9,471 Shares in Sezzle Inc. (NASDAQ:SEZL) Purchased by Calamos Advisors LLC

Calamos Advisors LLC purchased a new position in Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 9,471 shares of the company’s stock, valued at approximately $2,423,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. State Street Corp boosted its position in shares of Sezzle by 3.5% in the third quarter. State Street Corp now owns 49,362 shares of the company’s stock worth $8,421,000 after acquiring an additional 1,683 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Sezzle by 191.7% in 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 last quarter. Navellier & Associates Inc. purchased a new stake in shares of Sezzle during the 3rd quarter valued at $1,217,000. Barclays PLC increased its holdings in shares of Sezzle by 125.4% during the 3rd quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after buying an additional 2,512 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Sezzle by 295.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,979 shares of the company’s stock worth $679,000 after buying an additional 2,974 shares during the period. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on SEZL shares. Northland Securities increased their target price on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. B. Riley reissued a “buy” rating and issued a $372.00 price objective (up previously from $353.00) on shares of Sezzle in a research report on Thursday, December 19th.

Sezzle Price Performance

Shares of NASDAQ SEZL opened at $240.97 on Wednesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. Sezzle Inc. has a 1-year low of $37.61 and a 1-year high of $477.52. The company has a market capitalization of $1.35 billion, a price-to-earnings ratio of 25.64 and a beta of 9.58. The business has a 50-day moving average of $284.09 and a 200-day moving average of $218.96.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Thursday, November 7th. The company reported $2.92 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $2.03. The firm had revenue of $69.96 million during the quarter, compared to analysts’ expectations of $52.64 million. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. During the same quarter in the prior year, the business earned $0.23 EPS. On average, equities analysts anticipate that Sezzle Inc. will post 9.85 EPS for the current fiscal year.

Insider Activity at Sezzle

In other Sezzle news, Director Kyle M. Brehm acquired 106 shares of the company’s stock in a transaction on Wednesday, November 20th. The shares were bought at an average cost of $402.00 per share, for a total transaction of $42,612.00. Following the acquisition, the director now directly owns 3,608 shares of the company’s stock, valued at $1,450,416. This trade represents a 3.03 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul Paradis sold 4,026 shares of the stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the transaction, the director now owns 68,846 shares of the company’s stock, valued at approximately $27,538,400. This trade represents a 5.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 11,164 shares of company stock valued at $4,303,725. Corporate insiders own 57.65% of the company’s stock.

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.