Sezzle (NASDAQ:SEZL) Trading Up 5.5%

Sezzle Inc. (NASDAQ:SEZL) was up 5.5% on Wednesday . The company traded as high as $139.12 and last traded at $138.10. Approximately 82,960 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 83,646 shares. The stock had previously closed at $130.87.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. B. Riley upped their target price on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Northland Securities restated an “outperform” rating and issued a $150.00 price objective (up previously from $119.00) on shares of Sezzle in a research note on Thursday, August 29th. Finally, Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.

Sezzle Trading Up 2.7 %

The stock’s 50 day simple moving average is $100.72 and its two-hundred day simple moving average is $78.44. The stock has a market capitalization of $760.29 million and a PE ratio of 60.15. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping 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 company had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. On average, sell-side analysts expect that Sezzle Inc. will post 6.71 EPS for the current year.

Insider Buying and Selling at Sezzle

In related news, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $86.96, for a total value of $143,049.20. Following the completion of the sale, the director now owns 201,681 shares of the company’s stock, valued at approximately $17,538,179.76. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Sezzle news, SVP Justin Krause sold 2,000 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $80.04, for a total transaction of $160,080.00. Following the sale, the senior vice president now owns 14,658 shares of the company’s stock, valued at approximately $1,173,226.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Paul Paradis sold 1,645 shares of the firm’s stock in a transaction on Friday, June 7th. The stock was sold at an average price of $86.96, for a total value of $143,049.20. Following the completion of the transaction, the director now directly owns 201,681 shares of the company’s stock, valued at $17,538,179.76. The disclosure for this sale can be found here. Insiders have sold a total of 178,342 shares of company stock worth $19,458,504 over the last ninety days. 57.65% of the stock is currently owned by company insiders.

Institutional Trading of Sezzle

A number of hedge funds and other institutional investors have recently made changes to their positions in SEZL. Vanguard Group Inc. bought a new position in Sezzle in the 1st quarter worth about $13,369,000. Rhumbline Advisers purchased a new stake in shares of Sezzle in the second quarter worth about $203,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter valued at approximately $611,000. XTX Topco Ltd purchased a new position in Sezzle during the second quarter valued at approximately $544,000. Finally, Divisadero Street Capital Management LP purchased a new stake in Sezzle in the 2nd quarter worth approximately $356,000. 2.02% of the stock is currently owned by institutional investors.

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.