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

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the business’s stock in a transaction on Tuesday, September 24th. The stock was sold at an average price of $178.00, for a total value of $267,000.00. Following the transaction, the senior vice president now owns 16,533 shares of the company’s stock, valued at approximately $2,942,874. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Thursday, September 19th, Justin Krause sold 1,500 shares of Sezzle stock. The stock was 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 stock was 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 Stock Down 2.2 %

Shares of Sezzle stock opened at $172.93 on Friday. The stock’s fifty day moving average is $122.21 and its 200-day moving average is $89.88. The firm has a market capitalization of $968.41 million and a PE ratio of 75.85. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $185.18.

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

Wall Street Analyst Weigh In

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Rhumbline Advisers acquired a new position in Sezzle during the second quarter valued at $203,000. Divisadero Street Capital Management LP acquired a new position in Sezzle during the second quarter valued at $356,000. XTX Topco Ltd acquired a new position in Sezzle during the second quarter valued at $544,000. Bank of New York Mellon Corp acquired a new position in Sezzle during the second quarter valued at $611,000. Finally, Vanguard Group Inc. acquired a new position in Sezzle during the first quarter valued at $13,369,000. 2.02% of the stock is owned by institutional investors and hedge funds.

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.