Sezzle (NASDAQ:SEZL) Sets New 1-Year High - Should You Buy?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $189.34 and last traded at $189.34, with a volume of 42535 shares. The stock had previously closed at $179.75.

Analysts Set New Price Targets

SEZL has been the topic of several recent research 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 target price (up from $150.00) on shares of Sezzle in a report on Monday, September 23rd. Finally, B. Riley lifted their target price on Sezzle from $132.00 to $163.00 and gave the stock a "buy" rating in a report on Friday, August 23rd.

Sezzle Trading Up 4.5 %

The company has a fifty day simple moving average of $142.17 and a two-hundred day simple moving average of $98.35. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $1.05 billion, a P/E ratio of 26.79 and a beta of 8.93.

Sezzle (NASDAQ:SEZL - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The firm had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. On average, sell-side analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current year.

Insider Buying and Selling at Sezzle

In other Sezzle news, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction dated Friday, July 19th. The stock was sold at an average price of $84.94, for a total value of $139,726.30. Following the sale, the director now owns 191,207 shares of the company's stock, valued at $16,241,122.58. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction dated Thursday, September 12th. The stock was 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 of the company's stock, valued at approximately $7,612,130.80. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction dated Friday, July 19th. The shares were sold at an average price of $84.94, for a total value of $139,726.30. Following the completion of the sale, the director now directly owns 191,207 shares in the company, valued at approximately $16,241,122.58. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 171,517 shares of company stock valued at $22,791,570 in the last 90 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 modified their holdings of SEZL. Vanguard Group Inc. acquired a new stake in shares of Sezzle in the first quarter valued at about $13,369,000. Bank of New York Mellon Corp acquired a new position in Sezzle during the second quarter worth approximately $611,000. Rhumbline Advisers acquired a new position in Sezzle during the second quarter worth approximately $203,000. XTX Topco Ltd acquired a new position in Sezzle during the second quarter worth approximately $544,000. Finally, Divisadero Street Capital Management LP acquired a new position in Sezzle during the second quarter worth approximately $356,000. Institutional investors and hedge funds 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.