Klarna (KLAR) stock rose 4.7% in premarket trading on Friday after Chief Executive Officer Sebastian Siemiatkowski disclosed that he had purchased nearly $10 million worth of the company's shares, a move that followed a steep decline in the stock over the past year.

According to a filing with the U.S. Securities and Exchange Commission (SEC), Siemiatkowski acquired 692,506 ordinary shares of Klarna Group plc on August 26, 2026 through an associated entity. The shares were bought at an average price of $14.37 per share, bringing the total value of the transaction to $9,949,171.94. The purchase was reported to regulators on Form 4.

Following the transaction, Siemiatkowski holds 25.3 million KLAR shares. The stock closed at $14.21 on August 26, the same day the purchase was made.

The buy comes after KLAR lost roughly 64% of its value over the past year. The stock's 52-week range sits between $12.06 and $57.20, and its current price stands about 18% above that low, meaning the CEO's purchase was made while the shares traded near their lowest level of the past year. For investors tracking the name, that puts fresh attention on whether recent operating results and ownership changes can help steady sentiment after a volatile stretch.

Deutsche Bank Also Adding to Its Position

Klarna is not only drawing insider attention. Deutsche Bank raised its holdings in KLAR by 4,315% during the second quarter of 2026, picking up an additional 143,615 shares. The bank now holds 146,943 shares, which were valued at approximately $2.97 million at the end of the reporting period.

Other institutional investors have also been adding smaller positions in the stock. Global Retirement Partners increased its stake by 800% in the fourth quarter, while Leonteq Securities, US Bancorp DE, CWM LLC, and Farther Finance Advisors each initiated or expanded positions during recent quarters.

Klarna has a market capitalization of $5.38 billion. The stock's 50-day moving average stands at $18.61, and its 200-day moving average at $16.39.

Analyst Ratings and Recent Earnings

Analyst sentiment on KLAR is mixed. The stock carries a consensus “Hold” rating with an average price target of $30.39, which sits well above the current share price. Of the analysts covering the stock, one has a Strong Buy rating, eight have Buy ratings, thirteen have Hold ratings, and one has a Sell rating.

Among individual firms, Deutsche Bank maintains a “Buy” rating with a price target of $27.00, which was raised from $18.00 in July. Bank of America also rates the stock “Buy,” with a price target of $23.00. BMO Capital Markets lowered its target from $19.00 to $15.00 in August while keeping its “Market Perform” rating; that reduction was announced on August 19, one day after Klarna's second-quarter earnings report.

Klarna posted its Q2 results on August 18, reporting earnings per share of $0.01 against a consensus estimate of a $0.06 loss, a beat of $0.07. Revenue for the quarter came in at $1.04 billion, up 26.6% year over year and ahead of the analyst estimate of $992.56 million. With the latest earnings release still fresh in the market, the next focal point is whether subsequent filings, analyst updates, or additional insider activity reinforce the recent trading move.

The company's return on equity currently stands at -5.39%, with a net margin of -3.54%. Analysts expect Klarna to post -$0.01 in earnings per share for the full fiscal year.

Source: CoinCentral