Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand Sells 1,500 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $187.00, for a total transaction of $280,500.00. Following the transaction, the chief operating officer now owns 48,360 shares in the company, valued at approximately $9,043,320. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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 transaction of $220,650.00.

Sezzle Stock Up 6.9 %

NASDAQ SEZL opened at $200.71 on Wednesday. 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 firm has a 50-day simple moving average of $144.62 and a 200 day simple moving average of $99.16. Sezzle Inc. has a twelve month low of $7.15 and a twelve month high of $202.15. The stock has a market cap of $1.12 billion, a PE ratio of 28.63 and a beta of 8.93.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $43.35 million. On average, research analysts forecast that Sezzle Inc. will post 6.71 EPS for the current year.

Analyst Upgrades and Downgrades

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Creative Planning acquired a new position in Sezzle in the third quarter worth about $383,000. SG Americas Securities LLC acquired a new stake in shares of Sezzle during the third quarter worth approximately $165,000. Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle during the second quarter worth approximately $356,000. XTX Topco Ltd acquired a new stake in shares of Sezzle during the second quarter worth approximately $544,000. Finally, Rhumbline Advisers acquired a new stake in shares of Sezzle during the second quarter worth approximately $203,000. Institutional investors and hedge funds 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.