Sanctuary Advisors LLC acquired a new stake in Sezzle Inc. (NASDAQ:SEZL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,688 shares of the company’s stock, valued at approximately $1,834,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in SEZL. Quantbot Technologies LP acquired a new position in shares of Sezzle during the 2nd quarter worth approximately $2,425,000. Ieq Capital LLC bought a new position in Sezzle during the second quarter worth $202,000. Vise Technologies Inc. bought a new position in Sezzle during the second quarter worth $236,000. Madison Asset Management LLC acquired a new position in shares of Sezzle in the second quarter valued at $10,586,000. Finally, Lisanti Capital Growth LLC bought a new position in shares of Sezzle in the second quarter valued at about $2,797,000. 2.02% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of analysts have recently issued reports on SEZL shares. Freedom Capital upgraded shares of Sezzle to a “hold” rating in a research note on Wednesday, June 24th. Wall Street Zen raised shares of Sezzle from a “hold” rating to a “buy” rating in a report on Saturday, August 15th. Needham & Company LLC restated a “buy” rating and set a $172.00 price objective on shares of Sezzle in a research report on Thursday, August 20th. Zacks Research upgraded Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, Keefe, Bruyette & Woods decreased their target price on Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $146.50.
Sezzle Stock Performance
Shares of NASDAQ:SEZL opened at $123.54 on Thursday. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $195.71. The company’s 50 day moving average price is $155.92 and its two-hundred day moving average price is $109.75. The firm has a market cap of $4.16 billion, a PE ratio of 26.86 and a beta of 6.76. The company has a quick ratio of 4.02, a current ratio of 4.02 and a debt-to-equity ratio of 0.52.
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. The company had revenue of $149.68 million during the quarter, compared to the consensus estimate of $135.09 million. Sezzle had a net margin of 30.35% and a return on equity of 83.48%. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. Equities research analysts predict that Sezzle Inc. will post 5.24 earnings per share for the current year.
Insider Buying and Selling at Sezzle
In other news, CFO Lee Dickson Brading sold 10,000 shares of the company’s stock in a transaction on 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 completion of the sale, the chief financial officer directly owned 296,931 shares in the company, valued at approximately $52,922,012.13. This represents a 3.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total value of $1,246,776.30. Following the sale, the chief operating officer directly owned 259,780 shares in the company, valued at approximately $46,737,019.80. This trade represents a 2.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 83,750 shares of company stock valued at $13,136,775 in the last three months. Corporate insiders own 49.49% of the company’s stock.
About Sezzle
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
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
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.
