Klaviyo Inc’s filing revealed that its Chief Legal Officer Edmond Landon unloaded Company’s shares for reported $1.67 million on Jan 07 ’25. In the deal valued at $41.80 per share,40,000 shares were sold. As a result of this transaction, Edmond Landon now holds 298,607 shares worth roughly $11.77 million.
Then, Whalen Amanda sold 15,000 shares, generating $587,763 in total proceeds. Upon selling the shares at $39.18, the Chief Financial Officer now owns 391,820 shares.
Before that, AMANDA WHALEN bought 40,000 shares. Klaviyo Inc shares valued at $1,644,000 were divested by the Officer at a price of $41.10 per share.
Loop Capital reiterated its Klaviyo Inc [KVYO] rating to a Buy in a research note published on December 23, 2024; the price target was $60. A number of analysts have revised their coverage, including Macquarie’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. Stifel began covering KVYO with “Buy” recommendation on October 22, 2024. Wells Fargo started covering the stock on October 16, 2024. It rated KVYO as “an Equal weight”.
Price Performance Review of KVYO
On Friday, Klaviyo Inc [NYSE:KVYO] saw its stock fall -4.11% to $39.41. Over the last five days, the stock has lost -5.36%. Klaviyo Inc shares have fallen nearly -4.44% since the year began. Nevertheless, the stocks have risen 43.41% over the past one year. While a 52-week high of $44.77 was reached on 01/06/25, a 52-week low of $21.26 was recorded on 01/10/25. SMA at 50 days reached $39.11, while 200 days put it at $30.50.
Levels Of Support And Resistance For KVYO Stock
The 24-hour chart illustrates a support level at 38.24, which if violated will result in even more drops to 37.06. On the upside, there is a resistance level at 40.61. A further resistance level may holdings at 41.80. The Relative Strength Index (RSI) on the 14-day chart is 43.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.33%. Stochastics %K at 19.46% indicates the stock is a buying.
How much short interest is there in Klaviyo Inc?
A steep rise in short interest was recorded in Klaviyo Inc stocks on 2024-12-13, dropping by -1.63 million shares to a total of 6.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 7.69 million shares. There was a decline of -26.94%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 30, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $42 price target.
