6,171 Shares in Sezzle Inc. (NASDAQ:SEZL) Bought by XTX Topco Ltd

XTX Topco Ltd bought a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,171 shares of the company’s stock, valued at approximately $544,000. XTX Topco Ltd owned approximately 0.11% of Sezzle at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Rhumbline Advisers acquired a new position in shares of Sezzle during the 2nd quarter valued at about $203,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter valued at approximately $611,000. Finally, Vanguard Group Inc. bought a new stake in shares of Sezzle during the 1st quarter worth $13,369,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Sezzle Stock Performance

SEZL opened at $164.01 on Tuesday. The stock’s 50 day simple moving average is $116.97 and its 200-day simple moving average is $87.85. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. The stock has a market cap of $928.13 million and a PE ratio of 71.93. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $167.94.

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

Analysts Set New Price Targets

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

Insider Buying and Selling

In other Sezzle news, SVP Justin Krause sold 1,500 shares of the stock in a transaction on Thursday, September 19th. The stock was 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 in the company, valued at $2,612,214. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Paul Martin Purcell sold 23,737 shares of the stock in a transaction on Thursday, June 27th. The stock was sold at an average price of $86.31, for a total transaction of $2,048,740.47. Following the sale, the director now owns 414,873 shares in the company, valued at $35,807,688.63. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Justin Krause sold 1,500 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president now owns 16,533 shares of the company’s stock, valued at approximately $2,612,214. The disclosure for this sale can be found here. Insiders sold 197,151 shares of company stock worth $23,289,761 in the last 90 days. 57.65% of the stock is owned by company insiders.

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.