Sezzle (NASDAQ:SEZL) Stock Jumps 13.3% – Time to Buy?

Sezzle Inc. (NASDAQ:SEZL)’s share price rose 13.3% during mid-day trading on Wednesday. The stock traded as high as $136.30 and last traded at $138.6850. Approximately 406,882 shares were traded during mid-day trading, a decline of 40% from the average session volume of 681,018 shares. The stock had previously closed at $122.43.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. B. Riley Financial reiterated a “buy” rating on shares of Sezzle in a report on Friday, August 7th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a report on Monday. Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a report on Sunday. Keefe, Bruyette & Woods decreased their price objective on shares of Sezzle from $190.00 to $155.00 and set a “market perform” rating on the stock in a research report on Friday, August 7th. Finally, TD Cowen lowered their price objective on shares of Sezzle from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Sezzle currently has an average rating of “Moderate Buy” and a consensus price target of $145.67.

Sezzle Price Performance

The company has a quick ratio of 4.02, a current ratio of 4.02 and a debt-to-equity ratio of 0.52. The firm’s 50-day moving average is $121.03 and its 200-day moving average is $109.02. The company has a market cap of $4.63 billion, a PE ratio of 29.62 and a beta of 6.59.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.10. Sezzle had a net margin of 30.35% and a return on equity of 83.48%. The company had revenue of $149.68 million during the quarter, compared to the consensus estimate of $135.09 million. Sezzle has set its FY 2026 guidance at 5.250-5.250 EPS. On average, equities analysts anticipate that Sezzle Inc. will post 5.24 EPS for the current year.

Insider Buying and Selling

In other news, Director Bryan Hunt bought 250 shares of the stock in a transaction dated Friday, September 18th. The stock was bought at an average price of $115.86 per share, for a total transaction of $28,965.00. Following the purchase, the director directly owned 3,985 shares in the company, valued at $461,702.10. This trade represents a 6.69% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kyle M. Brehm sold 1,000 shares of Sezzle stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $125.92, for a total value of $125,920.00. Following the sale, the director owned 23,853 shares in the company, valued at $3,003,569.76. This represents a 4.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 43.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sezzle

A number of institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its holdings in shares of Sezzle by 10.2% during the 1st quarter. Royal Bank of Canada now owns 112,957 shares of the company’s stock valued at $7,148,000 after buying an additional 10,486 shares in the last quarter. California State Teachers Retirement System grew its position in shares of Sezzle by 65.1% in the 1st quarter. California State Teachers Retirement System now owns 28,262 shares of the company’s stock worth $1,789,000 after buying an additional 11,145 shares during the period. Bank of America Corp DE increased its stake in shares of Sezzle by 296.1% in the 1st quarter. Bank of America Corp DE now owns 326,063 shares of the company’s stock worth $20,637,000 after acquiring an additional 243,747 shares in the last quarter. Quantinno Capital Management LP bought a new position in shares of Sezzle in the 1st quarter worth about $1,089,000. Finally, Cetera Investment Advisers lifted its position in Sezzle by 134.4% during the 1st quarter. Cetera Investment Advisers now owns 32,452 shares of the company’s stock valued at $2,054,000 after acquiring an additional 18,609 shares during the period. Institutional investors own 2.02% of the company’s stock.

Sezzle Company Profile

Sezzle Inc (NASDAQ: SEZL) is a financial technology company that provides buy now, pay later solutions. Its platform enables consumers to split eligible purchases into installments, generally at the time of checkout, while giving merchants payment and customer-engagement tools designed to support e-commerce sales.

The company offers installment payment services through its consumer app and merchant integrations, as well as products such as Sezzle Virtual Card and Sezzle Up. Sezzle Up is designed to provide eligible users with credit-building opportunities, while the company’s merchant platform supports checkout integration, transaction management and consumer financing.

Sezzle was founded in 2016 and is headquartered in Minneapolis, Minnesota.