Sezzle Inc. (NASDAQ:SEZL) COO Sells $220,650.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $147.10, for a total transaction of $220,650.00. Following the completion of the transaction, the chief operating officer now directly owns 51,748 shares of the company’s stock, valued at $7,612,130.80. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Sezzle Price Performance

Shares of SEZL opened at $150.31 on Monday. The firm has a market capitalization of $841.74 million and a price-to-earnings ratio of 65.93. The stock’s fifty day moving average is $108.69 and its 200-day moving average is $83.50. Sezzle Inc. has a one year low of $7.15 and a one year high of $154.77. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07.

Sezzle (NASDAQ:SEZL) last released its earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, beating the consensus estimate of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The firm had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Equities analysts anticipate that Sezzle Inc. will post 6.71 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SEZL. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Northland Securities reissued an “outperform” rating and set a $150.00 target price (up from $119.00) on shares of Sezzle in a research note on Thursday, August 29th. Finally, B. Riley lifted their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a report on Friday, August 23rd.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SEZL. Rhumbline Advisers acquired a new stake in Sezzle in the 2nd quarter valued at about $203,000. Divisadero Street Capital Management LP bought a new stake in shares of Sezzle in the 2nd quarter worth approximately $356,000. XTX Topco Ltd acquired a new stake in Sezzle during the second quarter valued at approximately $544,000. Bank of New York Mellon Corp acquired a new stake in Sezzle during the second quarter valued at approximately $611,000. Finally, Vanguard Group Inc. bought a new stake in Sezzle during the first quarter worth approximately $13,369,000. 2.02% of the stock is owned by institutional investors and hedge funds.

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.