Sezzle Inc. (NASDAQ:SEZL) Shares Bought by Rhumbline Advisers

Rhumbline Advisers increased its position in Sezzle Inc. (NASDAQ:SEZL) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,556 shares of the company’s stock after buying an additional 45 shares during the quarter. Rhumbline Advisers’ holdings in Sezzle were worth $654,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SEZL. State Street Corp raised its position in Sezzle by 3.5% in the third quarter. State Street Corp now owns 49,362 shares of the company’s stock worth $8,421,000 after acquiring an additional 1,683 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Sezzle by 191.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock worth $3,474,000 after purchasing an additional 13,383 shares in the last quarter. Calamos Advisors LLC acquired a new stake in Sezzle during the fourth quarter valued at approximately $2,423,000. Navellier & Associates Inc. bought a new stake in Sezzle during the third quarter worth approximately $1,217,000. Finally, Barclays PLC grew its position in Sezzle by 125.4% in the third quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after buying an additional 2,512 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.

Sezzle Price Performance

SEZL stock opened at $233.65 on Friday. Sezzle Inc. has a one year low of $40.39 and a one year high of $477.52. The firm has a 50-day moving average of $263.53 and a two-hundred day moving average of $248.78. The firm has a market capitalization of $1.32 billion, a PE ratio of 24.86 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 issued its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 EPS for the quarter, beating the consensus estimate of $3.08 by $1.31. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. The business had revenue of $271.13 billion during the quarter, compared to the consensus estimate of $73.90 million. On average, analysts forecast that Sezzle Inc. will post 9.77 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have issued reports on SEZL. Northland Securities upped their price target on Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. B. Riley reaffirmed 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.

Insider Activity

In other Sezzle news, CFO Karen Hartje sold 3,457 shares of Sezzle stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the transaction, the chief financial officer now owns 35,121 shares of the company’s stock, valued at $11,109,474.72. The trade was a 8.96 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 57.65% of the company’s stock.

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.