Major Stakeholder Offloads Millions in Klaviyo Stock!

New insider activity at Klaviyo, Inc. Class A ( (KVYO) ) has taken place on June 5, 2025.

Significant shareholder Summit Partners LP has divested 4,000,000 shares of Klaviyo, Inc. Class A stock in a transaction valued at $133,400,000.

Recent Updates on KVYO stock

In the last 24 hours, Klaviyo, Inc. Class A has been the subject of several significant developments. Cantor Fitzgerald analyst Matthew VanVliet adjusted the price target for Klaviyo from $54 to $48, citing the company’s strong competitive position in the ecommerce industry and its alignment with Shopify, which is gaining market share. Additionally, Klaviyo announced a $372 million secondary offering to cover CEO Andrew Bialecki’s tax obligations related to stock options, which will not provide proceeds to the company. This offering, managed by Goldman Sachs and Morgan Stanley, is subject to market conditions. Despite positive earnings highlighting growth and expansion, concerns over profitability and valuation have influenced recent analyst ratings and price target adjustments.

Spark’s Take on KVYO Stock

According to Spark, TipRanks’ AI Analyst, KVYO is a Neutral.

Klaviyo, Inc. exhibits strong revenue growth and financial stability, supported by a positive earnings call highlighting strategic expansions and product innovations. However, challenges in profitability and valuation concerns due to high P/E ratios and lack of dividends moderate the overall score.

To see Spark’s full report on KVYO stock, click here.

More about Klaviyo, Inc. Class A

YTD Price Performance: -16.57%

Average Trading Volume: 2,272,055

Technical Sentiment Signal: Strong Buy

Current Market Cap: $9.38B