1 week Ago By Defense World Staff
KLP Kapitalforvaltning AS bought a new stake in shares of Sezzle Inc. (NASDAQ:SEZL – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 500 shares of the company’s stock, valued at approximately $128,000.
Several other institutional investors also recently modified their holdings of SEZL. State Street Corp raised its stake in Sezzle by 3.5% during the 3rd quarter.
State Street Corp now owns 49,362 shares of the company’s stock worth $8,421,000 after buying an additional 1,683 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Sezzle by 1.
6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,697 shares of the company’s stock valued at $5,294,000 after buying an additional 334 shares during the last quarter.
Calamos Advisors LLC bought a new position in shares of Sezzle in the 4th quarter valued at about $2,423,000. Navellier & Associates Inc. increased its position in shares of Sezzle by 21.
5% in the fourth quarter. Navellier & Associates Inc. now owns 8,667 shares of the company’s stock valued at $2,217,000 after acquiring an additional 1,531 shares during the last quarter.
Finally, Independent Advisor Alliance acquired a new position in Sezzle during the fourth quarter valued at approximately $1,872,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.
Sezzle Stock PerformanceSEZL opened at $38.15 on Thursday. The company has a debt-to-equity ratio of 1.
54, a current ratio of 2.40 and a quick ratio of 2.40.
The company has a market capitalization of $1.29 billion, a PE ratio of 4.06 and a beta of 8.
73. The business has a fifty day simple moving average of $41.78 and a 200 day simple moving average of $43.
76. Sezzle Inc. has a 1 year low of $6.
73 and a 1 year high of $79.59. Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings results on Tuesday, February 25th.
The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.51 by $0.
22. The business had revenue of $271.13 billion for the quarter, compared to the consensus estimate of $73.
90 million. Sezzle had a net margin of 25.29% and a return on equity of 101.
18%. Research analysts expect that Sezzle Inc. will post 9.
77 EPS for the current year. Sezzle announced that its Board of Directors has initiated a share repurchase program on Monday, March 10th that permits the company to buyback $50.00 million in outstanding shares.
This buyback authorization permits the company to purchase up to 4.3% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s leadership believes its stock is undervalued.
Insider Activity at SezzleIn other news, CFO Karen Hartje sold 20,742 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $52.72, for a total transaction of $1,093,518.
24. Following the sale, the chief financial officer now directly owns 210,726 shares of the company’s stock, valued at approximately $11,109,474.72.
This represents a 8.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
57.65% of the stock is currently owned by corporate insiders. Analyst Ratings ChangesSeveral research firms have issued reports on SEZL.
B. Riley reaffirmed a “buy” rating and set a $62.83 price target (up from $62.
00) on shares of Sezzle in a research report on Wednesday, February 26th. Northland Securities upped their price target on shares of Sezzle from $50.00 to $60.
00 and gave the company an “outperform” rating in a research note on Thursday, December 19th.Read Our Latest Stock Report on SezzleSezzle Profile (Free Report)Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants.
It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.See AlsoFive stocks we like better than SezzleInvesting in the High PE Growth Stocks Quantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreHow to Start Investing in Real EstateAre Tariffs Threatening Disney’s Comeback Story?Best of the list of Dividend Aristocrats: Build wealth with the aristocrat indexIs Alphabet a Generational Buying Opportunity at These Levels?Want to see what other hedge funds are holding SEZL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Sezzle Inc. (NASDAQ:SEZL – Free Report)..
