31,534 Shares in Sezzle Inc. $SEZL Purchased by Madison Asset Management LLC

Madison Asset Management LLC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 31,534 shares of the company’s stock, valued at approximately $2,508,000.

Other large investors have also recently bought and sold shares of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of Sezzle during the second quarter valued at $29,000. Spire Wealth Management acquired a new stake in shares of Sezzle during the 2nd quarter worth about $32,000. Avion Wealth bought a new position in Sezzle during the 3rd quarter valued at about $47,000. Nisa Investment Advisors LLC boosted its position in Sezzle by 351.5% in the second quarter. Nisa Investment Advisors LLC now owns 298 shares of the company’s stock valued at $53,000 after buying an additional 232 shares in the last quarter. Finally, Blue Trust Inc. boosted its position in Sezzle by 796.9% in the third quarter. Blue Trust Inc. now owns 861 shares of the company’s stock valued at $68,000 after buying an additional 765 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors.

Sezzle Trading Down 8.4%

Shares of SEZL opened at $62.86 on Thursday. The stock’s fifty day simple moving average is $69.14 and its 200-day simple moving average is $78.85. The firm has a market capitalization of $2.15 billion, a PE ratio of 19.45 and a beta of 8.70. Sezzle Inc. has a 12-month low of $24.86 and a 12-month high of $186.74. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.76.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on SEZL. TD Cowen cut their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating for the company in a research note on Thursday, January 8th. UBS Group set a $110.00 price objective on Sezzle in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 29th. Finally, Wall Street Zen cut Sezzle from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Sezzle presently has a consensus rating of “Moderate Buy” and an average price target of $126.25.

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.