Sezzle Inc.'s general counsel, Rajeev Khurana, acquired 129.45 shares of the company's common stock for $14,999 on August 20, according to regulatory filings.
The purchase was executed at $115.875 per share through a brokerage account, with the total value rounded to $14,999. Khurana's direct holdings in Sezzle now total 3,629.45 shares. The stock was trading at $117.93 at the time of the transaction, though third-party analysis via InvestingPro assessed the shares as overvalued relative to their fair value.
The transaction follows Sezzle's strong Q2 2026 financial performance, which reported a 51.7% year-over-year revenue increase to $149.7 million. Net income reached $40.8 million, while adjusted EBITDA rose to $58 million. Earnings per share came in at $1.13. The company also raised its full-year profit guidance.
Sezzle's stock has gained 88% over the past six months and holds a perfect Piotroski Score of 9, indicating robust financial health. TD Cowen upgraded the company's rating from Hold to Buy following a post-earnings pullback, citing elevated expectations after the stock's sharp rally.
The firm's WebBank partnership has expanded to include new installment loan products, SezzleCash and Sezzle Send, with WebBank initially retaining up to $30 million in loans and the potential to increase this to $150 million.
