Madison Asset Management LLC Takes Position in Sezzle Inc. $SEZL

Madison Asset Management LLC acquired a new position in Sezzle Inc. (NASDAQ:SEZL) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 31,534 shares of the company’s stock, valued at approximately $2,508,000. Madison Asset Management LLC owned approximately 0.09% of Sezzle at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Yorktown Management & Research Co Inc purchased a new position in Sezzle during the second quarter valued at approximately $708,000. Hussman Strategic Advisors Inc. acquired a new stake in shares of Sezzle during the 3rd quarter valued at $3,006,000. XTX Topco Ltd acquired a new stake in shares of Sezzle during the 2nd quarter valued at $2,786,000. IMC Chicago LLC purchased a new position in shares of Sezzle during the 3rd quarter valued at $1,575,000. Finally, Lisanti Capital Growth LLC acquired a new position in shares of Sezzle in the second quarter worth $2,082,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Sezzle Stock Performance

NASDAQ:SEZL opened at $62.86 on Thursday. 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 1 year low of $24.86 and a 1 year high of $186.74. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76. The firm’s fifty day simple moving average is $69.14 and its 200 day simple moving average is $78.85.

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.