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Chief Legal Officer Landon Edmond Sells 28,613 Shares of Klaviyo Inc (KVYO)

Klaviyo Inc (NYSE:KVYO), a company specializing in email marketing for e-commerce businesses, has reported an insider sale according to a recent SEC filing. Chief Legal Officer Landon Edmond sold 28,613 shares of the company on April 2, 2024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this SEC Filing link.Over the past year, the insider has sold a total of 28,613 shares of Klaviyo Inc (NYSE:KVYO) and has not made any purchases of the stock. The recent sale by the insider is part of a trend observed over the last year, where there have been no insider buys but a total of 9 insider sells for the company.

Chief Legal Officer Landon Edmond Sells 28,613 Shares of Klaviyo Inc (KVYO)
Chief Legal Officer Landon Edmond Sells 28,613 Shares of Klaviyo Inc (KVYO)

On the date of the reported sale, shares of Klaviyo Inc (NYSE:KVYO) were trading at $24.94 each, valuing the company at a market cap of $6.342 billion. The sale by the insider contributes to the ongoing assessment of insider transactions, which market participants often monitor for insights into a company's internal perspectives.Klaviyo Inc (NYSE:KVYO) operates in the technology sector, providing a platform that allows e-commerce businesses to personalize and automate their email and SMS marketing communications. The company's services are designed to help online retailers improve customer engagement and increase sales by leveraging data-driven insights.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

This article first appeared on GuruFocus.