Independent Financial Group LLC Acquires New Stake in Sezzle Inc. $SEZL

Independent Financial Group LLC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,208 shares of the company’s stock, valued at approximately $203,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vestcor Inc purchased a new stake in Sezzle during the third quarter worth about $29,000. Covestor Ltd lifted its position in shares of Sezzle by 109.4% during the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of Sezzle in the fourth quarter valued at approximately $33,000. Strengthening Families & Communities LLC purchased a new position in shares of Sezzle in the fourth quarter valued at approximately $49,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of Sezzle in the third quarter valued at approximately $52,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SEZL shares. B. Riley Financial reiterated a “buy” rating and set a $141.00 target price (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. TD Cowen upped their price objective on Sezzle from $108.00 to $165.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Freedom Capital upgraded Sezzle to a “hold” rating in a research note on Wednesday, June 24th. Finally, Northland Securities set a $170.00 target price on Sezzle in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Insider Activity

In related news, Director Paul Paradis sold 26,400 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $161.35, for a total value of $4,259,640.00. Following the transaction, the director owned 416,195 shares of the company’s stock, valued at $67,153,063.25. This represents a 5.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 shares were sold at an average price of $179.91, for a total value of $1,246,776.30. Following the completion of the transaction, the chief operating officer directly owned 259,780 shares in the company, valued at $46,737,019.80. This trade 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 a total of 124,382 shares of company stock valued at $17,416,662 over the last quarter. Company insiders own 49.49% of the company’s stock.

Sezzle Stock Up 1.9%

SEZL stock opened at $156.78 on Tuesday. The company’s 50 day moving average price is $148.27 and its 200 day moving average price is $99.15. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.65 and a current ratio of 3.65. Sezzle Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $195.71. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 37.24 and a beta of 6.70.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.19. Sezzle had a net margin of 30.83% and a return on equity of 87.46%. The company had revenue of $135.54 million during the quarter, compared to the consensus estimate of $127.74 million. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The firm’s quarterly revenue was up 29.2% on a year-over-year basis. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. On average, equities research analysts anticipate that Sezzle Inc. will post 5.1 EPS for the current fiscal year.

Sezzle Company 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.