Illinois Municipal Retirement Fund Purchases New Holdings in Sezzle Inc. $SEZL

Illinois Municipal Retirement Fund acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,146 shares of the company’s stock, valued at approximately $579,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SEZL. Accredited Investors Inc. bought a new position in shares of Sezzle during the fourth quarter valued at approximately $57,955,000. Man Group plc purchased a new position in shares of Sezzle during the third quarter valued at approximately $25,005,000. Price T Rowe Associates Inc. MD boosted its position in shares of Sezzle by 213.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 378,185 shares of the company’s stock worth $24,004,000 after purchasing an additional 257,659 shares in the last quarter. State Street Corp boosted its position in shares of Sezzle by 59.1% in the 4th quarter. State Street Corp now owns 600,656 shares of the company’s stock worth $38,127,000 after purchasing an additional 223,052 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Sezzle by 2,161.5% in the 4th quarter. Invesco Ltd. now owns 214,642 shares of the company’s stock worth $13,624,000 after buying an additional 205,151 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Insiders Place Their Bets

In other news, Director Paul Paradis sold 26,400 shares of Sezzle stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $161.35, for a total value of $4,259,640.00. Following the completion of the sale, the director directly owned 416,195 shares in the company, valued at $67,153,063.25. The trade was a 5.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Amin Sabzivand sold 6,930 shares of Sezzle stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the completion of the sale, the chief operating officer owned 259,780 shares of the company’s stock, valued at $46,737,019.80. This represents a 2.60% 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. Insiders sold a total of 124,382 shares of company stock worth $17,416,662 in the last 90 days. Corporate insiders own 49.49% of the company’s stock.

Sezzle Stock Down 3.2%

SEZL stock opened at $153.89 on Friday. The stock has a market capitalization of $5.18 billion, a P/E ratio of 36.55 and a beta of 6.70. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.65 and a quick ratio of 3.65. Sezzle Inc. has a 1-year low of $49.50 and a 1-year high of $195.71. The business has a fifty day moving average price of $147.18 and a 200-day moving average price of $98.35.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Wednesday, May 6th. The company reported $1.43 EPS for the quarter, beating the consensus estimate of $1.24 by $0.19. Sezzle had a return on equity of 87.46% and a net margin of 30.83%.The company had revenue of $135.54 million for the quarter, compared to analysts’ expectations of $127.74 million. During the same period last year, the firm posted $0.98 earnings per share. Sezzle’s revenue was up 29.2% compared to the same quarter last year. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. Equities analysts forecast that Sezzle Inc. will post 5.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on SEZL shares. TD Cowen raised their price objective on Sezzle from $108.00 to $165.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Freedom Capital raised Sezzle to a “hold” rating in a report on Wednesday, June 24th. Northland Securities set a $170.00 target price on Sezzle in a research note on Thursday, June 25th. Needham & Company LLC restated a “buy” rating and set a $166.00 price target (up from $132.00) on shares of Sezzle in a report on Thursday, June 18th. Finally, Oppenheimer lowered Sezzle from an “outperform” rating to a “market perform” rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

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.