Sezzle Inc. $SEZL Stock: Knights of Columbus Asset Advisors LLC Grows Position

Knights of Columbus Asset Advisors LLC raised its position in Sezzle Inc. (NASDAQ:SEZL) by 74.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,377 shares of the company’s stock after buying an additional 5,295 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in Sezzle were worth $1,337,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Sezzle during the second quarter worth approximately $436,497,000. Bank of America Corp DE acquired a new position in shares of Sezzle in the 2nd quarter valued at $46,543,000. Dimensional Fund Advisors LP raised its position in Sezzle by 41.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 458,222 shares of the company’s stock valued at $28,996,000 after purchasing an additional 134,714 shares during the last quarter. Jupiter Topco LLC purchased a new stake in Sezzle in the 2nd quarter valued at $19,433,000. Finally, Bank of New York Mellon Corp purchased a new stake in Sezzle in the 2nd quarter valued at $16,909,000. 2.02% of the stock is owned by institutional investors and hedge funds.

Sezzle Trading Up 1.3%

NASDAQ:SEZL opened at $154.67 on Friday. The firm has a market cap of $5.22 billion, a P/E ratio of 29.57 and a beta of 6.59. The company has a current ratio of 4.21, a quick ratio of 4.21 and a debt-to-equity ratio of 0.37. The stock’s 50 day simple moving average is $124.91 and its 200-day simple moving average is $111.89. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $195.71.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, November 4th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.28 by $0.09. Sezzle had a return on equity of 81.99% and a net margin of 31.39%. The business had revenue of $166.50 million during the quarter, compared to analysts’ expectations of $155.01 million. During the same quarter in the prior year, the business earned $0.71 earnings per share. The company’s quarterly revenue was up 42.6% compared to the same quarter last year. Equities analysts anticipate that Sezzle Inc. will post 5.48 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on SEZL shares. TD Cowen increased their price target on shares of Sezzle from $160.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. Keefe, Bruyette & Woods dropped their price objective on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a report on Monday, November 2nd. B. Riley Financial reaffirmed a “buy” rating on shares of Sezzle in a report on Friday, August 7th. Finally, Needham & Company LLC increased their target price on shares of Sezzle from $172.00 to $220.00 and gave the stock a “buy” rating in a research note on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $160.33.

Insider Buying and Selling at Sezzle

In other news, Director Kyle M. Brehm sold 1,000 shares of the firm’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 sale, the director owned 23,853 shares in the company, valued at approximately $3,003,569.76. This trade represents a 4.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Bryan Hunt bought 250 shares of the stock in a transaction dated Friday, September 18th. The stock was purchased at an average cost of $115.86 per share, for a total transaction of $28,965.00. Following the acquisition, the director owned 3,985 shares of the company’s stock, valued at approximately $461,702.10. This represents a 6.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders own 43.90% of the company’s stock.

Sezzle Profile

Sezzle Inc. is a financial technology company that operates a buy now, pay later platform. Its services let shoppers split eligible purchases into installments at checkout, while giving merchants another payment option to offer customers. The company also provides shopping and payment tools through its app, including a virtual card and services designed to help users manage purchases and build credit. Sezzle’s platform primarily serves consumers and merchants in the United States and Canada. Founded in 2016, Sezzle is headquartered in Minneapolis, Minnesota.