Short Interest in Klaviyo, Inc. (NYSE:KVYO) Grows By 25.1%

Klaviyo, Inc. (NYSE:KVYO) saw a large growth in short interest in April. As of April 15th, there was short interest totaling 12,553,986 shares, a growth of 25.1% from the March 31st total of 10,038,330 shares. Based on an average daily volume of 4,057,750 shares, the days-to-cover ratio is presently 3.1 days. Currently, 8.2% of the shares of the company are short sold.

Klaviyo Stock Up 10.1%

Shares of Klaviyo stock traded up $2.04 during trading on Friday, hitting $22.13. 6,056,502 shares of the company were exchanged, compared to its average volume of 4,221,832. Klaviyo has a fifty-two week low of $15.53 and a fifty-two week high of $37.79. The stock has a market capitalization of $6.74 billion, a price-to-earnings ratio of -184.39 and a beta of 0.79. The firm has a 50 day moving average price of $18.85 and a 200 day moving average price of $23.93.

Klaviyo (NYSE:KVYO) last issued 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 positive return on equity of 2.03% and a negative net margin of 2.57%.The firm had revenue of $350.20 million during the quarter, compared to the consensus estimate of $333.99 million. During the same period in the previous year, the firm posted $0.07 EPS. The company’s quarterly revenue was up 29.6% compared to the same quarter last year. Analysts predict that Klaviyo will post 0.22 earnings per share for the current year.

Insider Buying and Selling at Klaviyo

In other news, CEO Andrew Bialecki sold 200,000 shares of Klaviyo stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $17.19, for a total transaction of $3,438,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares in the company, valued at approximately $3,438,000. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Landon Edmond sold 9,623 shares of Klaviyo stock in a transaction that occurred on Monday, April 20th. The shares were sold at an average price of $20.00, for a total transaction of $192,460.00. Following the sale, the insider owned 584,124 shares of the company’s stock, valued at approximately $11,682,480. The trade was a 1.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,473,909 shares of company stock valued at $27,200,157. 49.92% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Fifth Third Bancorp acquired a new position in shares of Klaviyo during the 1st quarter worth approximately $1,250,000. Hsbc Holdings PLC acquired a new position in shares of Klaviyo during the 1st quarter worth approximately $376,000. Barton Investment Management raised its position in shares of Klaviyo by 56.7% during the 1st quarter. Barton Investment Management now owns 1,050,052 shares of the company’s stock worth $20,434,000 after purchasing an additional 380,010 shares during the last quarter. Krilogy Financial LLC acquired a new position in shares of Klaviyo during the 1st quarter worth approximately $221,000. Finally, Rockefeller Capital Management L.P. raised its holdings in Klaviyo by 2,641.0% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,207 shares of the company’s stock valued at $104,000 after acquiring an additional 3,090 shares during the last quarter. 45.43% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Mizuho set a $37.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Zacks Research downgraded shares of Klaviyo from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 29th. Stephens reduced their price target on shares of Klaviyo from $43.00 to $31.00 and set an “overweight” rating for the company in a research report on Wednesday, February 11th. Robert W. Baird set a $34.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Finally, Piper Sandler reiterated an “overweight” rating and set a $30.00 price target on shares of Klaviyo in a research report on Wednesday, February 11th. Eighteen investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.19.

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.