Massachusetts Financial Services Co. MA grew its stake in Sezzle Inc. (NASDAQ:SEZL – Free Report) by 70.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 17,745 shares of the company’s stock after purchasing an additional 7,304 shares during the quarter. Massachusetts Financial Services Co. MA’s holdings in Sezzle were worth $1,126,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Yousif Capital Management LLC bought a new position in Sezzle in the 4th quarter worth about $300,000. SG Americas Securities LLC grew its stake in Sezzle by 54.9% in the 4th quarter. SG Americas Securities LLC now owns 49,749 shares of the company’s stock worth $3,158,000 after acquiring an additional 17,628 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Sezzle by 61.7% during the third quarter. JPMorgan Chase & Co. now owns 57,556 shares of the company’s stock valued at $4,577,000 after purchasing an additional 21,966 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Sezzle by 38.5% during the third quarter. Allworth Financial LP now owns 859 shares of the company’s stock valued at $68,000 after purchasing an additional 239 shares in the last quarter. Finally, CIBC Bancorp USA Inc. bought a new position in shares of Sezzle during the third quarter valued at approximately $272,000. 2.02% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research firms have recently issued reports on SEZL. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 27th. Keefe, Bruyette & Woods began coverage on shares of Sezzle in a research note on Monday, April 6th. They set an “outperform” rating and a $85.00 price objective on the stock. TD Cowen dropped their price objective on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 29th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $94.00 price objective (up from $85.00) on shares of Sezzle in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Sezzle presently has an average rating of “Moderate Buy” and an average price target of $108.33.
Insider Buying and Selling
In other Sezzle news, Director Paul Paradis sold 5,257 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $71.38, for a total value of $375,244.66. Following the completion of the sale, the director directly owned 482,505 shares in the company, valued at $34,441,206.90. This trade represents a 1.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Youakim sold 7,185 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $71.38, for a total transaction of $512,865.30. Following the completion of the sale, the chief executive officer owned 12,332,279 shares of the company’s stock, valued at approximately $880,278,075.02. This trade represents a 0.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 46,837 shares of company stock valued at $3,615,409 over the last quarter. Insiders own 49.49% of the company’s stock.
Sezzle Price Performance
NASDAQ SEZL opened at $80.71 on Friday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.92 and a current ratio of 3.92. The firm’s 50 day moving average price is $67.57 and its 200-day moving average price is $68.09. Sezzle Inc. has a 52-week low of $37.60 and a 52-week high of $186.74. The company has a market cap of $2.73 billion, a PE ratio of 21.58 and a beta of 8.14.
Sezzle (NASDAQ:SEZL – Get Free Report) last announced its earnings results on Wednesday, February 25th. The company reported $1.21 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.25. The company had revenue of $129.87 million during the quarter, compared to the consensus estimate of $128.29 million. Sezzle had a net margin of 29.57% and a return on equity of 88.61%. Sezzle’s revenue for the quarter was up 32.3% on a year-over-year basis. Sezzle has set its FY 2026 guidance at 4.350-4.700 EPS. Sell-side analysts forecast that Sezzle Inc. will post 9.77 EPS for the current fiscal year.
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.
See Also
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).
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