Level Four Advisory Services LLC Makes New $511,000 Investment in Sezzle Inc. $SEZL

Level Four Advisory Services LLC purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,849 shares of the company’s stock, valued at approximately $511,000.

A number of other hedge funds and other institutional investors have also modified their holdings of SEZL. Yorktown Management & Research Co Inc acquired a new position in Sezzle during the 2nd quarter valued at about $708,000. Rhumbline Advisers lifted its stake in shares of Sezzle by 649.1% in the 1st quarter. Rhumbline Advisers now owns 19,146 shares of the company’s stock worth $668,000 after acquiring an additional 16,590 shares during the period. Lisanti Capital Growth LLC bought a new position in shares of Sezzle in the second quarter valued at approximately $2,082,000. XTX Topco Ltd acquired a new position in shares of Sezzle during the second quarter valued at approximately $2,786,000. Finally, Goldman Sachs Group Inc. raised its holdings in Sezzle by 1,068.2% during the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock worth $5,913,000 after purchasing an additional 154,978 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SEZL. TD Cowen assumed coverage on Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 price target for the company. B. Riley raised their target price on Sezzle from $101.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Wall Street Zen raised shares of Sezzle from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. Cowen initiated coverage on shares of Sezzle in a research note on Thursday, September 11th. They issued a “hold” rating on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Sezzle in a report on Tuesday, November 25th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $113.00.

Insider Activity at Sezzle

In other Sezzle news, Director Kyle M. Brehm purchased 1,217 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were purchased at an average cost of $57.50 per share, with a total value of $69,977.50. Following the completion of the transaction, the director owned 24,129 shares of the company’s stock, valued at approximately $1,387,417.50. This represents a 5.31% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Karen Hartje sold 5,484 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $85.00, for a total value of $466,140.00. Following the completion of the sale, the chief financial officer directly owned 116,053 shares of the company’s stock, valued at approximately $9,864,505. This represents a 4.51% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 49.49% of the company’s stock.

Sezzle Price Performance

SEZL stock opened at $60.61 on Tuesday. Sezzle Inc. has a one year low of $24.86 and a one year high of $186.74. The firm has a 50-day moving average of $69.34 and a two-hundred day moving average of $103.38. The firm has a market capitalization of $2.07 billion, a PE ratio of 18.76 and a beta of 8.68. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76.

Sezzle (NASDAQ:SEZL) last released its earnings results on Tuesday, November 19th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $40.84 million for the quarter. Sezzle had a net margin of 27.66% and a return on equity of 90.06%. On average, analysts forecast that Sezzle Inc. will post 9.77 earnings per share for the current year.

Sezzle Company Profile

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.