Independent Financial Group LLC purchased a new position in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,208 shares of the company’s stock, valued at approximately $203,000.
Several other hedge funds have also recently added to or reduced their stakes in SEZL. Vestcor Inc purchased a new stake in Sezzle during the 3rd quarter valued at about $29,000. Covestor Ltd increased its holdings 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 last quarter. Empowered Funds LLC purchased a new position in Sezzle during the fourth quarter worth approximately $33,000. Strengthening Families & Communities LLC purchased a new position in Sezzle during the fourth quarter worth approximately $49,000. Finally, Sunbelt Securities Inc. acquired a new position in Sezzle during the third quarter worth $52,000. 2.02% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have issued reports on SEZL. 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. Oppenheimer lowered Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. Keefe, Bruyette & Woods reissued a “market perform” rating and set a $190.00 price target (up from $115.00) on shares of Sezzle in a research report on Monday, July 13th. Weiss Ratings raised shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, TD Cowen raised their price objective on shares of Sezzle from $108.00 to $165.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $151.33.
Sezzle Price Performance
NASDAQ:SEZL opened at $156.78 on Tuesday. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $195.71. The stock’s fifty day moving average is $148.27 and its two-hundred day moving average is $99.15. The company has a market capitalization of $5.27 billion, a P/E ratio of 37.24 and a beta of 6.70. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73.
Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.43 earnings per share for the quarter, topping analysts’ consensus estimates of $1.24 by $0.19. The business had revenue of $135.54 million during the quarter, compared to analysts’ expectations of $127.74 million. Sezzle had a return on equity of 87.46% and a net margin of 30.83%.The company’s revenue was up 29.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 EPS. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. Equities analysts expect that Sezzle Inc. will post 5.1 EPS for the current year.
Insider Activity at Sezzle
In other Sezzle news, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction dated Wednesday, July 1st. The shares were 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 owned 259,780 shares of the company’s stock, valued at $46,737,019.80. This trade represents a 2.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lee Dickson Brading sold 10,000 shares of Sezzle stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the sale, the chief financial officer owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This represents a 3.26% 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. Over the last ninety days, insiders sold 124,382 shares of company stock worth $17,416,662. 49.49% of the stock is owned by corporate insiders.
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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