Integrated Quantitative Investments LLC Takes Position in Sezzle Inc. (NASDAQ:SEZL)

Integrated Quantitative Investments LLC acquired a new position in Sezzle Inc. (NASDAQ:SEZL) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,311 shares of the company’s stock, valued at approximately $847,000. Integrated Quantitative Investments LLC owned about 0.06% of Sezzle at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cinctive Capital Management LP bought a new stake in Sezzle during the fourth quarter valued at about $811,000. Bryce Point Capital LLC bought a new stake in Sezzle during the 4th quarter valued at approximately $727,000. Trexquant Investment LP bought a new stake in Sezzle during the 4th quarter valued at approximately $1,180,000. Franklin Resources Inc. acquired a new stake in Sezzle in the 4th quarter valued at approximately $369,000. Finally, Alliancebernstein L.P. increased its position in Sezzle by 6.7% in the 4th quarter. Alliancebernstein L.P. now owns 2,700 shares of the company’s stock worth $691,000 after buying an additional 170 shares during the period. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Sezzle

In other Sezzle news, CFO Karen Hartje sold 20,742 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $52.72, for a total value of $1,093,518.24. Following the completion of the transaction, the chief financial officer now directly owns 210,726 shares of the company’s stock, valued at approximately $11,109,474.72. The trade was a 8.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 57.65% of the company’s stock.

Sezzle Price Performance

Sezzle stock opened at $32.34 on Friday. The business has a 50 day simple moving average of $42.54 and a 200 day simple moving average of $43.48. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. The company has a market capitalization of $1.09 billion, a PE ratio of 3.44 and a beta of 8.70. Sezzle Inc. has a one year low of $6.73 and a one year high of $79.59.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.22. The company had revenue of $271.13 billion during the quarter, compared to analysts’ expectations of $73.90 million. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. On average, sell-side analysts forecast that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Sezzle declared that its board has authorized a stock repurchase program on Monday, March 10th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SEZL. Northland Securities raised their target price on Sezzle from $50.00 to $60.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th. B. Riley reissued a “buy” rating and issued a $62.83 target price (up previously from $62.00) on shares of Sezzle in a research note on Wednesday, February 26th.

Sezzle 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.