Sezzle (NASDAQ:SEZL) Given New $111.00 Price Target at B. Riley

Key Points

• B. Riley analysts have upgraded Sezzle's target price from $101.00 to $111.00, indicating a potential upside of 21.30% from its previous close.
• Sezzle reported earnings of $0.69 per share for the last quarter, exceeding analysts' expectations, though revenue was lower than anticipated at $60.31 million.
• Insider selling occurred recently, with COO Amin Sabzivand and Director Paul Paradis each reducing their stakes in the company.

Sezzle (NASDAQ:SEZL - Free Report) had its price target upped by B. Riley from $101.00 to $111.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a buy rating on the stock. B. Riley also issued estimates for Sezzle's FY2025 earnings at $3.27 EPS and FY2026 earnings at $4.81 EPS.

A number of other research firms have also weighed in on SEZL. Oppenheimer raised their price objective on Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. Wall Street Zen lowered Sezzle from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd.

Sezzle Trading Up 2.1%

SEZL traded up $1.83 during midday trading on Monday, reaching $89.14. 1,712,500 shares of the company's stock traded hands, compared to its average volume of 1,222,808. The firm has a fifty day moving average of $144.33 and a two-hundred day moving average of $85.55. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 30.54 and a beta of 9.09. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.51 and a quick ratio of 2.62. Sezzle has a 52 week low of $19.43 and a 52 week high of $186.74.

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

Insider Activity at Sezzle

In other Sezzle news, COO Amin Sabzivand sold 18,000 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $157.31, for a total transaction of $2,831,580.00. Following the sale, the chief operating officer directly owned 243,303 shares in the company, valued at approximately $38,273,994.93. This trade represents a 6.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Karen Hartje sold 5,484 shares of the stock in a transaction on Monday, July 7th. The shares were sold at an average price of $168.02, for a total value of $921,421.68. Following the sale, the chief financial officer owned 126,846 shares in the company, valued at approximately $21,312,664.92. This represents a 4.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 77,696 shares of company stock valued at $11,552,835 in the last 90 days. Corporate 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. JPMorgan Chase & Co. boosted its stake in Sezzle by 16.8% during the 4th quarter. JPMorgan Chase & Co. now owns 4,647 shares of the company's stock valued at $1,189,000 after purchasing an additional 668 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of Sezzle by 6.7% in the 4th quarter. Alliancebernstein L.P. now owns 2,700 shares of the company's stock worth $691,000 after buying an additional 170 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of Sezzle in the 4th quarter worth $369,000. Russell Investments Group Ltd. boosted its stake in shares of Sezzle by 1,733.1% in the 4th quarter. Russell Investments Group Ltd. now owns 12,447 shares of the company's stock worth $3,184,000 after buying an additional 11,768 shares during the last quarter. Finally, Federated Hermes Inc. boosted its stake in shares of Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock worth $38,000 after buying an additional 143 shares during the last quarter. 2.02% of the stock is currently owned by hedge funds and other 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.