Sezzle Inc. (NASDAQ:SEZL) Receives $113.75 Consensus Price Target from Analysts

Key Points

• Sezzle Inc. has been given a consensus rating of "Moderate Buy" by analysts, with two hold and three buy recommendations leading to an average 1-year price target of $113.75.
• Insider trading activity has been notable, with CFO Karen Hartje selling 5,484 shares and COO Amin Sabzivand selling 18,000 shares, together representing significant decreases in their positions.
• Institutional investors have increased their stake in Sezzle, with Vanguard Group raising its holdings by 497.6% in the recent quarter, indicating strong institutional interest in the company.

Shares of Sezzle Inc. (NASDAQ:SEZL - Get Free Report) have been given an average recommendation of "Moderate Buy" by the five research firms that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $113.75.

Several brokerages recently commented on SEZL. B. Riley boosted their price target on shares of Sezzle from $101.00 to $111.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Oppenheimer boosted their price target on shares of Sezzle from $168.00 to $202.00 and gave the stock an "outperform" rating in a report on Wednesday, July 2nd. TD Cowen began coverage on shares of Sezzle in a report on Thursday, September 11th. They issued a "hold" rating and a $82.00 price target for the company. Cowen began coverage on shares of Sezzle in a research note on Thursday, September 11th. They set a "hold" rating on the stock. Finally, Wall Street Zen cut shares of Sezzle from a "buy" rating to a "hold" rating in a research note on Saturday, August 16th.

Insiders Place Their Bets

In other Sezzle news, CFO Karen Hartje sold 5,484 shares of Sezzle stock in a transaction on Monday, July 7th. The shares were sold at an average price of $168.02, for a total transaction of $921,421.68. Following the sale, the chief financial officer owned 126,846 shares of the company's stock, valued at $21,312,664.92. The trade was a 4.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul Paradis sold 3,000 shares of Sezzle stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $91.62, for a total transaction of $274,860.00. Following the sale, the director directly owned 242,000 shares in the company, valued at approximately $22,172,040. This trade represents a 1.22% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 62,484 shares of company stock valued at $9,612,690 in the last 90 days. 49.49% of the stock is owned by insiders.

Institutional Investors Weigh In On Sezzle

A number of hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Sezzle by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,320 shares of the company's stock valued at $338,000 after purchasing an additional 44 shares during the period. CWM LLC grew its holdings in shares of Sezzle by 8.1% in the second quarter. CWM LLC now owns 1,070 shares of the company's stock valued at $192,000 after purchasing an additional 80 shares during the period. Ameritas Investment Partners Inc. grew its holdings in shares of Sezzle by 8.8% in the second quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company's stock valued at $270,000 after purchasing an additional 122 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of Sezzle in the second quarter valued at about $29,000. Finally, Spire Wealth Management purchased a new stake in shares of Sezzle in the second quarter valued at about $32,000. Hedge funds and other institutional investors own 2.02% of the company's stock.

Sezzle Stock Performance

Shares of NASDAQ:SEZL traded up $2.10 during trading on Monday, hitting $91.60. 1,148,305 shares of the stock traded hands, compared to its average volume of 816,854. The company has a quick ratio of 3.51, a current ratio of 3.51 and a debt-to-equity ratio of 1.00. The company has a market cap of $3.12 billion, a price-to-earnings ratio of 31.39 and a beta of 9.02. The company has a fifty day moving average price of $110.61 and a two-hundred day moving average price of $93.82. Sezzle has a 52-week low of $23.82 and a 52-week high of $186.74.

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

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.