IMC Chicago LLC Makes New Investment in Sezzle Inc. $SEZL

IMC Chicago LLC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,798 shares of the company’s stock, valued at approximately $1,575,000. IMC Chicago LLC owned approximately 0.06% of Sezzle as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in Sezzle by 1.6% during the 2nd quarter. Geode Capital Management LLC now owns 439,799 shares of the company’s stock worth $78,842,000 after purchasing an additional 7,067 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in shares of Sezzle during the second quarter worth about $71,770,000. State Street Corp boosted its position in shares of Sezzle by 5.9% during the second quarter. State Street Corp now owns 355,242 shares of the company’s stock worth $63,677,000 after buying an additional 19,706 shares during the period. First Trust Advisors LP grew its holdings in shares of Sezzle by 300.6% during the second quarter. First Trust Advisors LP now owns 188,189 shares of the company’s stock worth $33,733,000 after buying an additional 141,209 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock valued at $5,913,000 after buying an additional 154,978 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.

Sezzle Price Performance

Sezzle stock opened at $67.72 on Friday. The company has a market capitalization of $2.31 billion, a price-to-earnings ratio of 20.96 and a beta of 8.70. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76. Sezzle Inc. has a 12 month low of $24.86 and a 12 month high of $186.74. The stock’s 50 day moving average is $68.86 and its 200-day moving average is $80.46.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.06. The business had revenue of $116.80 million during the quarter, compared to the consensus estimate of $104.70 million. Sezzle had a return on equity of 90.06% and a net margin of 27.66%.The firm’s revenue for the quarter was up 67.0% compared to the same quarter last year. Equities research analysts expect that Sezzle Inc. will post 9.77 EPS for the current year.

Insider Buying and Selling

In other news, Director Kyle M. Brehm bought 1,217 shares of the company’s stock in a transaction dated Wednesday, November 12th. The stock was bought at an average cost of $57.50 per share, for a total transaction of $69,977.50. Following the transaction, the director owned 24,129 shares of the company’s stock, valued at $1,387,417.50. This represents a 5.31% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 49.49% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

SEZL has been the subject of a number of recent research reports. Wall Street Zen downgraded Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. TD Cowen reduced their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating for the company in a report on Thursday, January 8th. UBS Group set a $110.00 price target on shares of Sezzle in a research note on Thursday, November 6th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $126.25.

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.