36,787 Shares in Klarna Group plc $KLAR Bought by Qsemble Capital Management LP

Qsemble Capital Management LP bought a new stake in Klarna Group plc (NYSE:KLAR) during the second quarter, Holdings Channel reports. The firm bought 36,787 shares of the company’s stock, valued at approximately $745,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. US Bancorp DE bought a new stake in Klarna Group during the third quarter valued at about $30,000. Global Retirement Partners LLC increased its stake in shares of 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 during the period. Leonteq Securities AG bought a new position in shares of Klarna Group in the fourth quarter worth about $29,000. CWM LLC lifted its position in shares of Klarna Group by 172.9% during the 4th quarter. CWM LLC now owns 1,498 shares of the company’s stock worth $43,000 after purchasing an additional 949 shares during the last quarter. Finally, TD Waterhouse Canada Inc. boosted its stake in Klarna Group by 44.3% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,659 shares of the company’s stock valued at $48,000 after purchasing an additional 509 shares during the period.

Klarna Group Trading Up 0.7%

Shares of NYSE:KLAR opened at $20.82 on Friday. Klarna Group plc has a 1-year low of $12.06 and a 1-year high of $57.20. The firm has a market capitalization of $7.86 billion and a PE ratio of -40.05. The business’s 50 day moving average is $18.90 and its 200-day moving average is $16.92.

Klarna Group (NYSE:KLAR) last announced its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share (EPS) 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 firm’s quarterly revenue was up 42.7% compared to the same quarter last year. On average, sell-side analysts predict that Klarna Group plc will post 0.05 EPS for the current year.

Analyst Ratings Changes

A number of analysts have issued reports on the company. UBS Group raised their target price on Klarna Group from $20.00 to $23.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Zacks Research lowered Klarna Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Wells Fargo & Company reduced their price objective on Klarna Group from $32.00 to $26.00 and set an “overweight” rating for the company in a research report on Friday, May 15th. Citizens Jmp began coverage on shares of Klarna Group in a research note on Tuesday, June 30th. They issued a “market perform” rating on the stock. Finally, The Goldman Sachs Group boosted their target price on shares of Klarna Group from $21.00 to $25.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.28.

Klarna Group Profile

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.