Illinois Municipal Retirement Fund Invests $579,000 in Sezzle Inc. $SEZL

Illinois Municipal Retirement Fund bought a new position in Sezzle Inc. (NASDAQ:SEZL) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 9,146 shares of the company’s stock, valued at approximately $579,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vestcor Inc purchased a new stake in Sezzle during the 3rd quarter valued at $29,000. Covestor Ltd grew its holdings in Sezzle by 109.4% in the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after acquiring an additional 256 shares during the last quarter. Empowered Funds LLC bought a new stake in Sezzle in the 4th quarter worth $33,000. Strengthening Families & Communities LLC purchased a new position in shares of Sezzle in the fourth quarter valued at about $49,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of Sezzle in the third quarter valued at about $52,000. 2.02% of the stock is currently owned by institutional investors.

Insider Transactions at Sezzle

In other news, COO Amin Sabzivand sold 6,930 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total value of $1,246,776.30. Following the completion of the transaction, the chief operating officer owned 259,780 shares in the company, valued at $46,737,019.80. This trade represents a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Paradis sold 26,400 shares of Sezzle stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $161.35, for a total value of $4,259,640.00. Following the sale, the director owned 416,195 shares in the company, valued at $67,153,063.25. This represents a 5.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 124,382 shares of company stock worth $17,416,662 over the last 90 days. 49.49% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

SEZL has been the subject of a number of analyst reports. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Freedom Capital upgraded Sezzle to a “hold” rating in a report on Wednesday, June 24th. B. Riley Financial restated a “buy” rating and set a $141.00 price target (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $190.00 price target (up from $115.00) on shares of Sezzle in a research report on Monday, July 13th. Finally, Northland Securities set a $170.00 price objective on Sezzle in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Sezzle Price Performance

SEZL stock opened at $153.89 on Friday. Sezzle Inc. has a 1 year low of $49.50 and a 1 year high of $195.71. The company has a market cap of $5.18 billion, a P/E ratio of 36.55 and a beta of 6.70. The firm has a 50-day moving average of $147.18 and a 200 day moving average of $98.35. 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 (NASDAQ:SEZL) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.43 EPS for the quarter, topping the consensus estimate of $1.24 by $0.19. The business had revenue of $135.54 million during the quarter, compared to analyst estimates of $127.74 million. Sezzle had a net margin of 30.83% and a return on equity of 87.46%. Sezzle’s quarterly revenue was up 29.2% compared to the same quarter last year. During the same period last year, the business posted $0.98 earnings per share. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. On average, sell-side analysts forecast that Sezzle Inc. will post 5.1 EPS for the current year.

Sezzle Company 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.