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Klaviyo (NYSE:KVYO), Inc. NASDAQ:KVYO Chief Financial Officer Amanda Whalen sold 15,000 shares of Series A Common Stock on August 15, 2025, at prices ranging from $30.92 to $31.53, according to a Form 4 filing with the Securities and Exchange Commission. The total value of the sale was $469,800. The sale comes as the company maintains a strong balance sheet with a current ratio of 4.95x and more cash than debt, according to InvestingPro data.
On the same day, Whalen also engaged in transactions related to the conversion of Series B Common Stock into Series A Common Stock, involving 29,513 shares. Additionally, 46,829 shares of Series A Common Stock were withheld by the Issuer to cover tax obligations related to the vesting and settlement of restricted stock units, valued at $1,471,835, priced at $31.43. The stock has declined 28.6% over the past six months, though nine analysts have recently revised their earnings expectations upward, as revealed by InvestingPro’s comprehensive analysis, which includes 8 additional key insights about the company’s prospects.
In other recent news, Klaviyo Inc reported strong second-quarter results, with a revenue increase of 32%, surpassing Wall Street’s expectations of 26%. This impressive performance has led the company to raise its fiscal year 2025 growth guidance to 27-28%. Following these results, several analyst firms have adjusted their price targets for Klaviyo. TD Cowen raised its target to $46 while maintaining a Buy rating, citing the company’s robust growth. Piper Sandler increased its target to $55, highlighting Klaviyo’s significant international growth of 42% year-over-year. Benchmark also raised its price target to $46, noting the company’s effective use of infrastructure. Additionally, Summit Partners, a major shareholder, announced plans to sell 6.5 million shares of Klaviyo’s Series A common stock in a public offering, with no proceeds going to Klaviyo. These developments reflect a period of significant activity for Klaviyo, capturing the attention of investors and analysts alike.
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