Sezzle Inc. (NASDAQ:SEZL) Stake Lessened by Schwarz Dygos Wheeler Investment Advisors LLC

Schwarz Dygos Wheeler Investment Advisors LLC decreased its position in shares of Sezzle Inc. (NASDAQ:SEZL) by 77.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 900 shares of the company’s stock after selling 3,100 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC’s holdings in Sezzle were worth $230,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SEZL. Charles Schwab Investment Management Inc. increased its position in shares of Sezzle by 191.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock valued at $3,474,000 after purchasing an additional 13,383 shares during the period. JPMorgan Chase & Co. grew its holdings in Sezzle by 295.9% during the third quarter. JPMorgan Chase & Co. now owns 3,979 shares of the company’s stock worth $679,000 after acquiring an additional 2,974 shares during the period. Barclays PLC raised its position in Sezzle by 125.4% in the third quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after acquiring an additional 2,512 shares in the last quarter. Virtu Financial LLC bought a new stake in Sezzle in the third quarter worth about $276,000. Finally, Principal Financial Group Inc. acquired a new stake in Sezzle in the 3rd quarter valued at about $548,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Northland Securities lifted their price objective on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. B. Riley restated a “buy” rating and issued a $377.00 price target (up previously from $372.00) on shares of Sezzle in a research report on Wednesday, February 26th.

Insider Activity at Sezzle

In related news, CFO Karen Hartje sold 3,457 shares of the company’s stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the transaction, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. The trade was a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 57.65% of the stock is owned by insiders.

Sezzle Trading Up 3.5 %

Shares of NASDAQ SEZL opened at $233.65 on Monday. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. Sezzle Inc. has a 12 month low of $40.39 and a 12 month high of $477.52. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 24.86 and a beta of 9.09. The business has a fifty day simple moving average of $263.53 and a 200-day simple moving average of $250.46.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings data on Tuesday, February 25th. The company reported $4.39 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $1.31. The company had revenue of $271.13 billion during the quarter, compared to analyst estimates of $73.90 million. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. Sell-side analysts predict that Sezzle Inc. will post 9.77 EPS for the current year.

About Sezzle

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.