Campbell Newman Asset Management 13F: New $1.6M Stake in SEZL

Campbell Newman Asset Management bought 14,870 shares of Sezzle Inc. SEZL, establishing a new position valued at $1,606,555. The holding was revealed in a Form 13F filed with the Securities and Exchange Commission on October 22, 2026.

SEZL Sezzle Inc.

$139.30 ▲ +113.81% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Campbell Newman Asset Management's Sezzle Position

The firm opened a brand-new position in the payments provider during the period, picking up 14,870 shares with a total reported value of just over $1.6 million. Because this is a newly initiated stake, there is no prior share count or percentage change to report.

Other Institutional Activity in Sezzle

Other large investors adjusted their holdings in Sezzle around the same time. Divisadero Street Capital Management, LP grew its holdings by 337,881 shares, ending with 1,649,531 shares worth about $229,779,673. Accredited Investors Inc. reduced its stake by 79,175 shares to hold 807,442 shares valued at $112,476,673. Meanwhile, Driehaus Capital Management, LLC doubled its position by adding 238,013 shares, bringing its total to 476,026 shares worth roughly $66,310,423.

Sezzle Inc. Stock Up 7.1%

Sezzle shares recently traded around $139.39 as of October 23, 2026, roughly equal to the closing price of $139.30 recorded on the filing date. The stock trades about 16.7% above its 50-day moving average of $119.45 and roughly 30.7% above its 200-day moving average of $106.63. Over the past year, the shares have traded as low as $49.50 and as high as $195.71.

Recent Earnings

Sezzle operates as a technology-enabled payments company. The business posted trailing twelve-month revenue of $531.89 million and earnings of $4.56 per share. The company reports a return on equity of 88.9% alongside a net margin of 30.3% and year-over-year revenue growth of 51.7%. The next earnings release is scheduled for November 4, 2026.

Insider Buying and Selling at Sezzle Inc.

Insiders completed several transactions in recent months, including sales by President Paul Paradis and Director Kyle M. Brehm, alongside purchases by General Counsel Rajeev Khurana and Director Bryan Cecil Hunt.

Analysts Set New Price Targets

Analyst firms covering Sezzle include Keefe, Bruyette & Woods, Needham, and TD Cowen, which maintain buy or market-perform ratings with price targets ranging from $155.00 to $172.00.

About Sezzle

Sezzle Inc. provides digital payment solutions in the United States and Canada, specializing in installment payment services for shoppers and merchants. Institutional interest continues to focus on how the company scales its financial technology platform.

Bottom Line

Investors will look toward Sezzle's next financial results on November 4, 2026, for further insight into revenue trends and earnings growth. Future regulatory filings will show whether institutional buyers like Campbell Newman maintain or expand their holdings.