OMERS ADMINISTRATION Corp purchased a new position in Sezzle Inc. (NASDAQ:SEZL – Free Report) during the second quarter, Holdings Channel reports. The firm purchased 25,000 shares of the company’s stock, valued at approximately $4,291,000.
Other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in Sezzle in the 2nd quarter valued at about $436,497,000. Vanguard Group Inc. increased its stake in Sezzle by 16.9% in the fourth quarter. Vanguard Group Inc. now owns 1,188,883 shares of the company’s stock valued at $75,464,000 after acquiring an additional 172,115 shares during the last quarter. Accredited Investors Inc. acquired a new position in Sezzle during the fourth quarter valued at approximately $57,955,000. State Street Corp lifted its stake in Sezzle by 59.1% during the fourth quarter. State Street Corp now owns 600,656 shares of the company’s stock worth $38,127,000 after purchasing an additional 223,052 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in Sezzle by 2.2% during the fourth quarter. Geode Capital Management LLC now owns 489,382 shares of the company’s stock worth $31,068,000 after acquiring an additional 10,625 shares in the last quarter. Institutional investors own 2.02% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have issued reports on the company. Zacks Research raised Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Oppenheimer lowered shares of Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. Needham & Company LLC reiterated a “buy” rating and set a $172.00 target price on shares of Sezzle in a research report on Thursday, August 20th. Freedom Capital upgraded shares of Sezzle to a “hold” rating in a research report on Wednesday, June 24th. Finally, TD Cowen raised shares of Sezzle from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a research note on Monday, August 10th. One equities research 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 company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $146.50.
Insider Activity at Sezzle
In related news, COO Amin Sabzivand sold 6,930 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the transaction, the chief operating officer directly owned 259,780 shares of the company’s stock, valued at approximately $46,737,019.80. This represents a 2.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 stock in a transaction that occurred 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 completion of the transaction, the director owned 416,195 shares in the company, valued at approximately $67,153,063.25. The trade was a 5.96% decrease in their position. 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.
Sezzle Stock Performance
NASDAQ:SEZL opened at $124.08 on Wednesday. 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 Inc. has a twelve month low of $49.50 and a twelve month high of $195.71. The company has a fifty day moving average of $156.38 and a 200-day moving average of $109.30. The firm has a market capitalization of $4.18 billion, a P/E ratio of 26.97 and a beta of 6.76.
Sezzle (NASDAQ:SEZL – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Sezzle had a net margin of 30.35% and a return on equity of 83.48%. The business had revenue of $149.68 million during the quarter, compared to analysts’ expectations of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. As a group, sell-side analysts anticipate that Sezzle Inc. will post 5.24 EPS for the current year.
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.
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