Sezzle Inc. (NASDAQ:SEZL) SVP Sells $267,000.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the stock in a transaction on Tuesday, September 24th. The shares were sold at an average price of $178.00, for a total value of $267,000.00. Following the sale, the senior vice president now directly owns 16,533 shares in the company, valued at approximately $2,942,874. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Thursday, September 19th, Justin Krause sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $158.00, for a total value of $237,000.00.
• 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 NASDAQ SEZL opened at $172.93 on Friday. Sezzle Inc. has a twelve month low of $7.15 and a twelve month high of $185.18. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $968.41 million and a price-to-earnings ratio of 75.85. The business has a 50 day simple moving average of $122.21 and a 200-day simple moving average of $89.88.

Sezzle (NASDAQ:SEZL) last released 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. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. As a group, equities research analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SEZL. Vanguard Group Inc. acquired a new position in Sezzle during the 1st quarter valued at approximately $13,369,000. Bank of New York Mellon Corp acquired a new position in Sezzle during the 2nd quarter valued at approximately $611,000. XTX Topco Ltd acquired a new position in Sezzle during the 2nd quarter valued at approximately $544,000. Divisadero Street Capital Management LP acquired a new position in Sezzle during the 2nd quarter valued at approximately $356,000. Finally, Rhumbline Advisers acquired a new position in Sezzle during the 2nd quarter valued at approximately $203,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analyst Upgrades and Downgrades

SEZL has been the topic of several research analyst reports. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. B. Riley lifted their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Finally, Northland Securities restated an “outperform” rating and set a $185.00 price objective (up from $150.00) on shares of Sezzle in a report on Monday, September 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.