Sezzle (NASDAQ:SEZL) Trading Up 8.4% – What’s Next?

Sezzle Inc. (NASDAQ:SEZL) shares shot up 8.4% on Thursday . The stock traded as high as $56.38 and last traded at $56.52. 225,917 shares traded hands during mid-day trading, a decline of 78% from the average session volume of 1,007,306 shares. The stock had previously closed at $52.14.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on SEZL. Wall Street Zen upgraded Sezzle from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. B. Riley lifted their price target on Sezzle from $101.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 11th. Cowen initiated coverage on shares of Sezzle in a report on Thursday, September 11th. They set a “hold” rating on the stock. UBS Group set a $110.00 target price on shares of Sezzle in a report on Thursday, November 6th. Finally, TD Cowen began coverage on shares of Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 price target on the stock. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, Sezzle presently has an average rating of “Moderate Buy” and a consensus price target of $113.00.

Sezzle Stock Up 1.7%

The company has a debt-to-equity ratio of 0.76, a current ratio of 3.52 and a quick ratio of 3.52. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 16.41 and a beta of 8.63. The firm’s fifty day moving average is $74.56 and its 200-day moving average is $104.25.

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

Insider Activity at Sezzle

In related news, Director Kyle M. Brehm acquired 1,217 shares of Sezzle stock in a transaction that occurred on Wednesday, November 12th. The stock was acquired at an average price of $57.50 per share, for a total transaction of $69,977.50. Following the transaction, the director directly owned 24,129 shares of the company’s stock, valued at $1,387,417.50. This trade represents a 5.31% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Karen Hartje sold 5,484 shares of the company’s stock in a transaction on Monday, October 6th. The stock was sold at an average price of $85.00, for a total value of $466,140.00. Following the transaction, the chief financial officer owned 116,053 shares of the company’s stock, valued at approximately $9,864,505. The trade was a 4.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 49.49% of the company’s stock.

Institutional Trading of Sezzle

A number of institutional investors have recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Sezzle during the second quarter worth approximately $29,000. Spire Wealth Management acquired a new stake in shares of Sezzle in the second quarter valued at $32,000. Farther Finance Advisors LLC bought a new stake in Sezzle in the second quarter worth about $33,000. Sound Income Strategies LLC bought a new stake in Sezzle in the second quarter worth about $40,000. Finally, Nisa Investment Advisors LLC raised its holdings in shares of Sezzle by 351.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 298 shares of the company’s stock worth $53,000 after purchasing an additional 232 shares in the last quarter. 2.02% of the stock is owned by institutional investors and hedge funds.

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.