Royal Bank of Canada lifted its stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) by 10.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 112,957 shares of the company’s stock after buying an additional 10,486 shares during the quarter. Royal Bank of Canada owned 0.34% of Sezzle worth $7,148,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vestcor Inc purchased a new stake in shares of Sezzle during the third quarter valued at approximately $29,000. Covestor Ltd boosted its stake in shares of Sezzle by 109.4% in the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the period. Empowered Funds LLC purchased a new position in shares of Sezzle in the fourth quarter valued at $33,000. Strengthening Families & Communities LLC acquired a new stake in Sezzle during the 4th quarter valued at $49,000. Finally, Sunbelt Securities Inc. purchased a new stake in Sezzle during the 3rd quarter worth $52,000. 2.02% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on SEZL shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a report on Tuesday, August 4th. Oppenheimer lowered Sezzle from an “outperform” rating to a “market perform” rating in a research report on Monday, June 29th. Needham & Company LLC boosted their price target on Sezzle from $166.00 to $172.00 and gave the stock a “buy” rating in a research note on Friday. TD Cowen raised Sezzle from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a report on Monday. Finally, Keefe, Bruyette & Woods lowered their price objective on Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Sezzle presently has a consensus rating of “Moderate Buy” and a consensus price target of $146.50.
Insider Buying and Selling
In related news, COO Amin Sabzivand sold 6,930 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the completion of the transaction, the chief operating officer directly owned 259,780 shares in the company, valued at $46,737,019.80. This represents a 2.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Justin Krause sold 3,178 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $117.72, for a total value of $374,114.16. Following the completion of the sale, the senior vice president directly owned 72,457 shares in the company, valued at $8,529,638.04. This represents a 4.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 86,928 shares of company stock valued at $13,510,889 over the last three months. 49.49% of the stock is owned by company insiders.
Sezzle Trading Down 0.0%
NASDAQ SEZL opened at $118.00 on Tuesday. Sezzle Inc. has a one year low of $49.50 and a one year high of $195.71. The company has a 50-day simple moving average of $157.07 and a 200-day simple moving average of $104.93. The company has a debt-to-equity ratio of 0.52, a quick ratio of 3.65 and a current ratio of 4.02. The firm has a market capitalization of $3.97 billion, a PE ratio of 25.65 and a beta of 6.76.
Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.10. Sezzle had a net margin of 30.35% and a return on equity of 83.48%. The firm had revenue of $149.68 million for the quarter, compared to analyst estimates of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. On average, equities analysts forecast that Sezzle Inc. will post 5.22 earnings per share for the current year.
About Sezzle
Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.
Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.
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