Cookson Peirce & Co. Inc. Purchases New Shares in Sezzle Inc. $SEZL

Cookson Peirce & Co. Inc. purchased a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 13,209 shares of the company’s stock, valued at approximately $2,267,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Sezzle during the 2nd quarter valued at $436,497,000. 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 buying an additional 172,115 shares during the last quarter. Accredited Investors Inc. purchased a new position in shares of Sezzle in the 4th quarter worth about $57,955,000. State Street Corp grew its position in Sezzle by 59.1% during the fourth quarter. State Street Corp now owns 600,656 shares of the company’s stock valued at $38,127,000 after buying an additional 223,052 shares during the period. Finally, 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 buying an additional 10,625 shares during the period. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Trading Down 1.3%

Sezzle stock opened at $124.12 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 4.02 and a current ratio of 4.02. Sezzle Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $195.71. The stock has a market cap of $4.18 billion, a P/E ratio of 26.98 and a beta of 6.76. The firm’s fifty day moving average price is $154.38 and its 200-day moving average price is $110.26.

Sezzle (NASDAQ:SEZL) last released 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. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.The firm had revenue of $149.68 million for the quarter, compared to analysts’ expectations of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. Equities research analysts forecast that Sezzle Inc. will post 5.24 earnings per share for the current fiscal year.

Insider Activity at Sezzle

In related news, Director Kyle M. Brehm sold 1,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total value of $125,920.00. Following the completion of the transaction, the director directly owned 23,853 shares in the company, valued at approximately $3,003,569.76. The trade was a 4.02% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $179.91, for a total value 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 approximately $46,737,019.80. This represents a 2.60% 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 quarter, insiders sold 84,750 shares of company stock valued at $13,262,695. 49.49% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Oppenheimer lowered shares of Sezzle from an “outperform” rating to a “market perform” rating in a research note on Monday, June 29th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research note on Tuesday, August 4th. Northland Securities set a $170.00 target price on Sezzle in a research report on Thursday, June 25th. Freedom Capital upgraded Sezzle to a “hold” rating in a research note on Wednesday, June 24th. Finally, Keefe, Bruyette & Woods dropped their price target on Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $146.50.

Sezzle Company 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.