Sezzle (NASDAQ:SEZL) Receives New Coverage from Analysts at Northland Securities

Stock analysts at Northland Securities began coverage on shares of Sezzle (NASDAQ:SEZL) in a report released on Tuesday, MarketBeat reports. The brokerage set an “outperform” rating and a $119.00 price target on the stock. Northland Securities’ price target would indicate a potential upside of 45.16% from the stock’s current price.

Separately, B. Riley started coverage on Sezzle in a report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 target price on the stock.

Sezzle Stock Performance

Shares of Sezzle stock opened at $81.98 on Tuesday. The business has a 50-day simple moving average of $76.94 and a 200-day simple moving average of $58.17. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. Sezzle has a one year low of $7.15 and a one year high of $100.00. The company has a market cap of $464.83 million and a PE ratio of 35.96.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The company had revenue of $46.98 million during the quarter. On average, equities research analysts forecast that Sezzle will post 4.89 EPS for the current fiscal year.

Insider Buying and Selling at Sezzle

In other news, Director Paul Paradis sold 1,645 shares of the business’s stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $67.85, for a total transaction of $111,613.25. Following the completion of the sale, the director now owns 212,136 shares in the company, valued at approximately $14,393,427.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Sezzle news, SVP Justin Krause sold 2,000 shares of the firm’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $80.04, for a total transaction of $160,080.00. Following the transaction, the senior vice president now directly owns 14,658 shares of the company’s stock, valued at approximately $1,173,226.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Paradis sold 1,645 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $67.85, for a total transaction of $111,613.25. Following the completion of the sale, the director now directly owns 212,136 shares of the company’s stock, valued at $14,393,427.60. The disclosure for this sale can be found here. Insiders have sold 72,077 shares of company stock worth $6,117,618 over the last three months. Insiders own 57.65% of the company’s stock.

Hedge Funds Weigh In On Sezzle

An institutional investor recently bought a new position in Sezzle stock. Vanguard Group Inc. acquired a new stake in Sezzle Inc. (NASDAQ:SEZL) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned 2.79% of Sezzle as of its most recent SEC filing. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.