosted its position in Klaviyo by 12.3% during the 4th quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after buying an additional 1,573,812 shares during the period. Capital International Investors acquired a new stake in Klaviyo during the 4th quarter worth approximately $415,254,000. Alliancebernstein L.P. boosted its position in Klaviyo by 8.6% during the 3rd quarter. Alliancebernstein L.P. now owns 4,806,677 shares of the company’s stock worth $133,097,000 after buying an additional 382,428 shares during the period. Finally, Sands Capital Alternatives LLC boosted its position in Klaviyo by 3.8% during the 4th 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 period. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on KVYO. Morgan Stanley set a $34.00 price target on shares of Klaviyo in a research note on Wednesday, April 29th. Stephens reduced their price target on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 11th. Robert W. Baird set a $34.00 price target on shares of Klaviyo in a research note on Wednesday, February 11th. Canaccord Genuity Group set a $32.00 price target on shares of Klaviyo in a research note on Wednesday, February 11th. Finally, Mizuho set a $37.00 price target on shares of Klaviyo in a research note on Wednesday, February 11th. Eighteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $31.40.

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.