SoFi stock falls after announcing $1.5B public offering of common stock
Klaviyo, Inc. (NYSE:KVYO) Chief Executive Officer Andrew Bialecki sold a total of 143,000 shares of Series A Common Stock on December 2 and December 4, 2025, for approximately $4.09 million. The sales were executed at prices ranging from $28.62 to $30.0 per share. The marketing automation company, currently valued at $8.77 billion, is trading at $29.98, near its InvestingPro Fair Value.
According to a Form 4 filing with the Securities and Exchange Commission, Bialecki sold 142,045 shares on December 2 at a price of $28.62 per share and 952 shares on December 4 at $30.0 per share.
On the same dates, Bialecki also acquired 142,045 and 952 shares of Series A Common Stock, respectively, through the conversion of Series B Common Stock. These transactions were executed at a price of $0. Notably, InvestingPro data shows Klaviyo holds more cash than debt on its balance sheet and maintains a strong current ratio of 4.88.
These transactions were executed under a Rule 10b5-1 trading plan adopted on May 20, 2025. While Klaviyo isn’t yet profitable over the last twelve months, 19 analysts have revised earnings upwards for the upcoming period, with an overall "Strong Buy" consensus. Discover more insights in Klaviyo’s comprehensive Pro Research Report, available with an InvestingPro subscription.
In other recent news, Klaviyo Inc reported impressive results during the Black Friday through Cyber Monday shopping period, with customers generating $3.8 billion in attributed sales, marking a 27% increase from the previous year. The company facilitated over 22.7 billion messages during this period, supporting nearly 20,000 customers in achieving their best sales day ever, despite a 10% reduction in discount rates. This suggests that consumer loyalty played a significant role in driving sales. In terms of analyst activity, Truist Securities reiterated a Buy rating with a $45 price target, citing Klaviyo’s growth potential and market expansion strategy. Cantor Fitzgerald also maintained an Overweight rating, with a $40 price target, expressing confidence in the company’s 2026 guidance. Conversely, Stifel adjusted its price target for Klaviyo to $40 from $42, maintaining a Buy rating, following the company’s earnings report that exceeded expectations and included raised guidance. These developments reflect a positive outlook from analysts regarding Klaviyo’s future growth and market position.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
