Militia Capital Partners LP acquired a new stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 22,043 shares of the company’s stock, valued at approximately $1,399,000.
Several other institutional investors have also bought and sold shares of SEZL. Accredited Investors Inc. bought a new position in Sezzle during the fourth quarter valued at $57,955,000. Divisadero Street Capital Management LP lifted its holdings in shares of Sezzle by 64.7% in the 3rd quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock worth $118,867,000 after acquiring an additional 587,129 shares during the last quarter. Man Group plc bought a new stake in shares of Sezzle in the 3rd quarter worth about $25,005,000. State Street Corp lifted its holdings in shares of Sezzle by 59.1% in the 4th quarter. State Street Corp now owns 600,656 shares of the company’s stock worth $38,127,000 after acquiring an additional 223,052 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Sezzle by 5,955.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 192,874 shares of the company’s stock worth $15,343,000 after acquiring an additional 189,689 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.
Sezzle Trading Down 1.3%
SEZL stock opened at $144.20 on Wednesday. The company has a market capitalization of $4.85 billion, a PE ratio of 34.25 and a beta of 6.96. Sezzle Inc. has a 12 month low of $49.50 and a 12 month high of $186.74. The firm’s 50-day moving average is $97.69 and its 200 day moving average is $78.44. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.65 and a quick ratio of 3.65.
Wall Street Analyst Weigh In
SEZL has been the subject of several analyst reports. B. Riley Financial restated a “buy” rating and issued a $141.00 target price (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. Needham & Company LLC raised their target price on shares of Sezzle from $94.00 to $122.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Keefe, Bruyette & Woods raised their target price on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, UBS Group set a $76.00 target price on shares of Sezzle in a report on Tuesday, February 17th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Sezzle presently has an average rating of “Moderate Buy” and a consensus target price of $123.00.
Get Our Latest Stock Report on Sezzle
Insider Transactions at Sezzle
In other Sezzle news, SVP Justin Krause sold 11,822 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $106.46, for a total transaction of $1,258,570.12. Following the transaction, the senior vice president owned 67,635 shares of the company’s stock, valued at approximately $7,200,422.10. This trade represents a 14.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Paradis sold 26,400 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $133.47, for a total transaction of $3,523,608.00. Following the transaction, the director directly owned 442,595 shares in the company, valued at $59,073,154.65. This trade represents a 5.63% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 67,032 shares of company stock worth $7,803,495 in the last three months. Insiders own 49.49% of the company’s stock.
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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