SG Americas Securities LLC Sells 27,243 Shares of Sezzle Inc. $SEZL

SG Americas Securities LLC reduced its stake in shares of Sezzle Inc. (NASDAQ:SEZL) by 54.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,506 shares of the company’s stock after selling 27,243 shares during the quarter. SG Americas Securities LLC’s holdings in Sezzle were worth $1,424,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of Sezzle by 429.0% in the 1st 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 during the period. AQR Capital Management LLC boosted its stake in shares of Sezzle by 3,973.6% during the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company’s stock valued at $1,208,000 after purchasing an additional 33,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake 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 valued at $1,078,000 after purchasing an additional 29,586 shares in the last quarter. Millennium Management LLC increased its position in shares of Sezzle by 321.7% during the first quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock valued at $4,031,000 after buying an additional 88,127 shares during the period. Finally, Goldman Sachs Group Inc. raised its stake in Sezzle by 1,068.2% in the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock worth $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.

Insider Activity at Sezzle

In other Sezzle news, CFO Lee Dickson Brading sold 5,574 shares of the firm’s stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $169.55, for a total transaction of $945,071.70. Following the completion of the sale, the chief financial officer directly owned 306,931 shares in the company, valued at approximately $52,040,151.05. This trade represents a 1.78% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Justin Krause sold 3,178 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $117.72, for a total transaction of $374,114.16. Following the sale, the senior vice president owned 72,457 shares of the company’s stock, valued at approximately $8,529,638.04. This represents a 4.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 107,352 shares of company stock valued at $14,369,086. 49.49% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on SEZL. Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Needham & Company LLC reiterated a “buy” rating and set a $166.00 target price (up from $132.00) on shares of Sezzle in a report on Thursday, June 18th. Northland Securities set a $170.00 target price on Sezzle in a research report on Thursday, June 25th. Zacks Research raised Sezzle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, Keefe, Bruyette & Woods raised their target price on Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Sezzle presently has an average rating of “Moderate Buy” and an average price target of $125.00.

Sezzle Stock Performance

Sezzle stock opened at $183.24 on Friday. Sezzle Inc. has a 12 month low of $49.50 and a 12 month high of $186.74. The company has a market capitalization of $6.16 billion, a price-to-earnings ratio of 43.52 and a beta of 6.70. The business’s fifty day simple moving average is $122.04 and its two-hundred day simple moving average is $87.44. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.73.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $1.43 earnings per share for the quarter, beating the consensus estimate of $1.24 by $0.19. The firm had revenue of $135.54 million during the quarter, compared to the consensus estimate of $127.74 million. Sezzle had a return on equity of 87.46% and a net margin of 30.83%.The company’s revenue was up 29.2% on a year-over-year basis. During the same period last year, the company earned $0.98 earnings per share. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. As a group, equities analysts predict that Sezzle Inc. will post 5.09 earnings per share for the current fiscal year.

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.