Madison Asset Management LLC acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 61,679 shares of the company’s stock, valued at approximately $10,586,000. Madison Asset Management LLC owned 0.18% of Sezzle as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in SEZL. Royal Bank of Canada raised its position in Sezzle by 429.0% in the first quarter. Royal Bank of Canada now owns 132,361 shares of the company’s stock worth $4,618,000 after purchasing an additional 107,340 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Sezzle by 3,973.6% in the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company’s stock worth $1,208,000 after buying an additional 33,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sezzle by 2,241.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company’s stock worth $1,078,000 after buying an additional 29,586 shares during the period. Millennium Management LLC lifted its position in shares of Sezzle by 321.7% during the 1st quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock worth $4,031,000 after buying an additional 88,127 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock valued at $5,913,000 after buying an additional 154,978 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, COO Amin Sabzivand sold 6,930 shares of Sezzle stock in a transaction dated 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 directly owned 259,780 shares of the company’s stock, valued at $46,737,019.80. The trade was a 2.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lee Dickson Brading sold 10,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the transaction, the chief financial officer owned 296,931 shares in the company, valued at approximately $52,922,012.13. This trade represents a 3.26% decrease in their position. 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. In the last three months, insiders have sold 86,928 shares of company stock valued at $13,510,889. 49.49% of the stock is owned by corporate insiders.
Sezzle Stock Up 1.5%
Sezzle (NASDAQ:SEZL – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.10. The firm had revenue of $149.68 million during the quarter, compared to the consensus estimate of $135.09 million. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. As a group, sell-side analysts forecast that Sezzle Inc. will post 5.24 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research note on Tuesday, August 4th. Freedom Capital upgraded shares of Sezzle to a “hold” rating in a research note on Wednesday, June 24th. Oppenheimer lowered shares of Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, TD Cowen raised shares of Sezzle from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Sezzle presently has an average rating of “Moderate Buy” and an average target price of $146.50.
View Our Latest Analysis on Sezzle
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.
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