Cvfg LLC Purchases Shares of 43,230 Sezzle Inc. $SEZL

Key Points

• Cvfg LLC opened a new position in Sezzle during the first quarter, buying 43,230 shares valued at about $2.74 million. The stake represented about 0.13% of the company.
• Brokerage sentiment on Sezzle is mixed but constructive overall, with the stock holding an average rating of “Moderate Buy” and an average price target of $138.83. Recent calls included both upgrades and downgrades, including TD Cowen raising its target to $165.
• Sezzle insiders have been selling shares recently, including the CFO and COO on July 1, with insiders selling 124,282 shares over the last 90 days. Despite that, insiders still own about 49.49% of the company.

Cvfg LLC acquired a new position in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 43,230 shares of the company's stock, valued at approximately $2,736,000. Cvfg LLC owned 0.13% of Sezzle at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Vestcor Inc acquired a new stake in Sezzle in the 3rd quarter valued at about $29,000. Covestor Ltd increased its stake in shares of Sezzle by 109.4% during the fourth quarter. Covestor Ltd now owns 490 shares of the company's stock worth $31,000 after buying an additional 256 shares during the period. Empowered Funds LLC purchased a new stake in shares of Sezzle during the fourth quarter worth approximately $33,000. Strengthening Families & Communities LLC acquired a new stake in Sezzle in the fourth quarter valued at approximately $49,000. Finally, Sunbelt Securities Inc. purchased a new position in Sezzle in the third quarter worth approximately $52,000. 2.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages have commented on SEZL. Weiss Ratings raised shares of Sezzle from a "hold (c-)" rating to a "hold (c+)" rating in a research report on Thursday, May 7th. TD Cowen lifted their price objective on shares of Sezzle from $108.00 to $165.00 and gave the stock a "hold" rating in a research report on Tuesday. Oppenheimer downgraded shares of Sezzle from an "outperform" rating to a "market perform" rating in a research note on Monday, June 29th. B. Riley Financial restated a "buy" rating and issued a $141.00 price target (up from $117.00) on shares of Sezzle in a research note on Tuesday, June 2nd. Finally, Freedom Capital upgraded Sezzle to a "hold" rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Sezzle currently has an average rating of "Moderate Buy" and an average target price of $138.83.

Insider Activity at Sezzle

In other news, CFO Lee Dickson Brading sold 10,000 shares of Sezzle stock in a transaction dated 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 sale, the chief financial officer owned 296,931 shares in the company, valued at approximately $52,922,012.13. The trade was a 3.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $1,246,776.30. Following the completion of the sale, the chief operating officer directly 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 124,282 shares of company stock valued at $17,398,162 in the last ninety days. 49.49% of the stock is currently owned by insiders.

Sezzle Stock Performance

Shares of Sezzle stock opened at $177.63 on Wednesday. The firm has a market capitalization of $5.97 billion, a P/E ratio of 42.19 and a beta of 6.70. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $186.74. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73. The firm's 50 day moving average is $126.01 and its two-hundred day moving average is $89.09.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.19. Sezzle had a net margin of 30.83% and a return on equity of 87.46%. The business had revenue of $135.54 million during the quarter, compared to the consensus estimate of $127.74 million. During the same quarter in the previous year, the firm earned $0.98 EPS. The company's revenue was up 29.2% compared to the same quarter last year. Sezzle has set its FY 2026 guidance at 5.100-5.100 EPS. Research analysts forecast that Sezzle Inc. will post 5.09 EPS for the current fiscal year.

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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