New York State Common Retirement Fund Has $205,000 Stake in Sezzle Inc. (NASDAQ:SEZL)

New York State Common Retirement Fund decreased its position in Sezzle Inc. (NASDAQ:SEZL) by 33.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 800 shares of the company’s stock after selling 400 shares during the period. New York State Common Retirement Fund’s holdings in Sezzle were worth $205,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rhumbline Advisers boosted its stake in shares of Sezzle by 1.8% during the 4th quarter. Rhumbline Advisers now owns 2,556 shares of the company’s stock valued at $654,000 after buying an additional 45 shares during the period. SG Americas Securities LLC raised its holdings in Sezzle by 22.2% in the 4th quarter. SG Americas Securities LLC now owns 1,184 shares of the company’s stock worth $303,000 after acquiring an additional 215 shares during the period. Covestor Ltd bought a new position in shares of Sezzle during the 3rd quarter worth about $38,000. Modus Advisors LLC bought a new position in shares of Sezzle during the 4th quarter worth about $80,000. Finally, Principal Securities Inc. bought a new position in shares of Sezzle during the 4th quarter worth about $84,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. B. Riley reiterated a “buy” rating and set a $377.00 target price (up from $372.00) on shares of Sezzle in a research report on Wednesday, February 26th. Northland Securities boosted their price target on shares of Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th.

Insider Buying and Selling at Sezzle

In other news, CFO Karen Hartje sold 3,457 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total value of $1,093,518.24. Following the completion of the transaction, the chief financial officer now owns 35,121 shares in the company, valued at $11,109,474.72. This represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 57.65% of the company’s stock.

Sezzle Price Performance

Shares of SEZL stock opened at $261.06 on Thursday. Sezzle Inc. has a 1 year low of $40.39 and a 1 year high of $477.52. The firm’s 50 day moving average is $265.08 and its 200-day moving average is $248.21. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 27.77 and a beta of 9.05. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $1.31. The business had revenue of $271.13 billion during 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%. Sell-side analysts forecast that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Sezzle Profile

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.