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.
View Our Latest Research Report on Sezzle
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.
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
(
Get 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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