This SaaS Stock Raised Its 2026 Outlook. A Fund Just Exited a $39 Million Stake
According to a May 15, 2026 SEC filing, 12 West Capital Management exited its entire Klaviyo (KVYO) position, selling 1,838,000 shares in an estimated $39.42 million transaction. The fund reported zero shares as of March 31, 2026. Klaviyo shares were $14.87, down about 55% over the past year.
MAR 6·Finviz - Stock Screener▲
Klaviyo (KVYO) Climbs 8.45% as Firm Launches $500-Million Buyback
Klaviyo (KVYO) rose 8.45% after announcing a $500 million share repurchase program, including a $100 million accelerated share repurchase. The company's co-CEO stated that the buyback reflects confidence in its strategy and financial strength. This follows a strong Q4 2025 earnings report, where net income significantly improved and revenues increased by 30%.
NOV 12·Zacks Commentary▲
Earnings Estimates Rising for Klaviyo, Inc. ( KVYO ) : Will It Gain?
Klaviyo, Inc. (KVYO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.