Sezzle Inc. (NASDAQ:SEZL) Shares Sold by EAM Investors LLC

EAM Investors LLC trimmed its position in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) by 53.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 13,987 shares of the company's stock after selling 16,032 shares during the quarter. EAM Investors LLC owned approximately 0.25% of Sezzle worth $3,578,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of SEZL. Plato Investment Management Ltd acquired a new stake in shares of Sezzle in the 4th quarter worth $30,000. Meeder Asset Management Inc. purchased a new stake in shares of Sezzle during the fourth quarter worth $31,000. Federated Hermes Inc. raised its position in Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock valued at $38,000 after purchasing an additional 143 shares in the last quarter. Modus Advisors LLC purchased a new position in shares of Sezzle in the 4th quarter valued at about $80,000. Finally, Principal Securities Inc. purchased a new position in Sezzle in the fourth quarter worth approximately $84,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Sezzle Stock Down 15.3 %

SEZL stock traded down $6.86 during midday trading on Monday, reaching $37.94. 454,787 shares of the company were exchanged, compared to its average volume of 735,588. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. The stock's 50-day simple moving average is $41.71 and its 200 day simple moving average is $44.52. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 4.04 and a beta of 8.73. Sezzle Inc. has a 1-year low of $6.73 and a 1-year high of $79.59.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.73 earnings per share for the quarter, beating analysts' consensus estimates of $0.51 by $0.22. The company had revenue of $271.13 billion during the quarter, compared to analysts' expectations of $73.90 million. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. On average, equities analysts forecast that Sezzle Inc. will post 9.77 earnings per share for the current year.

Sezzle declared that its board has initiated a share buyback plan on Monday, March 10th that authorizes the company to repurchase $50.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 4.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

Separately, B. Riley reaffirmed a "buy" rating and set a $62.83 price objective (up from $62.00) on shares of Sezzle in a research report on Wednesday, February 26th.

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.