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

Klaviyo, Inc. (NYSE:KVYO) CEO Andrew Bialecki sold 200,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $14.88, for a total value of $2,976,000.00. Following the completion of the sale, the chief executive officer directly owned 200,000 shares in the company, valued at approximately $2,976,000. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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, May 12th, Andrew Bialecki sold 200,000 shares of Klaviyo stock. The shares were sold at an average price of $14.61, for a total value of $2,922,000.00.
• 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 value 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 value 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 value of $3,884,000.00.
• 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 stock was 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 stock was 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 stock was 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 stock was sold at an average price of $16.76, for a total transaction of $3,352,000.00.

Klaviyo Stock Performance

Shares of NYSE:KVYO traded up $0.35 during trading on Wednesday, hitting $15.05. The company’s stock had a trading volume of 6,890,717 shares, compared to its average volume of 7,871,884. The business has a 50 day moving average price of $18.15 and a two-hundred day moving average price of $23.11. The company has a market capitalization of $4.51 billion, a PE ratio of -376.26 and a beta of 0.79. Klaviyo, Inc. has a fifty-two week low of $13.53 and a fifty-two week high of $36.76.

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

Institutional Investors Weigh In On Klaviyo

A number of institutional investors and hedge funds have recently bought and sold shares of KVYO. Royal Bank of Canada lifted its position in Klaviyo by 59.4% in the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock valued at $303,000 after acquiring an additional 3,730 shares during the last quarter. Amundi raised its holdings in shares of Klaviyo by 109.7% in the first quarter. Amundi now owns 14,361 shares of the company’s stock valued at $400,000 after buying an additional 7,514 shares during the last quarter. AQR Capital Management LLC acquired a new stake in shares of Klaviyo during the first quarter worth about $359,000. Woodline Partners LP grew its holdings in shares of Klaviyo by 54.5% during the first quarter. Woodline Partners LP now owns 12,419 shares of the company’s stock worth $376,000 after buying an additional 4,379 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Klaviyo by 40.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 148,158 shares of the company’s stock worth $4,483,000 after buying an additional 42,980 shares during the last quarter. 45.43% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on KVYO shares. Needham & Company LLC dropped their price target on shares of Klaviyo from $45.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, February 11th. Cantor Fitzgerald lowered their target price on shares of Klaviyo from $35.00 to $28.00 and set an “overweight” rating for the company in a research note on Wednesday, April 15th. Robert W. Baird set a $34.00 target price on shares of Klaviyo in a research note on Wednesday, February 11th. Morgan Stanley set a $34.00 target price on shares of Klaviyo in a research note on Wednesday, April 29th. Finally, William Blair reiterated an “outperform” rating on shares of Klaviyo in a research note on Monday, March 2nd. Eighteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $31.40.

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.