Handelsbanken Fonder AB Purchases New Position in Sezzle Inc. $SEZL

Handelsbanken Fonder AB purchased a new stake in Sezzle Inc. (NASDAQ:SEZLFree Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,600 shares of the company’s stock, valued at approximately $292,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vestcor Inc acquired a new position in Sezzle in the 3rd quarter valued at about $29,000. Strengthening Families & Communities LLC acquired a new position in Sezzle in the 4th quarter valued at about $49,000. Sunbelt Securities Inc. acquired a new position in Sezzle in the 3rd quarter valued at about $52,000. Larson Financial Group LLC grew its stake in Sezzle by 35.4% in the 3rd quarter. Larson Financial Group LLC now owns 795 shares of the company’s stock valued at $63,000 after buying an additional 208 shares during the last quarter. Finally, Allworth Financial LP grew its stake in Sezzle by 38.5% in the 3rd quarter. Allworth Financial LP now owns 859 shares of the company’s stock valued at $68,000 after buying an additional 239 shares during the last quarter. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. UBS Group set a $76.00 price objective on shares of Sezzle in a report on Tuesday, February 17th. Zacks Research downgraded shares of Sezzle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. Keefe, Bruyette & Woods boosted their price objective on shares of Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. TD Cowen reissued a “hold” rating on shares of Sezzle in a report on Thursday, May 7th. Finally, Weiss Ratings raised shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Sezzle currently has an average rating of “Moderate Buy” and a consensus target price of $118.00.

Check Out Our Latest Report on Sezzle

Insiders Place Their Bets

In related news, SVP Justin Krause sold 11,822 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $106.46, for a total value of $1,258,570.12. Following the completion of the transaction, the senior vice president owned 67,635 shares of the company’s stock, valued at $7,200,422.10. This represents a 14.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lee Dickson Brading sold 1,240 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 $88,511.20. Following the completion of the transaction, the chief financial officer owned 292,002 shares of the company’s stock, valued at approximately $20,843,102.76. This trade represents a 0.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 57,891 shares of company stock worth $5,364,566 over the last 90 days. Insiders own 49.49% of the company’s stock.

Sezzle Price Performance

Shares of NASDAQ:SEZL opened at $119.00 on Friday. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 28.27 and a beta of 6.91. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.65 and a quick ratio of 3.65. The firm has a 50 day simple moving average of $82.34 and a 200 day simple moving average of $71.97. Sezzle Inc. has a one year low of $49.50 and a one year high of $186.74.

Sezzle (NASDAQ:SEZLGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.24 by $0.19. The business had revenue of $135.54 million during the quarter, compared to the consensus estimate of $127.74 million. Sezzle had a net margin of 30.83% and a return on equity of 87.46%. The firm’s revenue was up 29.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.98 EPS. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. Research analysts predict that Sezzle Inc. will post 5.09 earnings per share for the current fiscal year.

Sezzle 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.

Further Reading

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Institutional Ownership by Quarter for Sezzle (NASDAQ:SEZL)

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