Insider Selling: Sezzle Inc. (NASDAQ:SEZL) COO Sells $308,355.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $205.57, for a total transaction of $308,355.00. Following the sale, the chief operating officer now directly owns 46,860 shares in the company, valued at $9,633,010.20. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Monday, October 14th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The stock was sold at an average price of $187.00, for a total transaction of $280,500.00.
• 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 transaction of $220,650.00.

Sezzle Stock Performance

SEZL opened at $225.42 on Monday. The firm’s fifty day simple moving average is $151.53 and its two-hundred day simple moving average is $102.25. Sezzle Inc. has a 52-week low of $7.15 and a 52-week high of $232.02. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 98.87 and a beta of 8.93. 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 (NASDAQ:SEZL) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The firm had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. Equities analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Institutional Trading of Sezzle

A number of institutional investors have recently made changes to their positions in SEZL. Vanguard Group Inc. acquired a new position in Sezzle in the 1st quarter valued at $13,369,000. Bank of New York Mellon Corp purchased a new stake in shares of Sezzle during the second quarter worth $611,000. Rhumbline Advisers purchased a new stake in shares of Sezzle during the second quarter worth $203,000. XTX Topco Ltd acquired a new stake in shares of Sezzle in the second quarter valued at about $544,000. Finally, Divisadero Street Capital Management LP purchased a new position in shares of Sezzle in the second quarter worth about $356,000. 2.02% of the stock is owned by institutional investors and hedge funds.

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.