Sezzle (NASDAQ:SEZL) Shares Up 7.7% – What’s Next?

Shares of Sezzle Inc. (NASDAQ:SEZL) were up 7.7% during mid-day trading on Thursday . The stock traded as high as $206.50 and last traded at $204.81. Approximately 22,604 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 84,414 shares. The stock had previously closed at $190.17.

Analyst Upgrades and Downgrades

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

Sezzle Price Performance

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 stock has a 50-day moving average price of $155.73 and a 200 day moving average price of $104.64. The stock has a market capitalization of $1.13 billion, a price-to-earnings ratio of 29.46 and a beta of 8.93.

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

Insider Buying and Selling

In other news, COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $147.10, for a total value of $220,650.00. Following the sale, the chief operating officer now owns 51,748 shares in the company, valued at $7,612,130.80. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Sezzle news, Director Paul Paradis sold 1,645 shares of the business’s stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $75.03, for a total transaction of $123,424.35. Following the completion of the sale, the director now directly owns 187,917 shares in the company, valued at approximately $14,099,412.51. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $147.10, for a total value of $220,650.00. Following the completion of the transaction, the chief operating officer now owns 51,748 shares in the company, valued at approximately $7,612,130.80. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 170,342 shares of company stock valued at $23,020,311. 57.65% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of Sezzle during the third quarter worth $165,000. OmniStar Financial Group Inc. purchased a new stake in Sezzle during the 3rd quarter valued at about $354,000. Creative Planning acquired a new stake in Sezzle in the 3rd quarter valued at about $383,000. Rhumbline Advisers acquired a new stake in Sezzle in the 2nd quarter valued at about $203,000. Finally, Divisadero Street Capital Management LP acquired a new position in shares of Sezzle during the 2nd quarter worth approximately $356,000. 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.