Sezzle Inc. (NASDAQ:SEZL) Given Average Rating of "Moderate Buy" by Brokerages

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six brokerages that are currently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $113.75.

Several research firms have issued reports on SEZL. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sezzle in a research note on Wednesday. B. Riley boosted their price objective on shares of Sezzle from $101.00 to $111.00 and gave the stock a "buy" rating in a research note on Monday, August 11th. Oppenheimer boosted their price objective on shares of Sezzle from $168.00 to $202.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 2nd. Wall Street Zen downgraded shares of Sezzle from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th. Finally, Cowen started coverage on shares of Sezzle in a research note on Thursday, September 11th. They issued a "hold" rating for the company.

Sezzle Price Performance

SEZL opened at $81.69 on Friday. 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 has a 52-week low of $24.86 and a 52-week high of $186.74. The company has a 50 day moving average of $94.29 and a two-hundred day moving average of $98.20. The company has a market cap of $2.78 billion, a P/E ratio of 27.99 and a beta of 8.70.

Sezzle (NASDAQ:SEZL - Get Free Report) last released its quarterly earnings data on Tuesday, November 19th. The company reported $0.21 earnings per share (EPS) for the quarter. Sezzle had a net margin of 28.13% and a return on equity of 102.90%. The company had revenue of $40.84 million during the quarter. On average, analysts expect that Sezzle will post 9.77 earnings per share for the current year.

Insider Buying and Selling at Sezzle

In other news, Director Paul Paradis sold 3,000 shares of the company's stock in a transaction on Tuesday, August 19th. The shares were sold at an average price of $91.62, for a total value of $274,860.00. Following the completion of the transaction, the director directly owned 242,000 shares in the company, valued at approximately $22,172,040. This represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Karen Hartje sold 5,484 shares of the company's stock in a transaction 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. This trade represents a 4.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 17,484 shares of company stock valued at $1,853,220 over the last 90 days. Insiders own 49.49% of the company's stock.

Institutional Trading of Sezzle

Several institutional investors have recently added to or reduced their stakes in SEZL. Vanguard Group Inc. raised its holdings in Sezzle by 497.6% in the first quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company's stock valued at $35,368,000 after acquiring an additional 844,084 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in shares of Sezzle during the second quarter worth $71,770,000. Driehaus Capital Management LLC raised its holdings in shares of Sezzle by 497.8% during the first quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company's stock worth $11,419,000 after purchasing an additional 272,530 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Sezzle by 1,068.2% during the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company's stock worth $5,913,000 after purchasing an additional 154,978 shares during the period. Finally, Acadian Asset Management LLC raised its holdings in shares of Sezzle by 719.1% during the first quarter. Acadian Asset Management LLC now owns 173,310 shares of the company's stock worth $6,040,000 after purchasing an additional 152,152 shares during the period. 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.

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