Sezzle Inc. $SEZL Stock: Knights of Columbus Asset Advisors LLC Raises Position

Knights of Columbus Asset Advisors LLC raised its stake in Sezzle Inc. (NASDAQ:SEZL) by 74.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,377 shares of the company’s stock after purchasing an additional 5,295 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in Sezzle were worth $1,337,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. IFP Advisors Inc increased its stake in shares of Sezzle by 224.4% during the second quarter. IFP Advisors Inc now owns 146 shares of the company’s stock worth $25,000 after buying an additional 101 shares during the period. Nykredit A S acquired a new stake in Sezzle in the second quarter valued at approximately $38,000. Integrated Wealth Concepts LLC purchased a new position in Sezzle in the second quarter worth approximately $39,000. Versant Capital Management Inc lifted its stake in Sezzle by 245.9% in the second quarter. Versant Capital Management Inc now owns 256 shares of the company’s stock worth $44,000 after acquiring an additional 182 shares during the last quarter. Finally, Signaturefd LLC lifted its stake in Sezzle by 112.3% in the third quarter. Signaturefd LLC now owns 344 shares of the company’s stock worth $37,000 after acquiring an additional 182 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Price Performance

SEZL stock opened at $154.67 on Friday. The business has a 50 day moving average price of $124.91 and a 200 day moving average price of $111.89. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 29.57 and a beta of 6.59. Sezzle Inc. has a fifty-two week low of $49.50 and a fifty-two week high of $195.71. The company has a quick ratio of 4.21, a current ratio of 4.21 and a debt-to-equity ratio of 0.37.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.09. The firm had revenue of $166.50 million during the quarter, compared to the consensus estimate of $155.01 million. Sezzle had a return on equity of 81.99% and a net margin of 31.39%. The firm’s quarterly revenue was up 42.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.71 earnings per share. Equities research analysts anticipate that Sezzle Inc. will post 5.48 earnings per share for the current fiscal year.

Insider Activity at Sezzle

In other news, Director Kyle Brehm sold 1,000 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total value of $125,920.00. Following the completion of the transaction, the director owned 23,853 shares in the company, valued at approximately $3,003,569.76. This represents a 4.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Bryan Hunt bought 250 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The stock was bought at an average cost of $115.86 per share, for a total transaction of $28,965.00. Following the completion of the transaction, the director directly owned 3,985 shares in the company, valued at approximately $461,702.10. The trade was a 6.69% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 43.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on SEZL shares. Needham & Company LLC increased their price objective on shares of Sezzle from $172.00 to $220.00 and gave the company a “buy” rating in a research report on Thursday, November 5th. Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a report on Sunday, November 1st. B. Riley Financial reaffirmed a “buy” rating on shares of Sezzle in a research report on Friday, August 7th. Keefe, Bruyette & Woods lowered their target price on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research note on Friday, August 7th. Finally, TD Cowen increased their target price on Sezzle from $160.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, November 5th. One equities research 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. According to MarketBeat, Sezzle currently has a consensus rating of “Moderate Buy” and an average target price of $160.33.

About Sezzle

Sezzle Inc. is a financial technology company that operates a buy now, pay later platform. Its services let shoppers split eligible purchases into installments at checkout, while giving merchants another payment option to offer customers. The company also provides shopping and payment tools through its app, including a virtual card and services designed to help users manage purchases and build credit. Sezzle’s platform primarily serves consumers and merchants in the United States and Canada. Founded in 2016, Sezzle is headquartered in Minneapolis, Minnesota.