Bank of New York Mellon Corp Takes Position in Sezzle Inc. $SEZL

Key Points

• Bank of New York Mellon purchased 98,518 Sezzle shares worth approximately $16.9 million, joining other institutions that recently increased their positions. Institutional investors collectively own 2.02% of SEZL.
• Sezzle reported quarterly EPS of $1.13, beating estimates of $1.03, while revenue of $149.68 million exceeded expectations. Analysts project full-year EPS of approximately $5.24.
• SEZL opened at $120.55 after declining 2.9%; analysts maintain a “Moderate Buy” consensus with an average price target of $146.50. Meanwhile, insiders sold 84,750 shares worth $13.3 million over the past three months.

Bank of New York Mellon Corp purchased a new position in Sezzle Inc. (NASDAQ:SEZL - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 98,518 shares of the company's stock, valued at approximately $16,909,000. Bank of New York Mellon Corp owned approximately 0.29% of Sezzle as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SEZL. Vanguard Group Inc. grew its stake in shares of Sezzle by 16.9% in the fourth quarter. Vanguard Group Inc. now owns 1,188,883 shares of the company's stock worth $75,464,000 after acquiring an additional 172,115 shares during the last quarter. Accredited Investors Inc. bought a new position in Sezzle in the 4th quarter worth about $57,955,000. State Street Corp boosted its stake in Sezzle by 59.1% in the 4th quarter. State Street Corp now owns 600,656 shares of the company's stock worth $38,127,000 after purchasing an additional 223,052 shares in the last quarter. Geode Capital Management LLC grew its position in Sezzle by 2.2% during the 4th quarter. Geode Capital Management LLC now owns 489,382 shares of the company's stock valued at $31,068,000 after purchasing an additional 10,625 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its position in Sezzle by 41.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 458,222 shares of the company's stock valued at $28,996,000 after purchasing an additional 134,714 shares during the last quarter. Institutional investors own 2.02% of the company's stock.

Sezzle Trading Down 2.9%

Shares of SEZL stock opened at $120.55 on Tuesday. The company has a current ratio of 4.02, a quick ratio of 4.02 and a debt-to-equity ratio of 0.52. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $195.71. The stock has a market capitalization of $4.06 billion, a P/E ratio of 26.21 and a beta of 6.76. The firm's 50 day moving average is $153.66 and its 200 day moving average is $110.93.

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on SEZL. Freedom Capital raised shares of Sezzle to a "hold" rating in a report on Wednesday, June 24th. Oppenheimer cut shares of Sezzle from an "outperform" rating to a "market perform" rating in a report on Monday, June 29th. Northland Securities set a $170.00 price target on shares of Sezzle in a research report on Thursday, June 25th. Wall Street Zen upgraded shares of Sezzle from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Finally, Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Sezzle in a research report on Tuesday, August 4th. One 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $146.50.

Insider Transactions at Sezzle

In other Sezzle news, COO Amin Sabzivand sold 6,930 shares of the business's stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $179.91, for a total transaction of $1,246,776.30. Following the completion of the sale, the chief operating officer directly owned 259,780 shares in the company, valued at $46,737,019.80. The trade was a 2.60% decrease in their position. The transaction 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 Paul Paradis sold 26,400 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $161.35, for a total transaction of $4,259,640.00. Following the sale, the director directly owned 416,195 shares of the company's stock, valued at $67,153,063.25. The trade was a 5.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 84,750 shares of company stock worth $13,262,695 in the last three months. 49.49% of the stock is owned by insiders.

Sezzle Profile

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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