OMERS ADMINISTRATION Corp acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 25,000 shares of the company’s stock, valued at approximately $4,291,000. OMERS ADMINISTRATION Corp owned 0.07% of Sezzle as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Sanctuary Advisors LLC bought a new position in Sezzle during the 2nd quarter worth about $1,834,000. Quantbot Technologies LP bought a new position in shares of Sezzle during the second quarter worth about $2,425,000. Ieq Capital LLC acquired a new stake in Sezzle in the 2nd quarter valued at approximately $202,000. Vise Technologies Inc. bought a new stake in Sezzle in the 2nd quarter valued at approximately $236,000. Finally, Madison Asset Management LLC acquired a new position in Sezzle during the 2nd quarter worth approximately $10,586,000. 2.02% of the stock is owned by institutional investors and hedge funds.
Sezzle Price Performance
NASDAQ:SEZL opened at $124.08 on Wednesday. The company has a market cap of $4.18 billion, a P/E ratio of 26.97 and a beta of 6.76. The firm’s fifty day moving average price is $156.38 and its two-hundred day moving average price is $109.30. Sezzle Inc. has a one year low of $49.50 and a one year high of $195.71. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.02 and a quick ratio of 4.02.
Insider Transactions at Sezzle
In related news, CFO Lee Dickson Brading sold 10,000 shares of Sezzle stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the completion of the sale, the chief financial officer directly owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This trade represents a 3.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible 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 company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $133.47, for a total value of $3,523,608.00. Following the completion of the transaction, the director directly owned 442,595 shares in the company, valued at approximately $59,073,154.65. This represents a 5.63% decrease in their ownership of the stock. 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. Over the last quarter, insiders have sold 83,750 shares of company stock worth $13,136,775. Company insiders own 49.49% of the company’s stock.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on SEZL shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a research report on Tuesday, August 4th. Keefe, Bruyette & Woods reduced their price objective on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research note on Friday, August 7th. Wall Street Zen raised Sezzle from a “hold” rating to a “buy” rating in a research report on Saturday, August 15th. Freedom Capital upgraded Sezzle to a “hold” rating in a report on Wednesday, June 24th. Finally, Northland Securities set a $170.00 price target on Sezzle in a research report on Thursday, June 25th. One 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $146.50.
Check Out Our Latest Report on SEZL
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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