Legal & General Group Plc Makes New Investment in Sezzle Inc. $SEZL

Legal & General Group Plc purchased a new position in Sezzle Inc. (NASDAQ:SEZL) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 41,577 shares of the company’s stock, valued at approximately $7,136,000. Legal & General Group Plc owned about 0.12% of Sezzle as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Versant Capital Management Inc boosted its stake in shares of Sezzle by 245.9% during the second quarter. Versant Capital Management Inc now owns 256 shares of the company’s stock valued at $44,000 after acquiring an additional 182 shares during the last quarter. Vestcor Inc acquired a new position in Sezzle in the 3rd quarter valued at about $29,000. Covestor Ltd raised its stake in Sezzle by 109.4% in the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the last quarter. Empowered Funds LLC purchased a new position in Sezzle in the 4th quarter valued at about $33,000. Finally, Sunbelt Securities Inc. purchased a new position in Sezzle in the 3rd quarter valued at about $52,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. B. Riley Financial reaffirmed a “buy” rating on shares of Sezzle in a research note on Friday, August 7th. Freedom Capital upgraded Sezzle to a “hold” rating in a report on Wednesday, June 24th. Oppenheimer lowered Sezzle from an “outperform” rating to a “market perform” rating in a research note on Monday, June 29th. Finally, Needham & Company LLC restated a “buy” rating and set a $172.00 price objective on shares of Sezzle in a report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Sezzle presently has an average rating of “Moderate Buy” and an average target price of $146.50.

Insider Transactions at Sezzle

In related news, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the completion of the sale, the chief operating officer owned 259,780 shares of the company’s stock, valued at approximately $46,737,019.80. This represents a 2.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kyle M. Brehm sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total transaction of $125,920.00. Following the completion of the transaction, the director owned 23,853 shares in the company, valued at $3,003,569.76. The trade was a 4.02% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 84,750 shares of company stock worth $13,262,695 over the last 90 days. Company insiders own 49.49% of the company’s stock.

Sezzle Stock Up 6.1%

Shares of NASDAQ SEZL opened at $121.50 on Thursday. The stock has a market capitalization of $4.09 billion, a PE ratio of 26.41 and a beta of 6.66. The company has a quick ratio of 4.02, a current ratio of 4.02 and a debt-to-equity ratio of 0.52. The firm has a fifty day moving average of $152.17 and a 200-day moving average of $111.71. Sezzle Inc. has a 52-week low of $49.50 and a 52-week high of $195.71.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. On average, analysts anticipate that Sezzle Inc. will post 5.24 EPS for the current 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.