Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Klaviyo Inc shares valued at $687,818 were sold by Whalen Amanda on Feb 03 ’25. At $45.85 per share, Whalen Amanda sold 15,000 shares. The insider’s holdings dropped to 376,820 shares worth approximately $16.68 million following the completion of this transaction.
Also, Rowland Stephen Eric sold 4,536 shares, netting a total of over 181,621 in proceeds. Following the sale of shares at $40.04 each, the insider now holds 260,403 shares.
Before that, Edmond Landon had sold 40,000 shares from its account. In a trade valued at $1,671,901, the Chief Legal Officer traded Klaviyo Inc shares for $41.80 each. Upon closing the transaction, the insider’s holdings decreased to 40,000 shares, worth approximately $13.22 million.
As published in a research note from Loop Capital on December 23, 2024, Klaviyo Inc [KVYO] has been retained to a Buy and the price target has been revised to $60. Analysts at Macquarie started covering the stock with ‘”a Neutral”‘ outlook in a report released in late October. As of October 22, 2024, Stifel has initiated its “Buy” rating for KVYO. Earlier on October 16, 2024, Wells Fargo initiated its rating. Their recommendation was “an Equal weight” for KVYO stock.
Analyzing KVYO Stock Performance
During the last five days, there has been a drop of approximately -6.72%. Over the course of the year, Klaviyo Inc shares have jumped approximately 7.32%. Shares of the company reached a 52-week high of $49.55 on 02/11/25 and a 52-week low of $38.15 on 01/13/25. A 50-day SMA is recorded $43.37, while a 200-day SMA reached $33.35. Nevertheless, trading volume fell to 5.38 million shares from 2.28 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 40.87, which, if violated, would cause prices to drop to 37.49. In the upper region, resistance lies at 46.17. The next price resistance is at 48.08. RSI (Relative Strength Index) is 45.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.09, which suggests the price will decrease in the coming days. Percent R is at 52.09%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
