1 week Ago By ABMN Staff
Klaviyo ( NYSE:KVYO – Free Report ) had its price target lifted by Loop Capital from $45.00 to $60.00 in a report released on Monday morning, Marketbeat reports.
Loop Capital currently has a buy rating on the stock. KVYO has been the topic of a number of other research reports. Canaccord Genuity Group upped their price target on shares of Klaviyo from $32.
00 to $40.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. KeyCorp increased their price objective on Klaviyo from $42.
00 to $45.00 and gave the stock an “overweight” rating in a research report on Friday, December 13th. Benchmark reduced their target price on shares of Klaviyo from $42.
00 to $40.00 and set a “buy” rating for the company in a research report on Thursday, November 7th. Barclays increased their target price on shares of Klaviyo from $32.
00 to $41.00 and gave the stock an “overweight” rating in a research report on Friday, October 11th. Finally, Piper Sandler lifted their price target on shares of Klaviyo from $34.
00 to $45.00 and gave the company an “overweight” rating in a research report on Friday, October 18th. Three analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company.
According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $40.88.
View Our Latest Research Report on KVYO Klaviyo Stock Performance Klaviyo ( NYSE:KVYO – Get Free Report ) last released its quarterly earnings data on Wednesday, November 6th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.
11 by $0.04. The company had revenue of $235.
09 million during the quarter, compared to analysts’ expectations of $226.33 million. Klaviyo had a positive return on equity of 0.
86% and a negative net margin of 5.23%. The business’s revenue was up 33.
7% on a year-over-year basis. During the same period last year, the firm posted ($1.24) earnings per share.
As a group, equities analysts forecast that Klaviyo will post 0.03 earnings per share for the current year. Insider Buying and Selling In related news, CFO Amanda Whalen sold 15,000 shares of the business’s stock in a transaction on Friday, December 13th.
The shares were sold at an average price of $39.39, for a total value of $590,850.00.
Following the sale, the chief financial officer now owns 391,820 shares of the company’s stock, valued at $15,433,789.80. The trade was a 3.
69 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website . Also, President Stephen Eric Rowland sold 18,114 shares of the firm’s stock in a transaction on Tuesday, October 15th.
The stock was sold at an average price of $37.19, for a total value of $673,659.66.
Following the transaction, the president now directly owns 192,488 shares of the company’s stock, valued at approximately $7,158,628.72. This represents a 8.
60 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 127,650 shares of company stock worth $4,676,705 in the last three months.
53.24% of the stock is owned by corporate insiders. Hedge Funds Weigh In On Klaviyo A number of hedge funds and other institutional investors have recently made changes to their positions in KVYO.
Advisors Asset Management Inc. increased its position in Klaviyo by 145.6% during the 3rd quarter.
Advisors Asset Management Inc. now owns 1,363 shares of the company’s stock valued at $48,000 after purchasing an additional 808 shares during the period. nVerses Capital LLC bought a new stake in Klaviyo during the third quarter valued at $53,000.
West Tower Group LLC acquired a new stake in Klaviyo during the 3rd quarter worth about $177,000. Victory Capital Management Inc. bought a new position in shares of Klaviyo in the 3rd quarter worth about $208,000.
Finally, William Marsh Rice University acquired a new position in shares of Klaviyo in the 3rd quarter valued at about $245,000. 45.43% of the stock is owned by institutional investors and hedge funds.
Klaviyo Company Profile ( Get Free Report ) Klaviyo, Inc, a technology company, provides a software-as-a-service platform in the United States, other Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company offers Klaviyo, a cloud-native platform for data store, segmentation engine, campaigns and flows, and messaging infrastructure. Featured Stories Receive News & Ratings for Klaviyo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Klaviyo and related companies with MarketBeat.
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