New insider activity at Klaviyo, Inc. Class A ( (KVYO) ) has taken place on March 18, 2025.
Summit Partners LP, a significant stakeholder holding a 10% ownership in Klaviyo, Inc., has made a notable transaction by selling 2,000,000 shares of Klaviyo, Inc. Class A stock. This major sale has been valued at an impressive $64,880,000.
Recent Updates on KVYO stock
Klaviyo, Inc. Class A has experienced positive developments recently, with multiple firms raising their price targets for the stock. The company’s strong Q4 results, characterized by significant revenue growth, robust free cash flow, and successful international expansion, have been key drivers behind these changes. Analysts have noted the company’s strategic partnerships and product innovations, particularly in AI and analytics, as factors that could expand its market reach and enhance its platform capabilities. Despite challenges such as declining gross margins and potential customer churn due to pricing changes, the overall sentiment remains optimistic, with expectations of continued growth through strategic investments and international expansion.
More about Klaviyo, Inc. Class A
YTD Price Performance: -20.05%
Average Trading Volume: 1,402,961
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $9.09B