Sezzle (NASDAQ:SEZL) Trading Up 4.2% – Still a Buy?

Sezzle Inc. (NASDAQ:SEZLGet Free Report) shares shot up 4.2% during trading on Tuesday . The company traded as high as $195.70 and last traded at $195.70. 15,919 shares changed hands during trading, a decline of 81% from the average session volume of 83,439 shares. The stock had previously closed at $187.83.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on SEZL. B. Riley boosted their price objective on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Northland Securities restated an “outperform” rating and issued a $185.00 price target (up previously from $150.00) on shares of Sezzle in a research report on Monday, September 23rd.

Check Out Our Latest Research Report on SEZL

Sezzle Price Performance

The company’s fifty day moving average is $142.17 and its two-hundred day moving average is $98.35. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market cap of $1.10 billion, a price-to-earnings ratio of 27.20 and a beta of 8.93.

Sezzle (NASDAQ:SEZLGet Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $0.84 by $1.33. The firm had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. Equities research analysts forecast that Sezzle Inc. will post 6.71 EPS for the current year.

Insider Buying and Selling at Sezzle

In other Sezzle news, Director Paul Martin Purcell sold 600 shares of the company’s stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $92.03, for a total value of $55,218.00. Following the transaction, the director now owns 353,781 shares of the company’s stock, valued at approximately $32,558,465.43. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Sezzle news, COO Amin Sabzivand sold 1,500 shares of the business’s stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $147.10, for a total transaction of $220,650.00. Following the completion of the transaction, the chief operating officer now owns 51,748 shares of the company’s stock, valued at $7,612,130.80. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Martin Purcell sold 600 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $92.03, for a total transaction of $55,218.00. Following the transaction, the director now directly owns 353,781 shares of the company’s stock, valued at $32,558,465.43. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 171,517 shares of company stock valued at $22,791,570 in the last quarter. Corporate insiders own 57.65% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SEZL. SG Americas Securities LLC bought a new stake in Sezzle during the 3rd quarter worth about $165,000. Rhumbline Advisers bought a new stake in Sezzle during the 2nd quarter worth approximately $203,000. Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle during the second quarter worth $356,000. Creative Planning acquired a new stake in shares of Sezzle in the 3rd quarter valued at about $383,000. Finally, XTX Topco Ltd bought a new stake in Sezzle in the 2nd quarter valued at approximately $544,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Sezzle Company Profile

(Get Free Report)

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.

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