Stock Traders Purchase Large Volume of Klarna Group Call Options (NYSE:KLAR)

Klarna Group plc (NYSE:KLAR) saw unusually large options trading activity on Wednesday. Stock investors bought 24,024 call options on the stock. This is an increase of approximately 183% compared to the average daily volume of 8,480 call options.

Klarna Group Trading Up 1.7%

Shares of KLAR stock opened at $13.61 on Thursday. The firm has a market cap of $9.77 billion and a PE ratio of -17.68. Klarna Group has a 52-week low of $12.50 and a 52-week high of $57.20. The firm has a fifty day simple moving average of $23.35.

Analyst Ratings Changes

A number of research analysts have weighed in on KLAR shares. Keefe, Bruyette & Woods decreased their target price on shares of Klarna Group from $45.00 to $26.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Morgan Stanley dropped their price objective on Klarna Group from $39.00 to $23.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 18th. Bank of America cut their price target on shares of Klarna Group from $51.00 to $46.00 and set a “buy” rating on the stock in a research note on Tuesday, November 18th. Wall Street Zen cut Klarna Group from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Finally, UBS Group decreased their target price on shares of Klarna Group from $46.00 to $20.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Eleven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $40.00.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of KLAR. Compagnie Lombard Odier SCmA increased its position in shares of Klarna Group by 43.5% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 1,650 shares of the company’s stock valued at $48,000 after buying an additional 500 shares in the last quarter. TD Waterhouse Canada Inc. lifted its position in shares of Klarna Group by 44.3% in 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 last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in shares of Klarna Group by 19.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,053 shares of the company’s stock worth $117,000 after acquiring an additional 665 shares during the period. Global Retirement Partners LLC grew 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 valued at $26,000 after acquiring an additional 800 shares in the last quarter. Finally, US Bancorp DE acquired a new stake in Klarna Group during the third quarter worth approximately $30,000.

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.