50,000 Shares in Klarna Group plc $KLAR Acquired by Dnca Finance

Dnca Finance purchased a new position in shares of Klarna Group plc (NYSE:KLAR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 50,000 shares of the company’s stock, valued at approximately $1,832,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Walmart Inc. purchased a new position in Klarna Group in the 3rd quarter valued at about $87,960,000. WCM Investment Management LLC purchased a new stake in shares of Klarna Group during the third quarter worth about $16,040,000. Robeco Institutional Asset Management B.V. acquired a new position in shares of Klarna Group in the third quarter valued at approximately $2,199,000. ARK Investment Management LLC purchased a new position in shares of Klarna Group during the third quarter valued at approximately $16,922,000. Finally, Technology Crossover Management X Ltd. acquired a new stake in Klarna Group during the third quarter worth approximately $140,910,000.

Klarna Group Stock Performance

KLAR stock opened at $15.87 on Friday. The firm’s 50-day moving average price is $21.33. Klarna Group plc has a 12-month low of $12.50 and a 12-month high of $57.20. The stock has a market capitalization of $11.39 billion and a P/E ratio of -20.61.

Analyst Ratings Changes

A number of brokerages have weighed in on KLAR. Keefe, Bruyette & Woods reduced their price target on Klarna Group from $45.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Bank of America assumed coverage on Klarna Group in a research report on Thursday, March 5th. They issued a “buy” rating and a $21.00 price objective for the company. Citigroup dropped their target price on Klarna Group from $58.00 to $45.00 and set a “buy” rating for the company in a research note on Thursday, November 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Klarna Group in a research note on Monday, December 29th. Finally, Wall Street Zen upgraded Klarna Group from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Klarna Group has an average rating of “Moderate Buy” and an average price target of $38.33.

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.