Deutsche Bank AG purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) during the second quarter, Holdings Channel reports. The firm purchased 18,262 shares of the company’s stock, valued at approximately $3,134,000.
Several other hedge funds have also recently added to or reduced their stakes in SEZL. Vanguard Group Inc. boosted its holdings in shares of Sezzle by 16.9% in the 4th quarter. Vanguard Group Inc. now owns 1,188,883 shares of the company’s stock worth $75,464,000 after purchasing an additional 172,115 shares in the last quarter. Accredited Investors Inc. bought a new stake in Sezzle in the 4th quarter worth approximately $57,955,000. State Street Corp boosted its stake in Sezzle by 59.1% in the fourth quarter. State Street Corp now owns 600,656 shares of the company’s stock worth $38,127,000 after buying an additional 223,052 shares in the last quarter. Geode Capital Management LLC grew its position in Sezzle by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 489,382 shares of the company’s stock valued at $31,068,000 after acquiring an additional 10,625 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sezzle by 41.6% during the first quarter. Dimensional Fund Advisors LP now owns 458,222 shares of the company’s stock valued at $28,996,000 after acquiring an additional 134,714 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.
Insider Transactions at Sezzle
In other Sezzle news, Director Paul Paradis sold 26,400 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $161.35, for a total transaction of $4,259,640.00. Following the completion of the transaction, the director owned 416,195 shares of the company’s stock, valued at $67,153,063.25. This represents a 5.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total value of $1,782,300.00. Following the completion of the sale, the chief financial officer owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This trade represents a 3.26% 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. Over the last ninety days, insiders sold 83,750 shares of company stock worth $13,136,775. Company insiders own 49.49% of the company’s stock.
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on SEZL
Sezzle Stock Down 0.4%
Shares of NASDAQ SEZL opened at $123.54 on Thursday. The firm’s fifty day moving average is $155.92 and its 200 day moving average is $109.75. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $195.71. The company has a quick ratio of 4.02, a current ratio of 4.02 and a debt-to-equity ratio of 0.52. The company has a market cap of $4.16 billion, a price-to-earnings ratio of 26.86 and a beta of 6.76.
Sezzle (NASDAQ:SEZL – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.10. The business had revenue of $149.68 million during the quarter, compared to analysts’ expectations of $135.09 million. Sezzle had a net margin of 30.35% and a return on equity of 83.48%. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. On average, equities research analysts expect that Sezzle Inc. will post 5.24 earnings per share for the current year.
Sezzle Profile
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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