Precision Wealth Strategies LLC Buys New Position in Sezzle Inc. $SEZL

Precision Wealth Strategies LLC bought a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 12,680 shares of the company’s stock, valued at approximately $1,008,000.

Several other institutional investors and hedge funds have also modified their holdings of SEZL. Blue Trust Inc. increased its stake in shares of Sezzle by 796.9% in the 3rd quarter. Blue Trust Inc. now owns 861 shares of the company’s stock worth $68,000 after purchasing an additional 765 shares in the last quarter. Corient Private Wealth LLC purchased a new stake in Sezzle in the second quarter worth about $391,000. Orion Porfolio Solutions LLC bought a new position in shares of Sezzle in the second quarter worth about $325,000. FORA Capital LLC purchased a new position in shares of Sezzle during the 2nd quarter valued at about $2,673,000. Finally, Vident Advisory LLC grew its stake in shares of Sezzle by 2.7% during the 2nd quarter. Vident Advisory LLC now owns 22,422 shares of the company’s stock valued at $4,019,000 after acquiring an additional 594 shares during the period. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Insider Buying and Selling

In other news, Director Kyle M. Brehm acquired 1,217 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were acquired at an average cost of $57.50 per share, with a total value of $69,977.50. Following the acquisition, the director directly owned 24,129 shares of the company’s stock, valued at approximately $1,387,417.50. The trade was a 5.31% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Karen Hartje sold 5,484 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $85.00, for a total value of $466,140.00. Following the transaction, the chief financial officer owned 116,053 shares of the company’s stock, valued at $9,864,505. This represents a 4.51% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 49.49% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

SEZL has been the topic of a number of recent analyst reports. UBS Group set a $110.00 target price on shares of Sezzle in a research note on Thursday, November 6th. Cowen started coverage on shares of Sezzle in a research report on Thursday, September 11th. They set a “hold” rating on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a research note on Monday. Wall Street Zen lowered Sezzle from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, TD Cowen began coverage on Sezzle in a report on Thursday, September 11th. They set a “hold” rating and a $82.00 price target on the stock. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sezzle has an average rating of “Hold” and an average target price of $126.25.

Sezzle Stock Performance

SEZL opened at $73.53 on Friday. 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 stock has a market capitalization of $2.51 billion, a price-to-earnings ratio of 22.75 and a beta of 8.68. The company has a fifty day moving average of $65.20 and a 200 day moving average of $98.61. Sezzle Inc. has a fifty-two week low of $24.86 and a fifty-two week high of $186.74.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings results on Tuesday, November 19th. The company reported $0.21 EPS for the quarter. The business had revenue of $40.84 million for the quarter. Sezzle had a net margin of 27.66% and a return on equity of 90.06%. As a group, sell-side analysts forecast that Sezzle Inc. will post 9.77 earnings per share 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.