GSA Capital Partners LLP Purchases Shares of 19,468 Sezzle Inc. $SEZL

GSA Capital Partners LLP acquired a new position in Sezzle Inc. (NASDAQ:SEZL) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 19,468 shares of the company’s stock, valued at approximately $1,548,000.

Other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Sezzle by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,016,768 shares of the company’s stock worth $80,864,000 after purchasing an additional 46,760 shares during the period. JPMorgan Chase & Co. boosted its position in Sezzle by 61.7% during the third quarter. JPMorgan Chase & Co. now owns 57,556 shares of the company’s stock valued at $4,577,000 after buying an additional 21,966 shares during the period. Florida Financial Advisors LLC bought a new position in shares of Sezzle during the third quarter valued at about $598,000. Rhumbline Advisers increased its holdings in shares of Sezzle by 5.7% in the third quarter. Rhumbline Advisers now owns 22,626 shares of the company’s stock worth $1,799,000 after buying an additional 1,211 shares during the period. Finally, Madison Asset Management LLC purchased a new position in shares of Sezzle in the third quarter worth about $2,508,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Price Performance

SEZL opened at $63.40 on Wednesday. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.52 and a current ratio of 3.52. The stock has a market capitalization of $2.17 billion, a PE ratio of 19.62 and a beta of 8.70. The stock’s 50 day moving average price is $68.77 and its 200-day moving average price is $75.99. Sezzle Inc. has a 52-week low of $24.86 and a 52-week high of $186.74.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. TD Cowen dropped their target price on Sezzle from $83.00 to $82.00 and set a “hold” rating for the company in a report on Thursday, January 8th. Needham & Company LLC started coverage on Sezzle in a research note on Thursday, February 12th. They set a “buy” rating and a $85.00 price objective for the company. UBS Group set a $76.00 target price on shares of Sezzle in a research note on Tuesday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 29th. Finally, Wall Street Zen cut shares of Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $111.20.

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.