6 days Ago By Defense World Staff
Legal & General Group Plc grew its stake in Sezzle Inc. ( NASDAQ:SEZL – Free Report ) by 1,001.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The firm owned 2,731 shares of the company’s stock after purchasing an additional 2,483 shares during the quarter. Legal & General Group Plc’s holdings in Sezzle were worth $699,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also made changes to their positions in SEZL.
Federated Hermes Inc. lifted its stake in Sezzle by 3,575.0% in the fourth quarter.
Federated Hermes Inc. now owns 147 shares of the company’s stock valued at $38,000 after buying an additional 143 shares during the period. Russell Investments Group Ltd.
raised its position in shares of Sezzle by 1,733.1% in the 4th quarter. Russell Investments Group Ltd.
now owns 12,447 shares of the company’s stock valued at $3,184,000 after acquiring an additional 11,768 shares during the period. Integrated Quantitative Investments LLC bought a new position in Sezzle during the 4th quarter worth approximately $847,000. Cinctive Capital Management LP acquired a new position in Sezzle during the fourth quarter valued at approximately $811,000.
Finally, Bryce Point Capital LLC bought a new stake in Sezzle in the fourth quarter valued at approximately $727,000. 2.02% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades Separately, B. Riley reissued a “buy” rating and set a $62.83 price target (up from $62.
00) on shares of Sezzle in a research report on Wednesday, February 26th. Sezzle Trading Up 3.3 % NASDAQ:SEZL opened at $49.
55 on Tuesday. The business’s 50-day simple moving average is $40.40 and its 200-day simple moving average is $45.
26. Sezzle Inc. has a fifty-two week low of $6.
73 and a fifty-two week high of $79.59. The company has a debt-to-equity ratio of 1.
54, a current ratio of 2.40 and a quick ratio of 2.40.
The stock has a market capitalization of $1.68 billion, a PE ratio of 5.27 and a beta of 8.
73. Sezzle ( NASDAQ:SEZL – Get Free Report ) last released its quarterly earnings results on Tuesday, February 25th. The company reported $0.
73 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.22.
Sezzle had a net margin of 25.29% and a return on equity of 101.18%.
The company had revenue of $271.13 billion during the quarter, compared to analysts’ expectations of $73.90 million.
Sell-side analysts expect that Sezzle Inc. will post 9.77 earnings per share for the current fiscal year.
Sezzle declared that its board has initiated a share buyback program on Monday, March 10th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the company to repurchase up to 4.
3% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued. Sezzle Profile ( Free Report ) 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. Read More Five stocks we like better than Sezzle How to Invest in the Best Canadian Stocks Best Defense Stocks in 2025.
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com to get the latest 13F filings and insider trades for Sezzle Inc. ( NASDAQ:SEZL – Free Report ). Receive News & Ratings for Sezzle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sezzle and related companies with MarketBeat.
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