Insider Selling: Sezzle Inc. (NASDAQ:SEZL) SVP Sells 1,500 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the firm’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $158.00, for a total transaction of $237,000.00. Following the sale, the senior vice president now owns 16,533 shares in the company, valued at approximately $2,612,214. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Justin Krause also recently made the following trade(s):

• On Thursday, August 29th, Justin Krause sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $138.00, for a total value of $207,000.00.
• On Tuesday, July 9th, Justin Krause sold 1,619 shares of Sezzle stock. The stock was sold at an average price of $98.00, for a total value of $158,662.00.

Sezzle Price Performance

Shares of SEZL stock opened at $176.97 on Wednesday. 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 $1.00 billion and a P/E ratio of 77.62. The business’s 50 day moving average price is $118.69 and its 200-day moving average price is $88.67. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $179.99.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. The business had revenue of $55.97 million for the quarter, compared to the consensus estimate of $43.35 million. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. On average, equities research analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current year.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. Rhumbline Advisers bought a new position in shares of Sezzle in the 2nd quarter worth approximately $203,000. Divisadero Street Capital Management LP bought a new position in Sezzle in the second quarter worth $356,000. XTX Topco Ltd purchased a new position in Sezzle during the second quarter valued at $544,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle during the 2nd quarter valued at $611,000. Finally, Vanguard Group Inc. purchased a new stake in shares of Sezzle in the 1st quarter worth about $13,369,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SEZL has been the topic of several research reports. Northland Securities reissued an “outperform” rating and set a $185.00 price target (up from $150.00) on shares of Sezzle in a research note on Monday. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, B. Riley increased 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.

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.