The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Klaviyo Inc shares valued at $241,814 were sold by Edmond Landon on Mar 03 ’25. At $38.86 per share, Edmond Landon sold 6,222 shares. The insider’s holdings dropped to 286,831 shares worth approximately $10.8 million following the completion of this transaction.
Also, LANDON RAMON EDMOND purchased 6,222 shares, netting a total of over 244,649 in proceeds.
Before that, Galvin Carmel had sold 11,531 shares from its account. In a trade valued at $465,107, the Chief People Officer traded Klaviyo Inc shares for $40.34 each. Upon closing the transaction, the insider’s holdings decreased to 11,531 shares, worth approximately $23.26 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 -5.40%. Over the course of the year, Klaviyo Inc shares have dropped approximately -8.68%. Shares of the company reached a 52-week high of $49.55 on 02/11/25 and a 52-week low of $36.01 on 03/04/25. A 50-day SMA is recorded $43.20, while a 200-day SMA reached $34.16.
Support And Resistance Levels for Klaviyo Inc (KVYO)
According to the 24-hour chart, there is a support level at 36.87, which, if violated, would cause prices to drop to 36.07. In the upper region, resistance lies at 39.06. The next price resistance is at 40.45. RSI (Relative Strength Index) is 33.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.10, which suggests the price will decrease in the coming days. Percent R is at 86.24%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
