In a filing, Klaviyo Inc revealed its Chief Legal Officer Edmond Landon unloaded Company’s shares for reported $85612.0 on Apr 05 ’24. In the deal valued at $24.15 per share,3,545 shares were sold. As a result of this transaction, Edmond Landon now holds 167,127 shares worth roughly $3.84 million.
Then, Edmond Landon sold 28,613 shares, generating $713,608 in total proceeds. Upon selling the shares at $24.94, the Chief Legal Officer now owns 170,672 shares.
Before that, Weisman Tony sold 33,333 shares. Klaviyo Inc shares valued at $865,658 were divested by the Director at a price of $25.97 per share. As a result of the transaction, Weisman Tony now holds 0 shares, worth roughly $0.0.
Cantor Fitzgerald initiated its Klaviyo Inc [KVYO] rating to an Overweight in a research note published on April 16, 2024; the price target was $31. A number of analysts have revised their coverage, including Scotiabank’s analysts, who began to cover the stock in early April with a ‘”a Sector perform”‘ rating. KeyBanc Capital Markets began covering KVYO with “Sector weight” recommendation on March 21, 2024. Goldman revised its rating on February 05, 2024. It rated KVYO as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KVYO
On Monday, Klaviyo Inc [NYSE:KVYO] saw its stock jump 1.06% to $22.97. Over the last five days, the stock has lost -2.09%. Klaviyo Inc shares have fallen nearly -17.31% since the year began. A total of 0.51 million shares were traded, compared to the trading of 0.93 million shares in the previous session.
Levels Of Support And Resistance For KVYO Stock
The 24-hour chart illustrates a support level at 22.49, which if violated will result in even more drops to 22.00. On the upside, there is a resistance level at 23.34. A further resistance level may holdings at 23.70. The Relative Strength Index (RSI) on the 14-day chart is 37.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.73%. Stochastics %K at 10.44% indicates the stock is a buying.
The most recent change occurred on December 08, 2023 when Loop Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
