Sezzle (NASDAQ:SEZL) Cut to Hold at Wall Street Zen

Wall Street Zen downgraded shares of Sezzle (NASDAQ:SEZL) from a buy rating to a hold rating in a research report sent to investors on Sunday morning,Wall Street Zen reports.

SEZL has been the topic of a number of other research reports. B. Riley Financial reaffirmed a “buy” rating on shares of Sezzle in a research note on Friday, August 7th. TD Cowen reduced their price target on shares of Sezzle from $165.00 to $160.00 and set a “buy” rating for the company in a report on Tuesday, October 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a research report on Tuesday, August 4th. Needham & Company LLC restated a “buy” rating and set a $172.00 price objective on shares of Sezzle in a report on Thursday, August 20th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a report on Friday, August 7th. One 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Sezzle Trading Down 4.6%

NASDAQ SEZL opened at $122.43 on Friday. The firm has a market cap of $4.14 billion, a P/E ratio of 28.64 and a beta of 6.59. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.02 and a quick ratio of 4.02. The stock’s 50-day moving average is $121.03 and its 200-day moving average is $109.02. Sezzle has a one year low of $49.50 and a one year high of $195.71.

Sezzle (NASDAQ:SEZL) last issued 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. Sezzle had a return on equity of 83.48% and a net margin of 30.35%. The business had revenue of $149.68 million during the quarter, compared to analyst estimates of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. Sell-side analysts anticipate that Sezzle will post 5.24 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Bryan Hunt bought 250 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The shares were acquired at an average price of $115.86 per share, with a total value of $28,965.00. Following the transaction, the director owned 3,985 shares in the company, valued at $461,702.10. This represents a 6.69% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kyle Brehm sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total value of $125,920.00. Following the completion of the sale, the director owned 23,853 shares in the company, valued at $3,003,569.76. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. 43.90% of the stock is currently owned by company insiders.

Institutional Trading of Sezzle

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Kestra Advisory Services LLC increased its position in shares of Sezzle by 56.8% in the third quarter. Kestra Advisory Services LLC now owns 3,780 shares of the company’s stock valued at $408,000 after acquiring an additional 1,369 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Sezzle by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 18,318 shares of the company’s stock worth $1,979,000 after acquiring an additional 229 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in Sezzle by 44.7% during the third quarter. Kestra Private Wealth Services LLC now owns 11,860 shares of the company’s stock valued at $1,281,000 after purchasing an additional 3,664 shares during the last quarter. Vise Technologies Inc. raised its stake in shares of Sezzle by 53.5% during the 3rd quarter. Vise Technologies Inc. now owns 2,110 shares of the company’s stock worth $228,000 after purchasing an additional 735 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of Sezzle by 19.5% during the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,200 shares of the company’s stock worth $994,000 after purchasing an additional 1,500 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

About Sezzle

Sezzle Inc (NASDAQ: SEZL) is a financial technology company that provides buy now, pay later solutions. Its platform enables consumers to split eligible purchases into installments, generally at the time of checkout, while giving merchants payment and customer-engagement tools designed to support e-commerce sales.

The company offers installment payment services through its consumer app and merchant integrations, as well as products such as Sezzle Virtual Card and Sezzle Up. Sezzle Up is designed to provide eligible users with credit-building opportunities, while the company’s merchant platform supports checkout integration, transaction management and consumer financing.

Sezzle was founded in 2016 and is headquartered in Minneapolis, Minnesota.