Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Klarna Group plc (NYSE:KLAR – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 529,482 shares of the company’s stock, valued at approximately $19,406,000.
A number of other hedge funds also recently bought and sold shares of the business. Walmart Inc. purchased a new stake in Klarna Group in the 3rd quarter worth approximately $87,960,000. Robeco Institutional Asset Management B.V. bought a new position in shares of Klarna Group during the third quarter valued at approximately $2,199,000. Finally, SG Americas Securities LLC purchased a new stake in Klarna Group in the third quarter worth $868,000.
Klarna Group Trading Up 1.2%
Shares of KLAR opened at $29.04 on Friday. Klarna Group plc has a fifty-two week low of $27.90 and a fifty-two week high of $57.20. The business has a 50-day simple moving average of $30.97. The stock has a market capitalization of $20.85 billion and a PE ratio of -44.68.
Klarna Group News Summary
- Positive Sentiment: Cathie Wood’s ARK/affiliated funds reportedly added to Klarna, which can boost buy‑side demand and helped support the stock today. Cathie Wood Goes Bargain Hunting
- Neutral Sentiment: A head‑to‑head rivals analysis discusses Klarna’s competitive position versus peers — useful context for longer‑term investors but unlikely to drive intraday moves. Klarna Group & Its Rivals Head to Head Analysis
- Negative Sentiment: Johnson Fistel launched an investigation into Klarna’s post‑earnings disclosures after the company reported a bigger provision for credit losses — allegations focus on whether management misled investors about credit risk. This type of probe increases litigation risk and regulatory scrutiny. Johnson Fistel Investigation
- Negative Sentiment: Hagens Berman highlights a reported ~102% spike in Klarna’s credit‑loss provision and is pursuing a securities class action alleging misleading IPO disclosures — the provision spike is the financial trigger behind most of the suits. Hagens Berman Class Action Alert
- Negative Sentiment: Multiple plaintiff law firms (Bronstein, Faruqi & Faruqi, Rosen, Levi & Korsinsky, Bragar Eagel & Squire, Glancy, Berger Montague, Pomerantz, Gross, DJS, Schall, etc.) have filed or notified investors about class actions tied to Klarna’s September 2025 IPO and related disclosures; firms remind investors of a Feb. 20, 2026 lead‑plaintiff deadline — the flood of filings intensifies legal costs and reputation risk. Representative notice: Bronstein. Bronstein Class Action Notice
Wall Street Analyst Weigh In
Several research analysts have commented on KLAR shares. UBS Group decreased their price objective on shares of Klarna Group from $48.00 to $46.00 and set a “buy” rating for the company in a report on Thursday, November 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Klarna Group in a research note on Monday, December 29th. BNP Paribas raised Klarna Group to a “hold” rating in a research report on Monday, October 6th. Sanford C. Bernstein began coverage on Klarna Group in a report on Monday, October 6th. They set a “market perform” rating and a $45.00 target price on the stock. Finally, Wall Street Zen upgraded Klarna Group from a “sell” rating to a “hold” rating in a research note on Sunday, October 26th. Eleven equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.60.
View Our Latest Research Report on Klarna Group
Klarna Group Company 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.
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