Sezzle Inc. (NASDAQ:SEZL) COO Sells $280,500.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction on Monday, October 14th. The shares were sold at an average price of $187.00, for a total value of $280,500.00. Following the completion of the transaction, the chief operating officer now owns 48,360 shares in the company, valued at $9,043,320. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Amin Sabzivand also recently made the following trade(s):

• On Thursday, September 12th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $147.10, for a total value of $220,650.00.

Sezzle Stock Up 7.7 %

Sezzle stock opened at $218.79 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The business’s 50-day simple moving average is $149.35 and its two-hundred day simple moving average is $100.72. The company has a market cap of $1.22 billion, a PE ratio of 31.21 and a beta of 8.93. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $220.00.

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 business had revenue of $55.97 million for the quarter, compared to the consensus estimate 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 EPS for the current year.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SEZL. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. B. Riley boosted their target price on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Finally, Northland Securities restated an “outperform” rating and set a $185.00 target price (up from $150.00) on shares of Sezzle in a research note on Monday, September 23rd.

Institutional Trading of Sezzle

Several large investors have recently added to or reduced their stakes in the company. OmniStar Financial Group Inc. purchased a new stake in Sezzle during the 3rd quarter valued at about $354,000. Creative Planning acquired a new position in shares of Sezzle in the 3rd quarter valued at about $383,000. SG Americas Securities LLC acquired a new position in shares of Sezzle in the 3rd quarter valued at about $165,000. Divisadero Street Capital Management LP acquired a new position in shares of Sezzle in the 2nd quarter valued at about $356,000. Finally, XTX Topco Ltd acquired a new position in shares of Sezzle in the 2nd quarter valued at about $544,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.