The Manufacturers Life Insurance Company Invests $1.49 Million in Sezzle Inc. $SEZL

The Manufacturers Life Insurance Company acquired a new position in Sezzle Inc. (NASDAQ:SEZL - Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 8,670 shares of the company's stock, valued at approximately $1,488,000.

Several other large investors have also recently added to or reduced their stakes in SEZL. BlackRock Inc. bought a new stake in Sezzle during the 2nd quarter valued at $436,497,000. Accredited Investors Inc. bought a new position in shares of Sezzle in the fourth quarter worth $57,955,000. Man Group plc acquired a new position in shares of Sezzle during the third quarter valued at $25,005,000. Price T Rowe Associates Inc. MD increased its holdings in shares of Sezzle by 213.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 378,185 shares of the company's stock valued at $24,004,000 after purchasing an additional 257,659 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Sezzle by 296.1% during the first quarter. Bank of America Corp DE now owns 326,063 shares of the company's stock valued at $20,637,000 after purchasing an additional 243,747 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on SEZL shares. B. Riley Financial reaffirmed a "buy" rating on shares of Sezzle in a report on Friday, August 7th. Weiss Ratings reissued a "hold (c+)" rating on shares of Sezzle in a research note on Tuesday, August 4th. TD Cowen upgraded shares of Sezzle from a "hold" rating to a "buy" rating and set a $165.00 price target on the stock in a research report on Monday, August 10th. Northland Securities set a $170.00 price target on shares of Sezzle in a research note on Thursday, June 25th. Finally, Zacks Research upgraded shares of Sezzle from a "hold" rating to a "strong-buy" rating in a report on Wednesday, May 27th. One 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's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $146.50.

Insider Buying and Selling at Sezzle

In related news, Director Paul Paradis sold 26,400 shares of the business's stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $133.47, for a total value of $3,523,608.00. Following the sale, the director directly owned 442,595 shares in the company, valued at $59,073,154.65. The trade was a 5.63% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Kyle M. Brehm sold 1,000 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total transaction of $125,920.00. Following the sale, the director directly owned 23,853 shares of the company's stock, valued at approximately $3,003,569.76. This represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 84,750 shares of company stock worth $13,262,695. Company insiders own 49.49% of the company's stock.

Sezzle Stock Up 1.2%

SEZL opened at $122.96 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 4.02 and a current ratio of 4.02. The company has a market capitalization of $4.14 billion, a PE ratio of 26.73 and a beta of 6.66. The stock's fifty day moving average is $151.35 and its 200-day moving average is $112.12. Sezzle Inc. has a one year low of $49.50 and a one year high of $195.71.

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 the consensus estimate of $1.03 by $0.10. The business had revenue of $149.68 million during the quarter, compared to analysts' expectations 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. On average, equities analysts predict that Sezzle Inc. will post 5.24 EPS for the current fiscal year.

Sezzle Company 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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