California State Teachers Retirement System Sells 8,825 Shares of Sezzle Inc. $SEZL

Key Points

• California State Teachers Retirement System cut its Sezzle stake by 31.2%, selling 8,825 shares and retaining 19,437 shares worth approximately $3.34 million. Institutional investors collectively own 2.02% of SEZL.
• Analysts remain generally optimistic, with Sezzle carrying a “Moderate Buy” consensus rating and an average price target of $146.50, although Keefe, Bruyette & Woods reduced its target to $155.
• Sezzle exceeded quarterly expectations, reporting $1.13 in EPS and $149.68 million in revenue versus estimates of $1.03 EPS and $135.09 million in revenue. The stock recently traded at $118.56, well below its 52-week high of $195.71.

California State Teachers Retirement System decreased its holdings in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) by 31.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 19,437 shares of the company's stock after selling 8,825 shares during the period. California State Teachers Retirement System owned 0.06% of Sezzle worth $3,335,972 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SEZL. GAMMA Investing LLC grew its stake in Sezzle by 12.8% during the 2nd quarter. GAMMA Investing LLC now owns 890 shares of the company's stock worth $153,000 after buying an additional 101 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Sezzle by 24.1% in the 1st quarter. Blue Trust Inc. now owns 905 shares of the company's stock worth $57,000 after acquiring an additional 176 shares during the period. Versant Capital Management Inc increased its stake in shares of Sezzle by 245.9% in the second quarter. Versant Capital Management Inc now owns 256 shares of the company's stock valued at $44,000 after buying an additional 182 shares in the last quarter. Nykredit A S bought a new position in Sezzle during the second quarter worth about $38,000. Finally, XML Financial LLC grew its position in shares of Sezzle by 7.0% in the 2nd quarter. XML Financial LLC now owns 3,443 shares of the company's stock valued at $591,000 after acquiring an additional 225 shares during the period. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SEZL. Northland Securities set a $170.00 target price on Sezzle in a research report on Thursday, June 25th. Keefe, Bruyette & Woods lowered their price objective on shares of Sezzle from $190.00 to $155.00 and set a "market perform" rating for the company in a research report on Friday, August 7th. Needham & Company LLC reiterated a "buy" rating and issued a $172.00 price objective on shares of Sezzle in a research note on Thursday, August 20th. Zacks Research raised shares of Sezzle from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings reiterated a "hold (c+)" rating on shares of Sezzle in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $146.50.

Sezzle Stock Performance

NASDAQ SEZL traded down $3.00 on Tuesday, reaching $118.56. The stock had a trading volume of 125,134 shares, compared to its average volume of 713,826. The company has a market cap of $3.99 billion, a P/E ratio of 25.82 and a beta of 6.66. 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 firm has a fifty day moving average of $143.39 and a two-hundred day moving average of $114.93. Sezzle Inc. has a 1-year low of $49.50 and a 1-year high of $195.71.

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

Insider Transactions at Sezzle

In other news, COO Amin Sabzivand sold 6,930 shares of the business's stock in a transaction dated Wednesday, July 1st. The shares were 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 owned 259,780 shares of the company's stock, valued at $46,737,019.80. The trade was a 2.60% decrease in their ownership of the stock. The transaction 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 Brading sold 10,000 shares of the business'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 transaction, the chief financial officer owned 296,931 shares of the company's stock, valued at $52,922,012.13. This trade represents a 3.26% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 58,350 shares of company stock worth $9,739,087 in the last 90 days. 49.49% of the stock is owned by company insiders.

About Sezzle

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.

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