Sezzle (NASDAQ:SEZL) Shares Up 6.4% – Should You Buy?

Sezzle Inc. (NASDAQ:SEZL)’s share price rose 6.4% during trading on Monday . The company traded as high as $166.57 and last traded at $165.29. Approximately 37,346 shares traded hands during trading, a decline of 55% from the average daily volume of 83,800 shares. The stock had previously closed at $155.35.

Analysts Set New Price Targets

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

Sezzle Price Performance

The stock has a market capitalization of $874.94 million, a price-to-earnings ratio of 68.53 and a beta of 8.93. The company has a 50-day moving average of $134.82 and a 200-day moving average of $95.95. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07.

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. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million for 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 fiscal year.

Insider Transactions at Sezzle

In related news, COO Amin Sabzivand sold 1,500 shares of the company’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 transaction of $220,650.00. Following the transaction, the chief operating officer now owns 51,748 shares of the company’s stock, valued at approximately $7,612,130.80. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, Director Paul Martin Purcell sold 7,824 shares of the firm’s stock in a transaction on Wednesday, October 2nd. The shares were sold at an average price of $164.86, for a total value of $1,289,864.64. Following the transaction, the director now owns 82,776 shares of the company’s stock, valued at approximately $13,646,451.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $147.10, for a total transaction of $220,650.00. Following the sale, the chief operating officer now directly owns 51,748 shares of the company’s stock, valued at approximately $7,612,130.80. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 173,901 shares of company stock worth $22,994,972 over the last ninety days. 57.65% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Sezzle

Institutional investors and hedge funds have recently modified their holdings of the stock. SG Americas Securities LLC purchased a new stake in shares of Sezzle during the 3rd quarter valued at about $165,000. Rhumbline Advisers acquired a new position in Sezzle in the second quarter worth about $203,000. Divisadero Street Capital Management LP bought a new stake in shares of Sezzle in the 2nd quarter valued at approximately $356,000. XTX Topco Ltd bought a new stake in Sezzle during the second quarter valued at $544,000. Finally, Bank of New York Mellon Corp acquired a new stake in Sezzle during the second quarter worth about $611,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.