Sezzle (NASDAQ:SEZL) Stock Price Up 8.2% – Should You Buy?

Sezzle Inc. (NASDAQ:SEZL)’s stock price rose 8.2% during trading on Tuesday . The stock traded as high as $240.19 and last traded at $240.19. Approximately 16,239 shares changed hands during trading, a decline of 86% from the average daily volume of 115,183 shares. The stock had previously closed at $221.94.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. B. Riley reaffirmed a “buy” rating and issued a $372.00 target price (up previously from $353.00) on shares of Sezzle in a research report on Thursday, December 19th. Northland Securities upped their price objective on Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th.

Sezzle Stock Performance

The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. The company has a market capitalization of $1.32 billion, a P/E ratio of 25.00 and a beta of 9.72. The stock’s fifty day moving average price is $326.36 and its 200-day moving average price is $203.35.

Insider Activity

In related news, Director Paul Martin Purcell sold 1,280 shares of the business’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $376.26, for a total value of $481,612.80. Following the completion of the transaction, the director now owns 81,496 shares of the company’s stock, valued at $30,663,684.96. The trade was a 1.55 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul Paradis sold 4,026 shares of the stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $400.00, for a total transaction of $1,610,400.00. Following the sale, the director now owns 68,846 shares in the company, valued at $27,538,400. The trade was a 5.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,207 shares of company stock valued at $3,518,562 over the last three months. Insiders own 57.65% of the company’s stock.

Institutional Investors Weigh In On Sezzle

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd acquired a new position in shares of Sezzle during the 3rd quarter worth $38,000. Modus Advisors LLC bought a new position in shares of Sezzle in the fourth quarter worth about $80,000. SG Americas Securities LLC acquired a new stake in shares of Sezzle in the 3rd quarter valued at approximately $165,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Sezzle during the 3rd quarter valued at approximately $188,000. Finally, Rhumbline Advisers acquired a new position in Sezzle during the 2nd quarter worth approximately $203,000. 2.02% of the stock is currently owned by institutional investors.

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.