Sezzle (NASDAQ:SEZL – Get Free Report) had its price target increased by equities researchers at Needham & Company LLC from $166.00 to $172.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s target price indicates a potential downside of 3.66% from the company’s previous close.
Several other brokerages have also recently commented on SEZL. Northland Securities set a $170.00 target price on Sezzle in a report on Thursday, June 25th. Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a report on Tuesday. TD Cowen boosted their price objective on shares of Sezzle from $108.00 to $165.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Finally, Keefe, Bruyette & Woods reduced their price objective on Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $146.50.
Check Out Our Latest Research Report on Sezzle
Sezzle Stock Up 2.4%
Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. Sezzle had a return on equity of 87.46% and a net margin of 30.83%.The firm had revenue of $149.68 million during the quarter, compared to analysts’ expectations of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. As a group, sell-side analysts predict that Sezzle will post 5.1 EPS for the current fiscal year.
Insider Buying and Selling at Sezzle
In other Sezzle news, Director Paul Paradis sold 26,400 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $161.35, for a total transaction of $4,259,640.00. Following the completion of the sale, the director owned 416,195 shares in the company, valued at approximately $67,153,063.25. The trade was a 5.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction on 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 transaction, the chief operating officer directly owned 259,780 shares in the company, valued at approximately $46,737,019.80. This trade represents a 2.60% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 86,928 shares of company stock worth $13,510,889. 49.49% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Sezzle
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SEZL. Versant Capital Management Inc grew its position in shares of Sezzle by 245.9% during the 2nd quarter. Versant Capital Management Inc now owns 256 shares of the company’s stock worth $44,000 after buying an additional 182 shares during the period. Vestcor Inc acquired a new stake in shares of Sezzle in the 3rd quarter valued at approximately $29,000. Covestor Ltd boosted its stake in Sezzle by 109.4% during 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 position in Sezzle during the 4th quarter worth approximately $33,000. Finally, Sunbelt Securities Inc. acquired a new position in Sezzle during the third quarter valued at approximately $52,000. Institutional investors own 2.02% 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.
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