Sezzle (NASDAQ:SEZL) Shares Gap Up - Time to Buy?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $286.65, but opened at $294.55. Sezzle shares last traded at $269.16, with a volume of 51,071 shares trading hands.

Analyst Ratings Changes

A number of brokerages recently weighed in on SEZL. Northland Securities lifted their price objective on shares of Sezzle from $300.00 to $360.00 and gave the company an "outperform" rating in a research note on Thursday, December 19th. B. Riley restated a "buy" rating and set a $377.00 price objective (up from $372.00) on shares of Sezzle in a research note on Wednesday.

Sezzle Trading Down 6.6 %

The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. The firm's 50-day simple moving average is $264.16 and its 200 day simple moving average is $243.15. The stock has a market capitalization of $1.60 billion, a P/E ratio of 30.44 and a beta of 9.58.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 EPS for the quarter, topping the consensus estimate of $3.08 by $1.31. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. The firm had revenue of $271.13 billion for the quarter, compared to analysts' expectations of $73.90 million. Equities research analysts anticipate that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

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Insiders Place Their Bets

In related news, Director Kyle M. Brehm acquired 110 shares of the business's stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $360.00 per share, for a total transaction of $39,600.00. Following the acquisition, the director now owns 3,718 shares in the company, valued at approximately $1,338,480. This represents a 3.05 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Karen Hartje sold 3,457 shares of the business's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $316.32, for a total value of $1,093,518.24. Following the sale, the chief financial officer now owns 35,121 shares in the company, valued at approximately $11,109,474.72. The trade was a 8.96 % decrease in their position. The disclosure for this sale can be found here. 57.65% of the stock is owned by company insiders.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. Plato Investment Management Ltd acquired a new stake in Sezzle during the 4th quarter worth about $30,000. Meeder Asset Management Inc. acquired a new stake in Sezzle during the 4th quarter worth about $31,000. Covestor Ltd acquired a new stake in Sezzle during the 3rd quarter worth about $38,000. Federated Hermes Inc. raised its holdings in Sezzle by 3,575.0% during the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock worth $38,000 after buying an additional 143 shares during the period. Finally, Modus Advisors LLC acquired a new stake in Sezzle during the 4th quarter worth about $80,000. 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.