2,543,246 Shares in Sezzle Inc. $SEZL Purchased by BlackRock Inc.

Key Points

• BlackRock acquired 2.54 million Sezzle shares worth approximately $436.5 million, giving it a 7.56% stake in the buy now, pay later company.
• Sezzle insiders sold 83,750 shares valued at $13.1 million in the last quarter, although insiders still own a substantial 49.49% of the company.
• Analysts maintain a generally positive outlook, with Sezzle holding a “Moderate Buy” consensus rating and an average price target of $146.50. The company also exceeded quarterly earnings and revenue expectations.

BlackRock Inc. acquired a new position in Sezzle Inc. (NASDAQ:SEZL - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,543,246 shares of the company's stock, valued at approximately $436,497,000. BlackRock Inc. owned 7.56% of Sezzle at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Vestcor Inc purchased a new stake in shares of Sezzle in the 3rd quarter worth approximately $29,000. Covestor Ltd grew its stake in shares of Sezzle by 109.4% in the fourth quarter. Covestor Ltd now owns 490 shares of the company's stock worth $31,000 after acquiring an additional 256 shares during the last quarter. Empowered Funds LLC bought a new position in shares of Sezzle during the fourth quarter valued at $33,000. Versant Capital Management Inc increased its holdings in shares of Sezzle by 245.9% during the second quarter. Versant Capital Management Inc now owns 256 shares of the company's stock valued at $44,000 after acquiring an additional 182 shares in the last quarter. Finally, Strengthening Families & Communities LLC purchased a new position in shares of Sezzle in the 4th quarter worth about $49,000. 2.02% of the stock is owned by institutional investors.

Insider Activity

In other news, COO Amin Sabzivand sold 6,930 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $179.91, for a total value of $1,246,776.30. Following the transaction, the chief operating officer owned 259,780 shares in the company, valued at $46,737,019.80. This represents a 2.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Lee Dickson Brading sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the completion of the transaction, the chief financial officer directly owned 296,931 shares in the company, valued at approximately $52,922,012.13. The trade was a 3.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 83,750 shares of company stock valued at $13,136,775 in the last quarter. 49.49% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on SEZL. Zacks Research upgraded shares of Sezzle from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 27th. Keefe, Bruyette & Woods dropped their target price on shares of Sezzle from $190.00 to $155.00 and set a "market perform" rating on the stock in a research note on Friday, August 7th. Freedom Capital upgraded shares of Sezzle to a "hold" rating in a report on Wednesday, June 24th. Needham & Company LLC reissued a "buy" rating and set a $172.00 price target on shares of Sezzle in a research report on Thursday, August 20th. Finally, TD Cowen upgraded Sezzle from a "hold" rating to a "buy" rating and set a $165.00 price target for the company in a research note on Monday, August 10th. One 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, Sezzle currently has an average rating of "Moderate Buy" and an average price target of $146.50.

Sezzle Price Performance

NASDAQ SEZL opened at $124.08 on Wednesday. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 26.97 and a beta of 6.76. Sezzle Inc. has a 1-year low of $49.50 and a 1-year high of $195.71. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.02 and a quick ratio of 4.02. The business's fifty day moving average price is $156.38 and its 200-day moving average price is $109.30.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $1.13 EPS for the quarter, topping the consensus estimate of $1.03 by $0.10. The company had revenue of $149.68 million during the quarter, compared to analyst estimates 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. On average, equities analysts predict that Sezzle Inc. will post 5.24 earnings per share for the current year.

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.

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