Sezzle (NASDAQ:SEZL) Stock Price Up 1.3% - What's Next?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report)'s stock price shot up 1.3% during trading on Monday . The stock traded as high as $137.78 and last traded at $136.46. 370,968 shares were traded during mid-day trading, a decline of 56% from the average session volume of 840,368 shares. The stock had previously closed at $134.73.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on SEZL shares. Wall Street Zen downgraded Sezzle from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Oppenheimer boosted their price target on Sezzle from $168.00 to $202.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 2nd.

Sezzle Stock Down 3.1%

The company has a debt-to-equity ratio of 0.56, a current ratio of 2.62 and a quick ratio of 2.62. The firm has a market capitalization of $4.68 billion, a P/E ratio of 47.46 and a beta of 9.16. The firm's fifty day moving average price is $130.50 and its 200-day moving average price is $72.86.

Insider Transactions at Sezzle

In other Sezzle news, Director Paul Paradis sold 3,000 shares of the company's stock in a transaction dated Tuesday, July 8th. The shares were sold at an average price of $182.03, for a total value of $546,090.00. Following the completion of the sale, the director directly owned 260,000 shares of the company's stock, valued at approximately $47,327,800. This represents a 1.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Karen Hartje sold 5,484 shares of Sezzle stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $168.02, for a total transaction of $921,421.68. Following the completion of the transaction, the chief financial officer directly owned 126,846 shares in the company, valued at $21,312,664.92. This represents a 4.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 498,092 shares of company stock valued at $43,127,736. Corporate insiders own 49.49% of the company's stock.

Institutional Trading of Sezzle

Large investors have recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC acquired a new stake in Sezzle during the 2nd quarter worth about $460,000. Sound Income Strategies LLC acquired a new stake in Sezzle during the second quarter valued at $40,000. Farther Finance Advisors LLC purchased a new position in Sezzle in the second quarter valued at about $33,000. Fulton Bank N.A. acquired a new position in Sezzle in the 2nd quarter worth about $215,000. Finally, Baader Bank Aktiengesellschaft acquired a new position in Sezzle in the 2nd quarter worth about $937,000. 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.