Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Klaviyo Inc shares valued at $353,600 were sold by Whalen Amanda on Oct 04 ’24. At $35.36 per share, Whalen Amanda sold 10,000 shares. The insider’s holdings dropped to 422,813 shares worth approximately $15.43 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Chaves Allen sold 130,000 shares, netting a total of over 4,140,174 in proceeds. Following the sale of shares at $31.85 each, the insider now holds 0 shares.
Before that, Rowland Stephen Eric had sold 18,114 shares from its account. In a trade valued at $565,881, the President traded Klaviyo Inc shares for $31.24 each. Upon closing the transaction, the insider’s holdings decreased to 18,114 shares, worth approximately $7.03 million.
As published in their initiating research note from The Benchmark Company on September 30, 2024, Klaviyo Inc [KVYO] has been a Buy and the price target has been revised to $42. Analysts at KeyBanc Capital Markets upgraded the stock from ‘”a Sector weight”‘ to ‘”an Overweight”‘ outlook in a report released in early August. As of June 12, 2024, Barclays has increased its “an Equal weight” rating to a “an Overweight” for KVYO. Earlier on April 16, 2024, Cantor Fitzgerald initiated its rating. Their recommendation was “an Overweight” for KVYO stock.
Analyzing KVYO Stock Performance
During the last five days, there has been a surge of approximately 4.79%. Over the course of the year, Klaviyo Inc shares have jumped approximately 31.39%. Shares of the company reached a 52-week high of $36.78 on 10/10/24 and a 52-week low of $21.26 on 06/21/24. A 50-day SMA is recorded $31.77, while a 200-day SMA reached $26.77. Nevertheless, trading volume fell to 0.67 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Klaviyo Inc (KVYO)
According to the 24-hour chart, there is a support level at 35.75, which, if violated, would cause prices to drop to 34.99. In the upper region, resistance lies at 37.02. The next price resistance is at 37.53. RSI (Relative Strength Index) is 73.87 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 10.22%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
