Sezzle Inc. (NASDAQ:SEZL) SVP Sells $237,000.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $158.00, for a total transaction of $237,000.00. Following the completion of the transaction, the senior vice president now directly owns 16,533 shares of the company’s stock, valued at approximately $2,612,214. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Tuesday, September 24th, Justin Krause sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $178.00, for a total transaction of $267,000.00.
• 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 opened at $173.93 on Thursday. The business has a 50-day moving average of $118.69 and a 200-day moving average of $88.67. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. The company has a market capitalization of $974.01 million and a price-to-earnings ratio of 76.29. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $185.18.

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

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on SEZL shares. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Northland Securities restated an “outperform” rating and issued a $185.00 price target (up from $150.00) on shares of Sezzle in a research report on Monday. Finally, B. Riley lifted their price target on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd.

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.