Sezzle Inc. $SEZL Shares Acquired by Navellier & Associates Inc.

Navellier & Associates Inc. lifted its position in Sezzle Inc. (NASDAQ:SEZL) by 24.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 56,046 shares of the company’s stock after purchasing an additional 10,850 shares during the quarter. Navellier & Associates Inc. owned about 0.16% of Sezzle worth $4,457,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. CWM LLC raised its position in Sezzle by 8.1% during the 2nd quarter. CWM LLC now owns 1,070 shares of the company’s stock worth $192,000 after buying an additional 80 shares during the last quarter. Ameritas Investment Partners Inc. raised its holdings in shares of Sezzle by 8.8% during the second quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company’s stock worth $270,000 after purchasing an additional 122 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Sezzle during the second quarter valued at $29,000. Spire Wealth Management purchased a new stake in Sezzle in the second quarter valued at $32,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Sezzle by 8.3% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 2,600 shares of the company’s stock valued at $207,000 after purchasing an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Insider Activity

In related news, Director Kyle M. Brehm bought 1,217 shares of the business’s stock in a transaction dated Wednesday, November 12th. The stock was acquired at an average price of $57.50 per share, with a total value of $69,977.50. Following the completion of the purchase, the director directly owned 24,129 shares of the company’s stock, valued at approximately $1,387,417.50. This trade represents a 5.31% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. 49.49% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SEZL has been the subject of several analyst reports. UBS Group set a $110.00 price objective on Sezzle in a report on Thursday, November 6th. Wall Street Zen lowered Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 29th. Finally, TD Cowen lowered their price target on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a report on Thursday, January 8th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $126.25.

Sezzle Trading Down 0.3%

Shares of SEZL stock opened at $67.51 on Tuesday. Sezzle Inc. has a 1-year low of $24.86 and a 1-year high of $186.74. The company has a market cap of $2.31 billion, a price-to-earnings ratio of 20.89 and a beta of 8.70. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.52 and a quick ratio of 3.52. The stock has a 50 day simple moving average of $69.00 and a 200-day simple moving average of $79.53.

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.