Gold rally may be losing steam but no major correction seen: DB
Andrew Bialecki, Chief Executive Officer of Klaviyo, Inc. (NYSE:KVYO), sold a total of 159,508 shares of Series A Common Stock on October 7, 2025, for approximately $4,035,088. The transaction comes as the stock trades near its 52-week low of $23.77, having declined about 37% year-to-date.
The sales were executed in two separate transactions. The first involved 144,890 shares sold at a weighted average price of $25.32, with prices ranging from $25.135 to $26.13. The second transaction saw 14,618 shares sold at a weighted average price of $25.07, with prices ranging from $24.95 to $25.13. Despite recent price weakness, analysts maintain a bullish outlook on Klaviyo , with the next earnings report scheduled for November 5.
On the same day, Bialecki also converted 159,508 shares of Series A Common Stock into Series B Common Stock.
These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 20, 2025. Following the sales, Bialecki directly owns 0 shares of Series A Common Stock. He also indirectly owns 7,517,410 shares of Series B Common Stock through The Andrew P. Bialecki Grantor Retained Annuity Trust I of 2023, 517,006 shares through The Elizabeth L. Bialecki Irrevocable GST Trust of 2023, 517,006 shares through The Andrew P. Bialecki Irrevocable GST Trust of 2023 and 43,218 shares by spouse.
In other recent news, Klaviyo Inc has been the subject of multiple analyst reviews following its first investor day as a public company. Goldman Sachs reaffirmed its Buy rating with a $48.00 price target, highlighting the company’s commitment to accelerating product innovation in the evolving landscape of artificial intelligence in marketing. Similarly, Truist Securities maintained its Buy rating and set a $45.00 price target, expressing confidence in Klaviyo’s ability to sustain over 20% growth while expanding margins and free cash flow. TD Cowen also reiterated its Buy rating with a $46.00 price target, emphasizing Klaviyo’s strategic entry into customer service and the launch of a new AI-driven monetization tool.
Piper Sandler adjusted its price target to $50.00 from $55.00, maintaining an Overweight rating while noting Klaviyo’s ambitious transformation into an AI-assisted platform for retail brands. Benchmark echoed positive sentiment by reiterating a Buy rating and a $46.00 price target, citing the potential of Klaviyo’s AI capabilities to modernize enterprise CRM and marketing tech stacks. These developments reflect a consistent analyst outlook, underscoring the company’s growth prospects and strategic initiatives in the AI domain.
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