Landon Edmond Sells 8,103 Shares of Klaviyo (NYSE:KVYO) Stock

Klaviyo, Inc. (NYSE:KVYO) insider Landon Edmond sold 8,103 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $20.44, for a total value of $165,625.32. Following the transaction, the insider owned 477,866 shares in the company, valued at $9,767,581.04. The trade was a 1.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Landon Edmond also recently made the following trade(s):

• On Friday, August 28th, Landon Edmond sold 53,473 shares of Klaviyo stock. The shares were sold at an average price of $20.01, for a total transaction of $1,069,994.73.

Klaviyo Stock Down 6.1%

Klaviyo stock opened at $19.39 on Thursday. The company has a market capitalization of $5.52 billion, a PE ratio of 969.93 and a beta of 0.57. Klaviyo, Inc. has a 12-month low of $12.53 and a 12-month high of $36.22. The firm’s fifty day moving average is $17.67 and its 200 day moving average is $17.41.

Klaviyo (NYSE:KVYO) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 EPS for the quarter, hitting analysts’ consensus estimates of $0.19. Klaviyo had a net margin of 0.49% and a return on equity of 5.67%. The business had revenue of $370.58 million during the quarter, compared to analysts’ expectations of $362.08 million. During the same period last year, the company posted $0.16 earnings per share. The business’s quarterly revenue was up 26.4% on a year-over-year basis. Sell-side analysts expect that Klaviyo, Inc. will post 0.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Scotiabank set a $32.00 price target on Klaviyo in a report on Wednesday, June 17th. BTIG Research lowered their target price on Klaviyo from $30.00 to $25.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Robert W. Baird set a $25.00 target price on Klaviyo in a report on Thursday, August 6th. Citigroup lifted their price target on shares of Klaviyo from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Morgan Stanley set a $31.00 price target on shares of Klaviyo in a research note on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $27.14.

Institutional Trading of Klaviyo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KVYO. Royal Bank of Canada raised its stake in shares of Klaviyo by 59.4% in the first quarter. Royal Bank of Canada now owns 10,008 shares of the company’s stock worth $303,000 after purchasing an additional 3,730 shares during the last quarter. Amundi boosted its position in shares of Klaviyo by 109.7% during 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 purchased a new position in shares of Klaviyo during the first quarter valued at approximately $359,000. Woodline Partners LP grew its holdings in 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 in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in 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 in the last quarter. 45.43% of the stock is owned by institutional investors.

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.