Schwarz Dygos Wheeler Investment Advisors LLC cut its position in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) by 77.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 900 shares of the company's stock after selling 3,100 shares during the period. Schwarz Dygos Wheeler Investment Advisors LLC's holdings in Sezzle were worth $230,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Plato Investment Management Ltd acquired a new stake in Sezzle in the 4th quarter valued at $30,000. Covestor Ltd acquired a new stake in Sezzle in the 3rd quarter valued at $38,000. Modus Advisors LLC acquired a new stake in Sezzle in the 4th quarter valued at $80,000. Principal Securities Inc. acquired a new stake in Sezzle in the 4th quarter valued at $84,000. Finally, Arizona State Retirement System acquired a new position in Sezzle in the fourth quarter worth $207,000. Institutional investors and hedge funds own 2.02% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have commented on SEZL. B. Riley reissued a "buy" rating and issued a $377.00 price objective (up previously from $372.00) on shares of Sezzle in a research note on Wednesday, February 26th. Northland Securities boosted their price objective on Sezzle from $300.00 to $360.00 and gave the stock an "outperform" rating in a research note on Thursday, December 19th.
Check Out Our Latest Analysis on SEZL
Sezzle Trading Down 8.5 %
Shares of SEZL traded down $20.10 during trading hours on Thursday, hitting $217.24. 101,458 shares of the stock traded hands, compared to its average volume of 165,339. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54. Sezzle Inc. has a 1-year low of $40.39 and a 1-year high of $477.52. The firm has a market capitalization of $1.23 billion, a PE ratio of 23.11 and a beta of 9.09. The business has a fifty day moving average of $261.43 and a 200-day moving average of $251.56.
Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $1.31. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. The business had revenue of $271.13 billion for the quarter, compared to analyst estimates of $73.90 million. Analysts expect that Sezzle Inc. will post 9.77 EPS for the current year.
Sezzle announced that its board has approved a share repurchase plan on Monday, March 10th that authorizes the company to repurchase $50.00 million in shares. This repurchase authorization authorizes the company to buy up to 4.3% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its stock is undervalued.
Insider Activity
In other news, CFO Karen Hartje sold 3,457 shares of the company's stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the transaction, the chief financial officer now owns 35,121 shares of the company's stock, valued at $11,109,474.72. This represents a 8.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 57.65% of the stock is currently owned by insiders.
Sezzle Profile
(
Free Report)
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.
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