Sanctuary Advisors LLC acquired a new stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) in the 2nd quarter, HoldingsChannel reports. The firm acquired 10,688 shares of the company’s stock, valued at approximately $1,834,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new stake in shares of Sezzle in the 2nd quarter valued at $2,425,000. Ieq Capital LLC acquired a new position in shares of Sezzle during the 2nd quarter worth $202,000. Vise Technologies Inc. acquired a new position in shares of Sezzle during the 2nd quarter worth $236,000. Madison Asset Management LLC bought a new stake in shares of Sezzle during the 2nd quarter worth $10,586,000. Finally, Lisanti Capital Growth LLC acquired a new stake in Sezzle in the second quarter valued at about $2,797,000. 2.02% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on the company. Northland Securities set a $170.00 target price on Sezzle in a research report on Thursday, June 25th. Needham & Company LLC restated a “buy” rating and issued a $172.00 price target on shares of Sezzle in a research note on Thursday, August 20th. Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Keefe, Bruyette & Woods lowered their price objective on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research report on Friday, August 7th. Finally, Freedom Capital raised shares of Sezzle to a “hold” rating in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $146.50.
Insiders Place Their Bets
In other news, CFO Lee Dickson Brading sold 10,000 shares of Sezzle stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the transaction, the chief financial officer owned 296,931 shares in the company, valued at approximately $52,922,012.13. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Amin Sabzivand sold 6,930 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the completion of the sale, 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. Insiders have sold 83,750 shares of company stock valued at $13,136,775 in the last ninety days. 49.49% of the stock is currently owned by insiders.
Sezzle Stock Performance
Shares of SEZL stock opened at $123.54 on Thursday. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 26.86 and a beta of 6.76. The company has a current ratio of 4.02, a quick ratio of 4.02 and a debt-to-equity ratio of 0.52. The business’s 50-day moving average price is $155.92 and its 200-day moving average price is $109.75. Sezzle Inc. has a 12 month low of $49.50 and a 12 month high of $195.71.
Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.10. The company had revenue of $149.68 million during the quarter, compared to the consensus estimate of $135.09 million. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. Equities research analysts forecast that Sezzle Inc. will post 5.24 EPS 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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