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

Qsemble Capital Management LP acquired a new position in shares of Klarna Group plc (NYSE:KLAR) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 36,787 shares of the company’s stock, valued at approximately $745,000.

Other large investors also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. raised its position in Klarna Group by 44.3% during the fourth quarter. TD Waterhouse Canada Inc. now owns 1,659 shares of the company’s stock valued at $48,000 after buying an additional 509 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Klarna Group by 19.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 4,053 shares of the company’s stock worth $117,000 after buying an additional 665 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of Klarna Group by 800.0% during the 4th quarter. Global Retirement Partners LLC now owns 900 shares of the company’s stock valued at $26,000 after buying an additional 800 shares during the period. US Bancorp DE acquired a new stake in shares of Klarna Group during the 3rd quarter valued at $30,000. Finally, SBI Securities Co. Ltd. grew its holdings in shares of 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 acquiring an additional 856 shares in the last quarter.

Klarna Group Price Performance

NYSE KLAR opened at $20.82 on Friday. Klarna Group plc has a fifty-two week low of $12.06 and a fifty-two week high of $57.20. The stock’s 50-day moving average is $18.90 and its two-hundred day moving average is $16.92. The firm has a market cap of $7.86 billion and a P/E ratio of -40.05.

Klarna Group (NYSE:KLAR) last released its quarterly earnings results on Wednesday, May 20th. The company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.13) by $0.12. Klarna Group had a negative return on equity of 7.62% and a negative net margin of 5.21%.The business’s quarterly revenue was up 42.7% on a year-over-year basis. On average, equities analysts expect that Klarna Group plc will post 0.05 EPS for the current year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on KLAR shares. Keefe, Bruyette & Woods increased their price objective on Klarna Group from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, May 15th. TD Cowen boosted their target price on Klarna Group from $17.00 to $19.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. Barclays assumed coverage on Klarna Group in a research report on Wednesday, July 8th. They issued an “equal weight” rating and a $20.00 target price on the stock. Wells Fargo & Company cut their price target on Klarna Group from $32.00 to $26.00 and set an “overweight” rating for the company in a research note on Friday, May 15th. Finally, Bank of America boosted their price target on Klarna Group from $21.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Klarna Group presently has a consensus rating of “Moderate Buy” and an average price target 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.