Tudor Investment Corp ET AL Has $2.38 Million Position in Sezzle Inc. (NASDAQ:SEZL)

Tudor Investment Corp ET AL lifted its position in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) by 131.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,301 shares of the company's stock after purchasing an additional 5,285 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.17% of Sezzle worth $2,379,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SEZL. Vanguard Group Inc. lifted its stake in Sezzle by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 169,614 shares of the company's stock worth $43,387,000 after purchasing an additional 3,853 shares during the period. Marshall Wace LLP lifted its position in shares of Sezzle by 792.3% during the 4th quarter. Marshall Wace LLP now owns 79,983 shares of the company's stock worth $20,460,000 after buying an additional 71,019 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Sezzle by 1.6% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 20,697 shares of the company's stock valued at $5,294,000 after buying an additional 334 shares in the last quarter. Boothbay Fund Management LLC grew its position in Sezzle by 220.5% in the fourth quarter. Boothbay Fund Management LLC now owns 17,000 shares of the company's stock valued at $4,349,000 after acquiring an additional 11,696 shares during the period. Finally, Portolan Capital Management LLC acquired a new position in Sezzle during the fourth quarter worth $3,368,000. 2.02% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, B. Riley restated a "buy" rating and issued a $62.83 target price (up previously from $62.00) on shares of Sezzle in a research note on Wednesday, February 26th.

Sezzle Price Performance

SEZL traded down $2.29 during midday trading on Wednesday, hitting $52.90. The company had a trading volume of 1,341,059 shares, compared to its average volume of 742,898. Sezzle Inc. has a twelve month low of $6.73 and a twelve month high of $79.59. The company has a market capitalization of $1.80 billion, a PE ratio of 5.63 and a beta of 8.41. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. The firm's 50-day simple moving average is $40.98 and its 200-day simple moving average is $45.98.

Sezzle (NASDAQ:SEZL - Get Free Report) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.22. The firm had revenue of $271.13 billion during the quarter, compared to analysts' expectations of $73.90 million. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. Equities research analysts predict that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Sezzle announced that its Board of Directors has approved a share buyback program on Monday, March 10th that permits the company to repurchase $50.00 million in shares. This repurchase authorization permits the company to repurchase up to 4.3% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

Sezzle Profile

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.