Sezzle Inc. $SEZL Shares Purchased by Navellier & Associates Inc.

Navellier & Associates Inc. increased its position in shares of Sezzle Inc. (NASDAQ:SEZL) by 24.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 56,046 shares of the company’s stock after purchasing an additional 10,850 shares during the quarter. Navellier & Associates Inc.’s holdings in Sezzle were worth $4,457,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in shares of Sezzle by 1.6% during the second quarter. Geode Capital Management LLC now owns 439,799 shares of the company’s stock worth $78,842,000 after buying an additional 7,067 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new position in Sezzle in the 2nd quarter worth approximately $71,770,000. State Street Corp boosted its holdings in shares of Sezzle by 5.9% during the 2nd quarter. State Street Corp now owns 355,242 shares of the company’s stock worth $63,677,000 after purchasing an additional 19,706 shares during the last quarter. First Trust Advisors LP grew its position in shares of Sezzle by 300.6% in the second quarter. First Trust Advisors LP now owns 188,189 shares of the company’s stock valued at $33,733,000 after purchasing an additional 141,209 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Sezzle by 1,068.2% in the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock valued at $5,913,000 after purchasing an additional 154,978 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Insider Buying and Selling at Sezzle

In other news, Director Kyle M. Brehm bought 1,217 shares of the company’s stock in a transaction on Wednesday, November 12th. The stock was bought at an average cost of $57.50 per share, with a total value of $69,977.50. Following the transaction, the director directly owned 24,129 shares in the company, valued at $1,387,417.50. The trade was a 5.31% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 49.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SEZL shares. Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 29th. UBS Group set a $110.00 price objective on shares of Sezzle in a research report on Thursday, November 6th. TD Cowen dropped their price target 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. 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 analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Sezzle currently has a consensus rating of “Moderate Buy” and an average price target of $126.25.

Sezzle Stock Performance

NASDAQ:SEZL opened at $67.51 on Tuesday. Sezzle Inc. has a fifty-two week low of $24.86 and a fifty-two week high of $186.74. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.52 and a current ratio of 3.52. The company has a 50 day moving average price of $69.00 and a 200 day moving average price of $79.53. The stock has a market capitalization of $2.31 billion, a P/E ratio of 20.89 and a beta of 8.70.

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.