Klarna (KLAR) Stock Jumps 5% After CEO Purchases $10M of Shares
TLDR
- CEO Sebastian Siemiatkowski purchased 692,506 ordinary shares on August 26 for $9.95M at $14.37 per share
- The stock rose 4.7% in Friday premarket trading following the disclosure
- KLAR has lost around 64% of its value over the past year, with a 52-week low of $12.06
- Deutsche Bank raised its stake by over 4,315% in Q2, adding 143,615 shares
- Analysts hold an average โHoldโ rating with a consensus price target of $30.39
Klarna (KLAR) stock jumped 4.7% in premarket trading on Friday after CEO Sebastian Siemiatkowski disclosed he purchased nearly $10 million worth of company stock.
Siemiatkowski, through an associated entity, bought 692,506 ordinary shares on August 26, 2026, at an average price of $14.37 per share, totalling $9,949,171.94. The purchase was filed with the SEC on Form 4.
After the transaction, the CEO 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 stockโs 52-week range sits between $12.06 and $57.20, and the current price is about 18% above that low.
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