Timothy G. Youngquist 2020 Irrevocable Trust acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 6,085 shares of the company’s stock, valued at approximately $1,044,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Sezzle during the 2nd quarter worth $436,497,000. Deutsche Bank AG purchased a new position in Sezzle in the 2nd quarter valued at approximately $3,134,000. Perigon Wealth Management LLC bought a new position in shares of Sezzle in the second quarter worth $233,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter worth $16,909,000. Finally, State of Wyoming purchased a new position in shares of Sezzle in the second quarter valued at $230,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently issued reports on SEZL shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research note on Tuesday, August 4th. Zacks Research raised Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. B. Riley Financial reiterated a “buy” rating on shares of Sezzle in a research report on Friday, August 7th. Needham & Company LLC upped their price target on Sezzle from $166.00 to $172.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Northland Securities set a $170.00 price objective on shares of Sezzle in a research note on Thursday, June 25th. One 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 MarketBeat, Sezzle presently has a consensus rating of “Moderate Buy” and a consensus target price of $146.50.
Insider Transactions at Sezzle
In related news, CFO Lee Dickson Brading sold 10,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the transaction, the chief financial officer directly 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 sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Justin Krause sold 3,178 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $117.72, for a total value of $374,114.16. Following the completion of the sale, the senior vice president owned 72,457 shares of the company’s stock, valued at $8,529,638.04. The trade was a 4.20% 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. Insiders have sold a total of 86,928 shares of company stock valued at $13,510,889 over the last 90 days. Company insiders own 49.49% of the company’s stock.
Sezzle Stock Down 4.1%
Shares of NASDAQ:SEZL opened at $117.18 on Wednesday. The firm has a market capitalization of $3.95 billion, a PE ratio of 25.47 and a beta of 6.76. 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 52-week low of $49.50 and a 52-week high of $195.71. The firm has a fifty day moving average of $157.89 and a 200 day moving average of $107.36.
Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.The business had revenue of $149.68 million for the quarter, compared to the consensus estimate of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. As a group, research analysts anticipate that Sezzle Inc. will post 5.24 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than Sezzle
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
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.
