In Wednesday’s Wall Street session, Klaviyo Inc (NYSE:KVYO) shares traded at $33.62, up 6.39% from the previous session.
KVYO stock price is now 6.69% away from the 50-day moving average and -5.54% away from the 200-day moving average. The market capitalization of the company currently stands at $8.71B.
With the price target of $43, Stephens recently initiated with Overweight rating for Klaviyo Inc (NYSE: KVYO). On December 23, 2024, Loop Capital reiterated its ‘Buy’ rating on the stock by increasing its target price from $45 to quote $60, while ‘Macquarie’ rates the stock as ‘Neutral’
In other news, Rowland Stephen Eric, President sold 7,060 shares of the company’s stock on Apr 15 ’25. The stock was sold for $188,220 at an average price of $26.66. Upon completion of the transaction, the President now directly owns 447,310 shares in the company, valued at $15.04 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 11 ’25, Chief Financial Officer Whalen Amanda sold 15,000 shares of the business’s stock. A total of $400,540 was realized by selling the stock at an average price of $26.70. This leaves the insider owning 553,943 shares of the company worth $18.62 million. A total of 75.65% of the company’s stock is owned by insiders.
During the past 12 months, Klaviyo Inc has had a low of $21.26 and a high of $49.55. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 5.10, and a quick ratio of 5.10.
The net profit margin was -4.70% and return on equity was -4.73% for KVYO. The company reported revenue of $279.83 million for the quarter, compared to $209.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 33.26 percent.
