Private Client Services LLC reduced its holdings in Sezzle Inc. (NASDAQ:SEZL – Free Report) by 64.5% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,638 shares of the company’s stock after selling 6,609 shares during the quarter. Private Client Services LLC’s holdings in Sezzle were worth $624,000 at the end of the most recent quarter.
Several other hedge funds have also recently added to or reduced their stakes in the business. Vestcor Inc bought a new position in shares of Sezzle in the third quarter worth $29,000. Covestor Ltd increased its holdings in shares of Sezzle by 109.4% during the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the period. Empowered Funds LLC bought a new stake in shares of Sezzle during the fourth quarter valued at about $33,000. Versant Capital Management Inc raised its stake in shares of Sezzle by 245.9% during the second quarter. Versant Capital Management Inc now owns 256 shares of the company’s stock valued at $44,000 after purchasing an additional 182 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in Sezzle in the fourth quarter worth about $49,000. Institutional investors own 2.02% of the company’s stock.
Sezzle Trading Up 5.4%
Shares of Sezzle stock opened at $163.09 on Tuesday. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73. The firm has a market cap of $5.48 billion, a price-to-earnings ratio of 38.74 and a beta of 6.76. The business has a fifty day simple moving average of $153.46 and a 200-day simple moving average of $101.97. Sezzle Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $195.71.
Wall Street Analysts Forecast Growth
A number of equities analysts recently issued reports on SEZL shares. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $190.00 target price (up from $115.00) on shares of Sezzle in a research report on Monday, July 13th. Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. B. Riley Financial reaffirmed a “buy” rating and issued a $141.00 price target (up from $117.00) on shares of Sezzle in a research note on Tuesday, June 2nd. TD Cowen increased their price objective on shares of Sezzle from $108.00 to $165.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $166.00 price objective (up from $132.00) on shares of Sezzle in a research note on Thursday, June 18th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $151.33.
Read Our Latest Stock Report on SEZL
Insider Buying and Selling at Sezzle
In other Sezzle news, COO Amin Sabzivand sold 6,930 shares of the company’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $179.91, for a total value of $1,246,776.30. Following the completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the transaction, the chief financial officer 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 124,382 shares of company stock valued at $17,416,662 over the last 90 days. Insiders own 49.49% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Sezzle
- SpaceX’s First Earnings Report Could Decide Whether Shorts or Bulls Have Control
- Why Rare Earth Processing Could Be the Real 2027 Opportunity
- The S&P 493 Are Staging a Comeback—This Value ETF Offers Broad Exposure
- TSMC Insiders Are Buying the Pullback—But Is the Signal as Bullish as It Looks?
Want to see what other hedge funds are holding SEZL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sezzle Inc. (NASDAQ:SEZL – Free Report).
Receive News & Ratings for Sezzle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sezzle and related companies with MarketBeat.com's FREE daily email newsletter.
