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Amanda Whalen, the Chief Financial Officer of Klaviyo , Inc. (NYSE:KVYO), recently executed a series of stock transactions involving the company’s Series A Common Stock, according to a filing with the Securities and Exchange Commission. On April 11, 2025, Whalen sold a total of 15,000 shares, generating proceeds of approximately $400,540. The sales were conducted at prices ranging from $26.20 to $26.85 per share. The transactions occurred as the stock trades near $27.10, down significantly from its 52-week high of $49.55, though InvestingPro analysis suggests the stock is currently fairly valued.
These transactions were part of a pre-established Rule 10b5-1 trading plan adopted by Whalen in August 2024. Following these sales, Whalen holds 553,943 shares of Series A Common Stock directly.
In addition to the sales, Whalen converted 11,204 shares of Series B Common Stock into Series A Common Stock. This conversion did not involve any monetary exchange.
Klaviyo, Inc., based in Boston, Massachusetts, specializes in prepackaged software services.
In other recent news, Klaviyo Inc has been the subject of multiple analyst updates following its strong fourth-quarter performance. Benchmark analysts raised their price target for Klaviyo to $54, citing a 46% year-over-year growth in Annual Recurring Revenue from high-value customers. Stifel analysts also increased their price target to $54, highlighting Klaviyo’s largest revenue beat of the year and strong customer additions. Cantor Fitzgerald adjusted its price target to $54, noting the company’s ability to meet market expectations and its favorable risk/reward balance. TD Cowen analysts raised their target to $55, reflecting Klaviyo’s 34% growth in the fourth quarter, which exceeded projections.
Needham maintained a Buy rating with a $56 target, underscoring Klaviyo’s strategic focus on B2C CRM developments. The company’s revenue guidance for FY25 has surpassed expectations, with potential benefits from new pricing strategies. Analysts have noted Klaviyo’s ongoing success in SMS marketing and international expansion as key growth drivers. Klaviyo’s management plans to provide further insights into its future strategies during an upcoming event. These developments indicate continued confidence in Klaviyo’s growth trajectory and strategic initiatives.
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