Sezzle (NASDAQ:SEZL) Trading 7.1% Higher

Sezzle Inc. (NASDAQ:SEZL) shares traded up 7.1% during trading on Tuesday . The stock traded as high as $175.69 and last traded at $175.69. 45,684 shares were traded during mid-day trading, a decline of 45% from the average session volume of 83,802 shares. The stock had previously closed at $164.01.

Analyst Ratings Changes

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

Sezzle Stock Up 8.8 %

The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a 50 day moving average price of $116.97 and a 200 day moving average price of $87.85. The company has a market cap of $1.01 billion and a P/E ratio of 76.45.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping 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 return on equity of 84.38% and a net margin of 21.77%. Research analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $75.03, for a total transaction of $123,424.35. Following the transaction, the director now owns 187,917 shares in the company, valued at $14,099,412.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, Director Paul Paradis sold 1,645 shares of Sezzle stock in a transaction on Friday, August 2nd. The stock was sold at an average price of $75.03, for a total transaction of $123,424.35. Following the completion of the sale, the director now owns 187,917 shares of the company’s stock, valued at $14,099,412.51. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Paul Martin Purcell sold 4,000 shares of Sezzle stock in a transaction on Monday, July 1st. The shares were sold at an average price of $89.19, for a total value of $356,760.00. Following the sale, the director now directly owns 396,173 shares of the company’s stock, valued at approximately $35,334,669.87. The disclosure for this sale can be found here. Insiders have sold 198,951 shares of company stock worth $23,587,391 in the last three months. 57.65% of the stock is currently owned by insiders.

Institutional Trading of Sezzle

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

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.