Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause Sells 1,500 Shares

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the business’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $158.00, for a total transaction of $237,000.00. Following the completion of the transaction, the senior vice president now directly owns 16,533 shares of the company’s stock, valued at approximately $2,612,214. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Justin Krause also recently made the following trade(s):

• On Thursday, August 29th, Justin Krause sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $138.00, for a total transaction of $207,000.00.
• On Tuesday, July 9th, Justin Krause sold 1,619 shares of Sezzle stock. The shares were sold at an average price of $98.00, for a total transaction of $158,662.00.

Sezzle Stock Up 0.4 %

NASDAQ:SEZL traded up $0.61 on Monday, hitting $164.01. 70,797 shares of the company’s stock were exchanged, compared to its average volume of 84,010. The firm has a 50-day moving average price of $115.41 and a 200-day moving average price of $87.16. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $167.94. The company has a market cap of $928.13 million and a P/E ratio of 71.63.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $0.84 by $1.33. The company had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. As a group, analysts expect that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEZL. Vanguard Group Inc. acquired a new position in shares of Sezzle during the 1st quarter worth about $13,369,000. Bank of New York Mellon Corp acquired a new position in shares of Sezzle during the 2nd quarter worth about $611,000. XTX Topco Ltd acquired a new position in shares of Sezzle during the 2nd quarter worth about $544,000. Divisadero Street Capital Management LP acquired a new position in Sezzle in the 2nd quarter valued at about $356,000. Finally, Rhumbline Advisers acquired a new position in Sezzle in the 2nd quarter valued at about $203,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SEZL shares. Northland Securities reaffirmed an “outperform” rating and issued a $185.00 price objective (up from $150.00) on shares of Sezzle in a research report on Monday. Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, B. Riley boosted their price target on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.

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.