California State Teachers Retirement System Purchases 11,145 Shares of Sezzle Inc. $SEZL

Key Points

• California State Teachers Retirement System increased its Sezzle stake by 65.1%, purchasing 11,145 additional shares to hold 28,262 shares valued at approximately $1.79 million. Other institutions also significantly expanded their positions, though institutional ownership remains modest at 2.02%.
• Sezzle reported quarterly EPS of $1.13, exceeding the $1.03 consensus estimate, while revenue of $149.68 million also surpassed expectations. The company posted an 83.48% return on equity and a 30.35% net margin.
• Analyst sentiment remains positive but mixed, with a consensus “Moderate Buy” rating and an average price target of $146.50. Insiders sold 86,928 shares worth $13.5 million over the past three months, while CFO and SVP sales were made under pre-arranged Rule 10b5-1 plans.

California State Teachers Retirement System lifted its position in Sezzle Inc. (NASDAQ:SEZL - Free Report) by 65.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,262 shares of the company's stock after purchasing an additional 11,145 shares during the quarter. California State Teachers Retirement System owned 0.08% of Sezzle worth $1,789,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada raised its holdings in shares of Sezzle by 429.0% during the 1st quarter. Royal Bank of Canada now owns 132,361 shares of the company's stock valued at $4,618,000 after buying an additional 107,340 shares in the last quarter. AQR Capital Management LLC lifted its position in Sezzle by 3,973.6% in the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company's stock worth $1,208,000 after buying an additional 33,776 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sezzle by 2,241.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company's stock worth $1,078,000 after buying an additional 29,586 shares in the last quarter. Millennium Management LLC boosted its stake in Sezzle by 321.7% in the first quarter. Millennium Management LLC now owns 115,525 shares of the company's stock worth $4,031,000 after buying an additional 88,127 shares in the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in Sezzle by 1,068.2% in the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company's stock worth $5,913,000 after buying an additional 154,978 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Lee Dickson Brading sold 10,000 shares of the company's stock in a transaction 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 completion of the sale, the chief financial officer directly owned 296,931 shares in the company, valued at $52,922,012.13. This represents a 3.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Justin Krause sold 3,178 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $117.72, for a total transaction of $374,114.16. Following the sale, the senior vice president directly owned 72,457 shares of the company's stock, valued at $8,529,638.04. The trade was a 4.20% 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 sold 86,928 shares of company stock valued at $13,510,889 in the last three months. Corporate insiders own 49.49% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on SEZL. B. Riley Financial reissued a "buy" rating on shares of Sezzle in a research note on Friday, August 7th. Keefe, Bruyette & Woods cut 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 note on Friday, August 7th. 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 research report on Monday, June 29th. Finally, Needham & Company LLC boosted their price target on shares of Sezzle from $166.00 to $172.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. One 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. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $146.50.

Sezzle Price Performance

SEZL opened at $125.44 on Thursday. The company has a debt-to-equity ratio of 0.52, a current ratio of 4.02 and a quick ratio of 3.65. The stock's 50 day simple moving average is $157.51 and its 200 day simple moving average is $105.77. The firm has a market cap of $4.22 billion, a price-to-earnings ratio of 27.27 and a beta of 6.76. 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 announced its quarterly earnings data on Thursday, August 6th. The company reported $1.13 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.10. The firm had revenue of $149.68 million during the quarter, compared to the consensus estimate 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. As a group, 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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