VIRGINIA RETIREMENT SYSTEMS ET Al Purchases New Holdings in Sezzle Inc. $SEZL

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the second quarter, Holdings Channel reports. The firm purchased 7,700 shares of the company’s stock, valued at approximately $1,322,000.

A number of other hedge funds have also recently added to or reduced their stakes in SEZL. Vestcor Inc acquired a new position in Sezzle in the 3rd quarter valued at $29,000. Covestor Ltd lifted its position in shares of Sezzle by 109.4% during the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after acquiring an additional 256 shares during the period. Empowered Funds LLC acquired a new stake in shares of Sezzle during the 4th quarter worth $33,000. Nykredit A S acquired a new stake in shares of Sezzle during the 2nd quarter worth $38,000. Finally, Versant Capital Management Inc increased its position in shares of 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 purchasing an additional 182 shares during the period. Institutional investors own 2.02% of the company’s stock.

Analyst Upgrades and Downgrades

SEZL has been the subject of a number of analyst reports. Keefe, Bruyette & Woods dropped their price target on Sezzle from $190.00 to $155.00 and set a “market perform” rating for the company in a research note on Friday, August 7th. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and issued a $172.00 target price on shares of Sezzle in a report on Thursday, August 20th. Wall Street Zen cut shares of Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Oppenheimer downgraded shares of Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $146.50.

Insider Activity at Sezzle

In related news, CFO Lee Brading sold 10,000 shares of Sezzle stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the sale, the chief financial officer directly owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. The trade was a 3.26% decrease in their position. The sale was disclosed in a document filed with the SEC, 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 company’s stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $125.92, for a total transaction of $125,920.00. Following the transaction, the director owned 23,853 shares of the company’s stock, valued at approximately $3,003,569.76. This represents a 4.02% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 58,350 shares of company stock worth $9,739,087 over the last three months. 49.49% of the stock is owned by insiders.

Sezzle Price Performance

Sezzle stock opened at $118.87 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 4.02 and a current ratio of 4.02. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $195.71. The stock has a market capitalization of $4.00 billion, a P/E ratio of 25.84 and a beta of 6.66. The stock has a fifty day moving average of $144.54 and a 200-day moving average of $114.10.

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

Sezzle Company Profile

Sezzle Inc is a financial technology company that operates a buy now, pay later platform. Its services allow consumers to split eligible purchases into scheduled installments, typically through participating online and in-store merchants. Sezzle’s platform is designed to provide flexible payment options while helping merchants attract customers and support e-commerce sales.

The company offers products and services that include installment payment solutions, a virtual card, and subscription-based access to additional purchasing features.