SG Americas Securities LLC Buys 132,286 Shares of Klarna Group plc $KLAR

SG Americas Securities LLC raised its stake in Klarna Group plc (NYSE:KLAR) by 761.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 149,664 shares of the company’s stock after buying an additional 132,286 shares during the quarter. SG Americas Securities LLC’s holdings in Klarna Group were worth $1,959,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. ARK Investment Management LLC purchased a new stake in Klarna Group in the 3rd quarter valued at $16,922,000. HarbourVest Partners LLC purchased a new position in Klarna Group during the 3rd quarter worth $184,105,000. Technology Crossover Management X Ltd. bought a new stake in shares of Klarna Group in the 3rd quarter worth $140,910,000. Sumitomo Mitsui Trust Group Inc. raised its holdings in shares of Klarna Group by 53.5% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 812,743 shares of the company’s stock valued at $23,496,000 after purchasing an additional 283,261 shares during the last quarter. Finally, Coatue Management LLC purchased a new stake in shares of Klarna Group in the third quarter valued at about $12,095,000.

More Klarna Group News

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

• Positive Sentiment: Klarna’s PriceRunner subsidiary won a Swedish antitrust case against Google, with the court awarding about $1.97 billion in damages. That could provide a meaningful, non-dilutive boost to Klarna’s balance sheet if the award holds through appeals. Article Title
• Positive Sentiment: Deutsche Bank raised its price target on Klarna from $18 to $27 and kept a buy rating, signaling improved confidence in the stock’s upside after the court victory. Article Title
• Neutral Sentiment: Analysts and commentary suggest the Google ruling could help Klarna’s long-term funding runway, but the payout is not immediate and may be reduced after legal costs, taxes, and appeals. Article Title
• Neutral Sentiment: A separate market article questioned whether Klarna can hold onto its valuation after a sharp recent drop, highlighting ongoing investor caution around the stock’s post-IPO volatility. Article Title
• Negative Sentiment: Klarna remains unprofitable, and investors are still focused on negative margins and execution risk, which can limit how much the legal win offsets broader concerns about the company’s fundamentals. Article Title

Klarna Group Stock Performance

Shares of NYSE:KLAR opened at $19.72 on Friday. The company’s 50-day moving average is $16.56 and its 200 day moving average is $19.09. The company has a market capitalization of $7.44 billion and a P/E ratio of -37.92. Klarna Group plc has a fifty-two week low of $12.06 and a fifty-two week high of $57.20.

Klarna Group (NYSE:KLAR) last posted its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.12. Klarna Group had a negative net margin of 5.21% and a negative return on equity of 7.62%. The company’s quarterly revenue was up 42.7% on a year-over-year basis. As a group, research analysts predict that Klarna Group plc will post 0.04 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on KLAR. TD Cowen initiated coverage on shares of Klarna Group in a report on Monday, May 11th. They set a “hold” rating and a $16.00 price target on the stock. BMO Capital Markets increased their price objective on shares of Klarna Group from $17.00 to $19.00 and gave the company a “market perform” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company dropped their target price on shares of Klarna Group from $32.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday, May 15th. Citizens Jmp started coverage on Klarna Group in a research note on Tuesday. They issued a “market perform” rating on the stock. Finally, Wall Street Zen raised Klarna Group from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $32.12.

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.