Klarna Group (NYSE:KLAR) CEO Sebastian Siemiatkowski Purchases 692,506 Shares

Klarna Group plc (NYSE:KLAR) CEO Sebastian Siemiatkowski purchased 692,506 shares of the business’s stock in a transaction on Wednesday, August 26th. The shares were purchased at an average price of $14.37 per share, with a total value of $9,951,311.22. Following the acquisition, the chief executive officer directly owned 25,344,322 shares in the company, valued at $364,197,907.14. This represents a 2.81% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Klarna Group Price Performance

Shares of KLAR opened at $14.27 on Friday. The stock has a market capitalization of $5.39 billion and a price-to-earnings ratio of -38.57. Klarna Group plc has a 1 year low of $12.06 and a 1 year high of $57.20. The business’s 50 day simple moving average is $18.43 and its 200-day simple moving average is $16.33.

Klarna Group (NYSE:KLAR) last posted its earnings results on Friday, August 14th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.07. Klarna Group had a negative net margin of 3.54% and a negative return on equity of 5.39%. The firm had revenue of $1.04 billion during the quarter, compared to analyst estimates of $992.56 million. The firm’s revenue for the quarter was up 26.6% on a year-over-year basis. On average, sell-side analysts expect that Klarna Group plc will post -0.01 earnings per share for the current year.

Hedge Funds Weigh In On Klarna Group

A number of hedge funds have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd raised its stake in shares of Klarna Group by 19.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,053 shares of the company’s stock valued at $117,000 after acquiring an additional 665 shares in the last quarter. Global Retirement Partners LLC grew its stake in Klarna Group by 800.0% in the fourth quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock worth $26,000 after purchasing an additional 800 shares in the last quarter. US Bancorp DE purchased a new position in Klarna Group during the 3rd quarter worth $30,000. SBI Securities Co. Ltd. raised its position in Klarna Group by 42.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 2,891 shares of the company’s stock valued at $84,000 after purchasing an additional 856 shares in the last quarter. Finally, CWM LLC raised its position in Klarna Group by 172.9% during the 4th quarter. CWM LLC now owns 1,498 shares of the company’s stock valued at $43,000 after purchasing an additional 949 shares in the last quarter.

Analysts Set New Price Targets

KLAR has been the topic of several recent research reports. TD Cowen decreased their target price on shares of Klarna Group from $19.00 to $18.00 and set a “hold” rating on the stock in a research report on Wednesday, August 19th. Keefe, Bruyette & Woods reduced their price objective on Klarna Group from $26.00 to $21.00 and set an “outperform” rating on the stock in a research note on Friday, August 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a $18.00 price objective (down from $22.00) on shares of Klarna Group in a research note on Wednesday, August 19th. Weiss Ratings restated a “sell (e+)” rating on shares of Klarna Group in a research report on Thursday, August 13th. Finally, Wolfe Research lowered shares of Klarna Group from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Klarna Group currently has an average rating of “Hold” and a consensus price target of $30.39.

Klarna Group News Roundup

Here are the key news stories impacting Klarna Group this week:

• Positive Sentiment: CEO makes substantial insider purchase: Chief Executive Sebastian Siemiatkowski bought 692,506 KLAR shares at an average price of $14.37, investing approximately $9.95 million. The purchase increased his ownership by 2.81% to 25.34 million shares and may support investor confidence by signaling management’s belief that the stock is undervalued. Klarna CEO Sebastian Siemiatkowski Acquires 692,506 Shares for $10 Million
• Positive Sentiment: Affirm earnings lift BNPL peers: Affirm’s stronger-than-expected fourth-quarter results improved sentiment toward the broader BNPL industry. Investors appear to be interpreting the results as evidence of resilient consumer demand and potentially favorable operating trends for Klarna. Klarna stock climbs as Affirm’s Q4 beat lifts buy-now-pay-later peers
• Positive Sentiment: Reduced competitive threat from a reported PayPal deal: The BNPL relief trade broadened after reports that Stripe and Advent International abandoned a potential acquisition of PayPal valued at more than $50 billion. The development may ease concerns about a major fintech combination intensifying competition in payments and BNPL. Buy Now Pay Later Relief Trade Broadens
• Neutral Sentiment: Apple leasing strategy draws attention: Coverage of Apple and Klarna’s new leasing strategy could affect perceptions of Klarna’s partnership and product expansion, but the available report provides insufficient detail to determine the financial impact. Apple and new Klarna leasing strategy
• Negative Sentiment: Wolfe Research downgrades the stock: The firm lowered Klarna to “Peer Perform,” potentially limiting upside expectations and reinforcing caution after the stock’s sharp decline from its 12-month high. Klarna Rating Lowered to Peer Perform
• Negative Sentiment: Investor investigation announced: Pomerantz LLP is investigating potential claims on behalf of Klarna investors. Although no findings or allegations were detailed, the announcement adds legal and reputational uncertainty to KLAR. Pomerantz Investor Alert

About Klarna Group

Klarna Group is a global payments provider specializing in “buy now, pay later” (BNPL) solutions for online and in-store shoppers. The company partners with merchants to offer flexible payment options, including interest-free installments and deferred payments, aiming to enhance conversion rates and customer loyalty. Klarna’s platform integrates risk assessment, fraud prevention, and a one-click checkout experience to streamline transactions for both retailers and consumers.

Through its digital wallet and mobile app, Klarna enables users to manage purchases, track spending and access exclusive shopping offers from partner merchants.