Sezzle (NASDAQ:SEZL) Trading 4.2% Higher – What’s Next?

Shares of Sezzle Inc. (NASDAQ:SEZL) traded up 4.2% during trading on Tuesday . The stock traded as high as $195.70 and last traded at $195.70. Approximately 15,919 shares were traded during mid-day trading, a decline of 81% from the average session volume of 83,439 shares. The stock had previously closed at $187.83.

Analysts Set New Price Targets

Several research firms recently weighed in on SEZL. Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Northland Securities reaffirmed an “outperform” rating and issued a $185.00 target price (up from $150.00) on shares of Sezzle in a report on Monday, September 23rd. Finally, B. Riley increased their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd.

Sezzle Trading Up 7.7 %

The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. The stock’s 50 day moving average is $147.11 and its 200-day moving average is $99.89. The company has a market cap of $1.24 billion, a PE ratio of 95.49 and a beta of 8.93.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The firm had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. As a group, sell-side analysts anticipate that Sezzle Inc. will post 6.71 EPS for the current year.

Insider Activity

In other news, Director Paul Martin Purcell sold 29,924 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The stock was sold at an average price of $121.61, for a total transaction of $3,639,057.64. Following the transaction, the director now owns 269,716 shares of the company’s stock, valued at approximately $32,800,162.76. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, Director Paul Martin Purcell sold 29,924 shares of Sezzle stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $121.61, for a total transaction of $3,639,057.64. Following the completion of the transaction, the director now directly owns 269,716 shares of the company’s stock, valued at approximately $32,800,162.76. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $147.10, for a total transaction of $220,650.00. Following the transaction, the chief operating officer now owns 51,748 shares in the company, valued at $7,612,130.80. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 172,417 shares of company stock valued at $23,016,852 in the last ninety days. Insiders own 57.65% of the company’s stock.

Institutional Investors Weigh In On Sezzle

A number of institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. bought a new stake in shares of Sezzle during the first quarter worth $13,369,000. Bank of New York Mellon Corp bought a new stake in Sezzle during the 2nd quarter valued at about $611,000. Rhumbline Advisers purchased a new stake in Sezzle in the 2nd quarter valued at about $203,000. XTX Topco Ltd bought a new position in Sezzle in the 2nd quarter worth about $544,000. Finally, Divisadero Street Capital Management LP purchased a new position in shares of Sezzle during the second quarter worth approximately $356,000. 2.02% of the stock is owned by institutional investors.

Sezzle Company 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.