Sierra Summit Advisors LLC purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 10,681 shares of the company’s stock, valued at approximately $849,000.
Several other large investors have also recently added to or reduced their stakes in SEZL. Ameritas Investment Partners Inc. grew its holdings in shares of Sezzle by 8.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company’s stock worth $270,000 after purchasing an additional 122 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in Sezzle in the second quarter worth $29,000. Spire Wealth Management acquired a new stake in Sezzle during the second quarter worth $32,000. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of Sezzle by 8.3% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 2,600 shares of the company’s stock valued at $207,000 after buying an additional 200 shares in the last quarter. Finally, Nisa Investment Advisors LLC lifted its holdings in shares of Sezzle by 351.5% during the 2nd quarter. Nisa Investment Advisors LLC now owns 298 shares of the company’s stock worth $53,000 after acquiring an additional 232 shares during the period. Institutional investors and hedge funds own 2.02% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on SEZL. Wall Street Zen cut shares of Sezzle from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Needham & Company LLC reissued a “buy” rating and issued a $94.00 target price (up from $85.00) on shares of Sezzle in a report on Thursday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 29th. TD Cowen dropped their price objective on Sezzle from $83.00 to $82.00 and set a “hold” rating for the company in a research note on Thursday, January 8th. Finally, UBS Group set a $76.00 target price on shares of Sezzle in a research note on Tuesday, February 17th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $113.00.
Sezzle Stock Performance
Sezzle stock opened at $72.95 on Monday. The stock has a 50-day simple moving average of $67.95 and a 200 day simple moving average of $73.02. The stock has a market capitalization of $2.49 billion, a price-to-earnings ratio of 19.51 and a beta of 8.55. The company has a quick ratio of 3.92, a current ratio of 3.92 and a debt-to-equity ratio of 0.82. Sezzle Inc. has a 12-month low of $24.86 and a 12-month high of $186.74.
Sezzle (NASDAQ:SEZL – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.25. Sezzle had a net margin of 29.57% and a return on equity of 88.61%. The firm had revenue of $129.87 million during the quarter, compared to analysts’ expectations of $128.29 million. The business’s revenue was up 32.3% compared to the same quarter last year. Sezzle has set its FY 2026 guidance at 4.350-4.700 EPS. On average, research analysts anticipate that Sezzle Inc. will post 9.77 earnings per share for the current fiscal year.
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.
Further Reading
- Five stocks we like better than Sezzle
- Silver Crossed $100: Is the $500 surge next? (Join us March 4)
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- ATCX is Sitting on One of Brazil’s Largest Critical Minerals Portfolios!
- I’m 70 With $1.5M: Would Converting $120K a Year to a Roth Be Smart or a Costly Mistake? (Ask An Advisor)
Want to see what other hedge funds are holding SEZL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sezzle Inc. (NASDAQ:SEZL – Free Report).
Receive News & Ratings for Sezzle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sezzle and related companies with MarketBeat.com's FREE daily email newsletter.
