B. Riley Raises Sezzle (NASDAQ:SEZL) Price Target to $111.00

Sezzle (NASDAQ:SEZL) had its target price increased by equities researchers at B. Riley from $101.00 to $111.00 in a research report issued on Monday,Benzinga reports. The firm presently has a “buy” rating on the stock. B. Riley’s price target would indicate a potential upside of 24.52% from the company’s current price. B. Riley also issued estimates for Sezzle’s FY2025 earnings at $3.27 EPS and FY2026 earnings at $4.81 EPS.

A number of other research firms have also weighed in on SEZL. Wall Street Zen lowered shares of Sezzle from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 22nd. Oppenheimer lifted their price objective on Sezzle from $168.00 to $202.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 2nd.

Sezzle Price Performance

NASDAQ SEZL opened at $89.14 on Monday. Sezzle has a fifty-two week low of $19.43 and a fifty-two week high of $186.74. The stock’s 50-day moving average is $144.33 and its two-hundred day moving average is $85.55. The firm has a market cap of $3.03 billion, a P/E ratio of 30.54 and a beta of 9.09. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.51 and a quick ratio of 2.62.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.11. Sezzle had a return on equity of 102.90% and a net margin of 28.13%. The business had revenue of $60.31 million for the quarter, compared to the consensus estimate of $93.33 million. On average, analysts anticipate that Sezzle will post 9.77 earnings per share for the current fiscal year.

Insider Activity at Sezzle

In related news, CFO Karen Hartje sold 5,484 shares of the business’s stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $168.02, for a total transaction of $921,421.68. Following the transaction, the chief financial officer directly owned 126,846 shares in the company, valued at $21,312,664.92. The trade was a 4.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Amin Sabzivand sold 6,028 shares of the firm’s stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $164.23, for a total value of $989,978.44. Following the completion of the sale, the chief operating officer owned 243,303 shares of the company’s stock, valued at $39,957,651.69. This represents a 2.42% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 77,696 shares of company stock worth $11,552,835. Company insiders own 49.49% of the company’s stock.

Institutional Investors Weigh In On Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. Vanguard Group Inc. lifted its holdings in shares of Sezzle by 497.6% during the 1st quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company’s stock worth $35,368,000 after acquiring an additional 844,084 shares during the period. Geode Capital Management LLC grew its position in Sezzle by 1.6% in the second quarter. Geode Capital Management LLC now owns 439,799 shares of the company’s stock valued at $78,842,000 after acquiring an additional 7,067 shares during the period. Driehaus Capital Management LLC raised its stake in Sezzle by 497.8% during the first quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company’s stock worth $11,419,000 after acquiring an additional 272,530 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Sezzle by 719.1% during the first quarter. Acadian Asset Management LLC now owns 173,310 shares of the company’s stock valued at $6,040,000 after acquiring an additional 152,152 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock valued at $5,913,000 after purchasing an additional 154,978 shares in the last quarter. Institutional investors own 2.02% of the company’s stock.

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.