Sezzle (NASDAQ:SEZL) Director Kyle Brehm Acquires 1,217 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Kyle Brehm bought 1,217 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was purchased at an average cost of $57.50 per share, with a total value of $69,977.50. Following the completion of the transaction, the director owned 24,129 shares in the company, valued at approximately $1,387,417.50. This trade represents a 5.31% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Sezzle Stock Performance

NASDAQ SEZL traded down $0.58 on Friday, reaching $52.14. The stock had a trading volume of 950,212 shares, compared to its average volume of 991,102. The stock has a market cap of $1.78 billion, a P/E ratio of 16.13 and a beta of 8.63. Sezzle Inc. has a 12-month low of $24.86 and a 12-month high of $186.74. The business’s 50-day moving average price is $76.86 and its 200 day moving average price is $103.92. The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.52 and a current ratio of 3.52.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Tuesday, November 19th. The company reported $0.21 earnings per share (EPS) for the quarter. Sezzle had a net margin of 27.66% and a return on equity of 90.06%. The business had revenue of $40.84 million for the quarter. As a group, equities analysts expect that Sezzle Inc. will post 9.77 earnings per share for the current year.

Hedge Funds Weigh In On Sezzle

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its holdings in shares of Sezzle by 4.8% in the 3rd quarter. Vanguard Group Inc. now owns 1,016,768 shares of the company’s stock valued at $80,864,000 after buying an additional 46,760 shares during the period. Geode Capital Management LLC lifted its holdings in Sezzle by 1.6% in the second quarter. Geode Capital Management LLC now owns 439,799 shares of the company’s stock valued at $78,842,000 after acquiring an additional 7,067 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Sezzle during the 2nd quarter worth $71,770,000. State Street Corp grew its stake in shares of Sezzle by 5.9% during the 2nd quarter. State Street Corp now owns 355,242 shares of the company’s stock worth $63,677,000 after purchasing an additional 19,706 shares during the period. Finally, Driehaus Capital Management LLC increased its holdings in shares of Sezzle by 497.8% in the 1st quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company’s stock valued at $11,419,000 after purchasing an additional 272,530 shares in the last quarter. 2.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on SEZL. Weiss Ratings restated a “hold (c+)” rating on shares of Sezzle in a research note on Wednesday, October 8th. B. Riley boosted their price target on Sezzle from $101.00 to $111.00 and gave the company a “buy” rating in a research report on Monday, August 11th. Cowen began coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating for the company. UBS Group set a $110.00 target price on Sezzle in a research note on Thursday, November 6th. Finally, TD Cowen began coverage on Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $113.00.

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.