Insider Selling: Klaviyo (NYSE:KVYO) CEO Sells $3,884,000.00 in Stock

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the business’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $19.42, for a total transaction of $3,884,000.00. Following the sale, the chief executive officer directly owned 200,000 shares of the company’s stock, valued at approximately $3,884,000. This represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Tuesday, March 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was 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 value 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 value of $4,128,266.92.
• On Tuesday, March 3rd, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $18.64, for a total value of $3,728,000.00.
• On Tuesday, February 24th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The stock was sold at an average price of $16.76, for a total value of $3,352,000.00.
• On Tuesday, January 27th, Andrew Bialecki sold 155,219 shares of Klaviyo stock. The shares were sold at an average price of $25.33, for a total value of $3,931,697.27.
• On Tuesday, January 20th, Andrew Bialecki sold 167,926 shares of Klaviyo stock. The stock was sold at an average price of $24.16, for a total value of $4,057,092.16.
• On Tuesday, January 13th, Andrew Bialecki sold 140,646 shares of Klaviyo stock. The stock was sold at an average price of $27.41, for a total value of $3,855,106.86.
• On Wednesday, January 7th, Andrew Bialecki sold 16,649 shares of Klaviyo stock. The shares were sold at an average price of $30.01, for a total value of $499,636.49.
• On Tuesday, January 6th, Andrew Bialecki sold 137,504 shares of Klaviyo stock. The shares were sold at an average price of $28.91, for a total value of $3,975,240.64.

Klaviyo Stock Performance

Shares of KVYO stock opened at $19.16 on Friday. Klaviyo, Inc. has a 1 year low of $15.53 and a 1 year high of $37.79. The firm has a market capitalization of $5.84 billion, a PE ratio of -159.65 and a beta of 0.86. The stock has a fifty day moving average of $19.55 and a two-hundred day moving average of $25.35.

Klaviyo (NYSE:KVYO) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. Klaviyo had a negative net margin of 2.57% and a positive return on equity of 2.03%. The company had revenue of $350.20 million for the quarter, compared to analysts’ expectations of $333.99 million. During the same quarter in the previous year, the company posted $0.07 EPS. The business’s revenue was up 29.6% compared to the same quarter last year. Equities research analysts predict that Klaviyo, Inc. will post 0.04 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. Zacks Research cut Klaviyo from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 29th. Robert W. Baird set a $34.00 price target on Klaviyo in a research report on Wednesday, February 11th. Benchmark dropped their price target on Klaviyo from $46.00 to $30.00 and set a “buy” rating on the stock in a research note on Monday, February 9th. Citigroup cut their price objective on Klaviyo from $51.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, February 11th. Finally, Barclays reduced their price objective on shares of Klaviyo from $42.00 to $31.00 and set an “overweight” rating for the company in a research note on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.24.

Hedge Funds Weigh In On Klaviyo

A number of hedge funds have recently modified their holdings of KVYO. Caitong International Asset Management Co. Ltd raised its holdings in shares of Klaviyo by 1,650.9% during 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 in the last quarter. FNY Investment Advisers LLC purchased a new position in Klaviyo in the third quarter valued at about $34,000. Quarry LP acquired a new position in Klaviyo in the 3rd quarter worth about $44,000. Osaic Holdings Inc. increased its position in Klaviyo by 317.0% in the 2nd quarter. Osaic Holdings Inc. now owns 1,689 shares of the company’s stock worth $55,000 after purchasing an additional 1,284 shares during the last quarter. Finally, RiverPark Advisors LLC purchased a new stake in shares of Klaviyo during the 3rd quarter worth about $69,000. 45.43% of the stock is owned by institutional investors and hedge funds.

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.