Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje Sells 3,457 Shares

Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje sold 3,457 shares of Sezzle stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the sale, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at $11,109,474.72. This represents a 8.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Sezzle Stock Performance

Shares of SEZL stock opened at $229.76 on Wednesday. The company’s 50 day moving average is $319.35 and its 200 day moving average is $208.70. 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 has a market cap of $1.29 billion, a price-to-earnings ratio of 24.44 and a beta of 9.72. Sezzle Inc. has a 52-week low of $30.41 and a 52-week high of $477.52.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Thursday, November 7th. The company reported $2.92 EPS for the quarter, topping the consensus estimate of $0.89 by $2.03. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. The firm had revenue of $69.96 million during the quarter, compared to analyst estimates of $52.64 million. During the same period in the previous year, the company posted $0.23 EPS. On average, sell-side analysts anticipate that Sezzle Inc. will post 9.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Northland Securities lifted their target price on Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a research report on Thursday, December 19th. B. Riley reaffirmed a “buy” rating and issued a $372.00 price objective (up from $353.00) on shares of Sezzle in a research note on Thursday, December 19th.

Institutional Trading of Sezzle

Hedge funds have recently modified their holdings of the company. Covestor Ltd purchased a new position in shares of Sezzle in the 3rd quarter worth approximately $38,000. Modus Advisors LLC acquired a new stake in Sezzle in the fourth quarter valued at approximately $80,000. SG Americas Securities LLC purchased a new position in Sezzle in the third quarter worth $165,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sezzle during the third quarter worth $188,000. Finally, Rhumbline Advisers purchased a new stake in shares of Sezzle during the 2nd quarter valued at $203,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Sezzle Company Profile

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.