Regal Partners Ltd Invests $2.56 Million in Sezzle Inc. (NASDAQ:SEZL)

Regal Partners Ltd purchased a new stake in Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 10,024 shares of the company’s stock, valued at approximately $2,564,000. Regal Partners Ltd owned 0.18% of Sezzle at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Plato Investment Management Ltd acquired a new position in shares of Sezzle in the fourth quarter valued at approximately $30,000. Meeder Asset Management Inc. acquired a new position in Sezzle in the 4th quarter valued at $31,000. Federated Hermes Inc. increased its position in Sezzle by 3,575.0% during the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company’s stock worth $38,000 after buying an additional 143 shares during the period. Modus Advisors LLC acquired a new stake in shares of Sezzle during the fourth quarter worth $80,000. Finally, Principal Securities Inc. bought a new stake in shares of Sezzle in the fourth quarter valued at about $84,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

Separately, B. Riley reiterated a “buy” rating and issued a $62.83 price objective (up previously from $62.00) on shares of Sezzle in a research note on Wednesday, February 26th.

Sezzle Price Performance

Shares of NASDAQ SEZL opened at $51.74 on Wednesday. The stock has a market capitalization of $1.75 billion, a PE ratio of 5.50 and a beta of 8.73. Sezzle Inc. has a fifty-two week low of $6.73 and a fifty-two week high of $79.59. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. The business has a fifty day moving average price of $40.41 and a two-hundred day moving average price of $45.30.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Tuesday, February 25th. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.22. The business had revenue of $271.13 billion during the quarter, compared to the consensus estimate of $73.90 million. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. As a group, equities analysts predict that Sezzle Inc. will post 9.77 earnings per share for the current fiscal year.

Sezzle declared that its Board of Directors has initiated a share repurchase plan on Monday, March 10th that permits the company to repurchase $50.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 4.3% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

About Sezzle

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.