Insider Selling: Sezzle (NASDAQ:SEZL) CFO Sells 5,484 Shares of Stock

Key Points

• Sezzle Inc. CFO Karen Hartje sold 5,484 shares of the company's stock for approximately $466,140, resulting in a 4.51% decrease in her ownership.
• Shares of Sezzle recently traded at $81.52, having experienced a decline with a fifty-two week range between $24.86 and $186.74.
• Analyst ratings for Sezzle are mixed, with some firms issuing "hold" ratings and one raising its price target to $202.00, indicating a Moderate Buy consensus.

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) CFO Karen Hartje sold 5,484 shares of the business's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $85.00, for a total transaction of $466,140.00. Following the completion of the transaction, the chief financial officer owned 116,053 shares of the company's stock, valued at $9,864,505. The trade was a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Sezzle Price Performance

Shares of NASDAQ:SEZL traded down $1.18 during midday trading on Wednesday, hitting $81.52. The stock had a trading volume of 493,494 shares, compared to its average volume of 1,023,965. The company's 50-day moving average price is $97.14 and its 200-day moving average price is $98.04. The company has a market capitalization of $2.77 billion, a P/E ratio of 27.93 and a beta of 8.70. The company has a quick ratio of 3.51, a current ratio of 3.51 and a debt-to-equity ratio of 1.00. Sezzle Inc. has a fifty-two week low of $24.86 and a fifty-two week high of $186.74.

Sezzle (NASDAQ:SEZL - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.11. The business had revenue of $60.31 million during the quarter, compared to analysts' expectations of $93.33 million. Sezzle had a net margin of 28.13% and a return on equity of 102.90%. As a group, equities research analysts predict that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently issued reports on SEZL. TD Cowen began coverage on shares of Sezzle in a research report on Thursday, September 11th. They set a "hold" rating and a $82.00 price objective for the company. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sezzle in a research report on Wednesday. Wall Street Zen cut shares of Sezzle from a "buy" rating to a "hold" rating in a research report on Saturday, August 16th. B. Riley upped their price objective on shares of Sezzle from $101.00 to $111.00 and gave the stock a "buy" rating in a research report on Monday, August 11th. Finally, Oppenheimer upped their price target on shares of Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $113.75.

Institutional Investors Weigh In On Sezzle

A number of institutional investors have recently modified their holdings of the company. Corient Private Wealth LLC bought a new stake in shares of Sezzle in the 2nd quarter valued at $391,000. Orion Porfolio Solutions LLC bought a new stake in shares of Sezzle in the 2nd quarter valued at $325,000. FORA Capital LLC bought a new stake in shares of Sezzle in the 2nd quarter valued at $2,673,000. Vident Advisory LLC boosted its stake in Sezzle by 2.7% during the second quarter. Vident Advisory LLC now owns 22,422 shares of the company's stock worth $4,019,000 after acquiring an additional 594 shares in the last quarter. Finally, Oxford Asset Management LLP bought a new position in Sezzle during the second quarter worth $358,000. 2.02% of the stock is owned by institutional investors.

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.

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