Principal Financial Group Inc. Has $15.66 Million Position in Sezzle Inc. $SEZL

Principal Financial Group Inc. raised its holdings in shares of Sezzle Inc. (NASDAQ:SEZLFree Report) by 41.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 247,407 shares of the company’s stock after purchasing an additional 72,626 shares during the quarter. Principal Financial Group Inc.’s holdings in Sezzle were worth $15,658,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SEZL. Vanguard Group Inc. raised its holdings in Sezzle by 16.9% during the fourth quarter. Vanguard Group Inc. now owns 1,188,883 shares of the company’s stock worth $75,464,000 after buying an additional 172,115 shares during the last quarter. Accredited Investors Inc. acquired a new position in shares of Sezzle during the fourth quarter valued at about $57,955,000. State Street Corp increased its position in shares of 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 acquiring an additional 223,052 shares in the last quarter. Geode Capital Management LLC increased its position in shares of 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. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of Sezzle by 213.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 378,185 shares of the company’s stock worth $24,004,000 after acquiring an additional 257,659 shares during the last quarter. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on SEZL shares. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $190.00 price target (up from $115.00) on shares of Sezzle in a research report on Monday, July 13th. TD Cowen boosted their price objective on Sezzle from $108.00 to $165.00 and gave the stock a “hold” rating in a report on Tuesday, July 7th. Needham & Company LLC reissued a “buy” rating and issued a $166.00 price objective (up from $132.00) on shares of Sezzle in a research note on Thursday, June 18th. Oppenheimer lowered Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. Finally, B. Riley Financial reaffirmed a “buy” rating and set a $141.00 target price (up from $117.00) on shares of Sezzle in a research report on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Sezzle currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Read Our Latest Report on SEZL

Sezzle Stock Performance

Shares of SEZL stock opened at $159.01 on Friday. The firm has a 50-day moving average of $146.07 and a 200-day moving average of $97.95. The company has a market cap of $5.35 billion, a P/E ratio of 37.77 and a beta of 6.70. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.65 and a quick ratio of 3.65. Sezzle Inc. has a one year low of $49.50 and a one year high of $195.71.

Sezzle (NASDAQ:SEZLGet Free Report) last released its quarterly earnings results on Wednesday, May 6th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.19. Sezzle had a net margin of 30.83% and a return on equity of 87.46%. The business had revenue of $135.54 million for the quarter, compared to analysts’ expectations of $127.74 million. During the same period in the previous year, the company earned $0.98 earnings per share. The firm’s revenue for the quarter was up 29.2% compared to the same quarter last year. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. Equities research analysts forecast that Sezzle Inc. will post 5.1 EPS for the current fiscal year.

Insider Activity

In other news, SVP Justin Krause sold 3,178 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $117.72, for a total value of $374,114.16. Following the completion of the transaction, the senior vice president directly owned 72,457 shares of the company’s stock, valued at $8,529,638.04. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lee Dickson Brading sold 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total value of $1,782,300.00. Following the completion of the transaction, the chief financial officer directly owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This represents a 3.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 124,382 shares of company stock worth $17,416,662. Corporate insiders own 49.49% of the company’s stock.

Sezzle Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Sezzle (NASDAQ:SEZL)

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