Klaviyo (NYSE:KVYO) Stock Price Down 5.6% – Should You Sell?

by · The Markets Daily

Klaviyo, Inc. (NYSE:KVYOGet Free Report) shares dropped 5.6% during mid-day trading on Wednesday . The company traded as low as $17.33 and last traded at $17.33. 5,045,917 shares traded hands during trading, a decline of 8% from the average session volume of 5,513,301 shares. The stock had previously closed at $18.36.

Analyst Ratings Changes

KVYO has been the topic of several research analyst reports. Morgan Stanley set a $31.00 price objective on Klaviyo in a research report on Thursday, August 6th. TD Cowen reduced their price objective on shares of Klaviyo from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Citigroup raised their price target on Klaviyo from $34.00 to $36.00 and gave the company a “buy” rating in a report on Friday, August 7th. Canaccord Genuity Group decreased their price target on shares of Klaviyo from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, August 6th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $21.00 price target on shares of Klaviyo in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $27.14.

Read Our Latest Analysis on Klaviyo

Klaviyo Stock Up 11.6%

The firm’s fifty day moving average is $16.36 and its two-hundred day moving average is $17.69. The firm has a market cap of $5.76 billion, a P/E ratio of 962.63 and a beta of 0.54.

Klaviyo (NYSE:KVYOGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.19 earnings per share (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 company had revenue of $370.58 million during the quarter, compared to the consensus estimate of $362.08 million. During the same period in the prior year, the firm earned $0.16 earnings per share. Klaviyo’s revenue was up 26.4% on a year-over-year basis. As a group, sell-side analysts forecast that Klaviyo, Inc. will post 0.23 EPS for the current year.

Insider Buying and Selling at Klaviyo

In other Klaviyo news, CEO Andrew Bialecki sold 212,529 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of $14.61, for a total value of $3,105,048.69. Following the sale, the chief executive officer directly owned 212,529 shares of the company’s stock, valued at approximately $3,105,048.69. The trade was a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ledger Susan St. sold 9,334 shares of the company’s stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $14.27, for a total transaction of $133,196.18. Following the completion of the transaction, the director owned 10,939 shares in the company, valued at approximately $156,099.53. The trade was a 46.04% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 5,435,863 shares of company stock valued at $94,949,465 in the last quarter. 37.42% of the stock is owned by insiders.

Institutional Investors Weigh In On Klaviyo

Institutional investors have recently modified their holdings of the business. Morgan Stanley grew its stake in shares of Klaviyo by 36.1% in the fourth quarter. Morgan Stanley now owns 14,547,090 shares of the company’s stock worth $472,344,000 after acquiring an additional 3,855,160 shares during the period. Vanguard Group Inc. grew its holdings in shares of Klaviyo by 12.3% in the fourth quarter. Vanguard Group Inc. now owns 14,361,540 shares of the company’s stock worth $466,319,000 after acquiring an additional 1,573,812 shares during the period. Capital International Investors bought a new stake in shares of Klaviyo in the fourth quarter worth $415,254,000. Alliancebernstein L.P. increased its position in Klaviyo by 10.1% during the second quarter. Alliancebernstein L.P. now owns 4,424,249 shares of the company’s stock valued at $148,566,000 after acquiring an additional 404,969 shares during the last quarter. Finally, Sands Capital Alternatives LLC lifted its stake in shares of Klaviyo by 3.8% in the 4th quarter. Sands Capital Alternatives LLC now owns 3,649,678 shares of the company’s stock worth $118,505,000 after purchasing an additional 134,613 shares during the period. 45.43% of the stock is owned by hedge funds and other institutional investors.

About Klaviyo

(Get Free Report)

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.

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