Legal & General Group Plc Invests $7.14 Million in Sezzle Inc. $SEZL

Legal & General Group Plc purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) in the second quarter, HoldingsChannel.com reports. The firm purchased 41,577 shares of the company’s stock, valued at approximately $7,136,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company acquired a new position in Sezzle in the 2nd quarter worth $1,488,000. OMERS ADMINISTRATION Corp acquired a new stake in shares of Sezzle during the second quarter valued at about $4,291,000. Sanctuary Advisors LLC acquired a new stake in shares of Sezzle during the second quarter valued at about $1,834,000. Quantbot Technologies LP purchased a new stake in shares of Sezzle during the second quarter worth about $2,425,000. Finally, Ieq Capital LLC purchased a new stake in shares of Sezzle during the second quarter worth about $202,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Price Performance

SEZL opened at $121.50 on Thursday. The company has a quick ratio of 4.02, a current ratio of 4.02 and a debt-to-equity ratio of 0.52. The company’s 50-day moving average price is $152.17 and its 200 day moving average price is $111.71. Sezzle Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $195.71. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 26.41 and a beta of 6.66.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Thursday, August 6th. The company reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.10. The company had revenue of $149.68 million during the quarter, compared to the consensus estimate of $135.09 million. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. As a group, sell-side analysts expect that Sezzle Inc. will post 5.24 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on SEZL shares. TD Cowen raised Sezzle from a “hold” rating to a “buy” rating and set a $165.00 price target for the company in a report on Monday, August 10th. Keefe, Bruyette & Woods cut their target price on Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. Northland Securities set a $170.00 target price on Sezzle in a research note on Thursday, June 25th. Freedom Capital raised shares of Sezzle to a “hold” rating in a research report on Wednesday, June 24th. Finally, Needham & Company LLC restated a “buy” rating and issued a $172.00 price target on shares of Sezzle in a research note on Thursday, August 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $146.50.

Insider Buying and Selling

In related news, Director Paul Paradis sold 26,400 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $133.47, for a total transaction of $3,523,608.00. Following the completion of the transaction, the director directly owned 442,595 shares in the company, valued at $59,073,154.65. This represents a 5.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kyle M. Brehm sold 1,000 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $125.92, for a total value of $125,920.00. Following the completion of the sale, the director directly owned 23,853 shares in the company, valued at $3,003,569.76. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 84,750 shares of company stock worth $13,262,695. 49.49% of the stock is owned by company insiders.

About Sezzle

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.