Peregrine Capital Management LLC Lowers Position in Sezzle Inc. $SEZL

Peregrine Capital Management LLC lowered its stake in shares of Sezzle Inc. (NASDAQ:SEZL) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 85,163 shares of the company’s stock after selling 3,696 shares during the quarter. Peregrine Capital Management LLC owned 0.25% of Sezzle worth $5,390,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Accredited Investors Inc. purchased a new position in Sezzle during the fourth quarter worth about $57,955,000. Divisadero Street Capital Management LP lifted its position in shares of Sezzle by 64.7% during the 3rd quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock worth $118,867,000 after buying an additional 587,129 shares in the last quarter. Man Group plc purchased a new position in shares of Sezzle in the 3rd quarter worth approximately $25,005,000. Price T Rowe Associates Inc. MD grew its holdings in shares of Sezzle by 213.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 378,185 shares of the company’s stock valued at $24,004,000 after acquiring an additional 257,659 shares in the last quarter. Finally, State Street Corp grew its holdings in shares of Sezzle by 59.1% in the fourth quarter. State Street Corp now owns 600,656 shares of the company’s stock valued at $38,127,000 after acquiring an additional 223,052 shares in the last quarter. 2.02% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, SVP Justin Krause sold 3,178 shares of the company’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $117.72, for a total value of $374,114.16. Following the transaction, the senior vice president owned 72,457 shares of the company’s stock, valued at approximately $8,529,638.04. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Paradis sold 26,400 shares of the business’s stock in a transaction dated 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 approximately $67,153,063.25. The trade was a 5.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 107,352 shares of company stock valued at $14,369,086. Company insiders own 49.49% of the company’s stock.

Sezzle Stock Performance

Shares of SEZL stock opened at $175.18 on Thursday. The stock has a market capitalization of $5.89 billion, a P/E ratio of 41.61 and a beta of 6.69. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.73. The firm’s 50 day moving average is $118.06 and its 200 day moving average is $85.97. Sezzle Inc. has a 12 month low of $49.50 and a 12 month high of $186.74.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.19. Sezzle had a return on equity of 87.46% and a net margin of 30.83%.The company had revenue of $135.54 million during the quarter, compared to analysts’ expectations of $127.74 million. During the same period in the previous year, the business earned $0.98 earnings per share. The firm’s quarterly revenue was up 29.2% compared to the same quarter last year. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. On average, sell-side analysts anticipate that Sezzle Inc. will post 5.09 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Zacks Research upgraded Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. TD Cowen reiterated a “hold” rating on shares of Sezzle in a research note on Thursday, May 7th. Weiss Ratings raised shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Freedom Capital upgraded shares of Sezzle to a “hold” rating in a research report on Wednesday, June 24th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Sezzle currently has an average rating of “Moderate Buy” and an average target price of $125.00.

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.