Focus Financial Network Inc. Buys New Shares in Sezzle Inc. $SEZL

Key Points

• Focus Financial Network acquired 14,528 Sezzle shares in the second quarter, valued at approximately $2.49 million. Institutional investors collectively own 2.02% of the company.
• Sezzle exceeded quarterly expectations, reporting $1.13 in earnings per share versus the $1.03 consensus estimate and revenue of $149.68 million versus $135.09 million expected.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $146.50, although insiders have sold 86,928 shares worth $13.51 million over the past 90 days.

Focus Financial Network Inc. bought a new stake in Sezzle Inc. (NASDAQ:SEZL - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 14,528 shares of the company's stock, valued at approximately $2,493,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vestcor Inc acquired a new position in shares of Sezzle in the third quarter valued at about $29,000. Covestor Ltd raised 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 purchasing an additional 256 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of Sezzle during the fourth quarter worth about $33,000. Versant Capital Management Inc lifted 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 worth $44,000 after purchasing an additional 182 shares during the period. Finally, Strengthening Families & Communities LLC purchased a new stake in Sezzle in the fourth quarter valued at approximately $49,000. Hedge funds and other institutional investors own 2.02% of the company's stock.

Insider Activity

In other news, SVP Justin Krause sold 3,178 shares of Sezzle stock in a transaction that occurred 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 completion of the transaction, 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. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 on 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 transaction, the chief operating officer owned 259,780 shares of the company's stock, valued at approximately $46,737,019.80. This represents 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 86,928 shares of company stock worth $13,510,889 over the last 90 days. Company insiders own 49.49% of the company's stock.

Sezzle Stock Down 0.0%

Shares of SEZL opened at $118.00 on Tuesday. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 25.65 and a beta of 6.76. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $195.71. The stock's 50-day moving average price is $157.07 and its 200-day moving average price is $104.93. The company has a quick ratio of 3.65, a current ratio of 4.02 and a debt-to-equity ratio of 0.52.

Sezzle (NASDAQ:SEZL - Get Free Report) last announced its quarterly earnings results 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. Sezzle had a return on equity of 83.48% and a net margin of 30.35%.The company had revenue of $149.68 million during the quarter, compared to analysts' expectations of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. On average, sell-side analysts predict that Sezzle Inc. will post 5.22 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Needham & Company LLC increased their price target on shares of Sezzle from $166.00 to $172.00 and gave the stock a "buy" rating in a report on Friday. Northland Securities set a $170.00 price objective on shares of Sezzle in a research note on Thursday, June 25th. Freedom Capital raised shares of Sezzle to a "hold" rating in a report on Wednesday, June 24th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sezzle in a research note on Tuesday, August 4th. Finally, Oppenheimer cut shares of Sezzle from an "outperform" rating to a "market perform" rating in a report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $146.50.

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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