Plato Investment Management Ltd Acquires Shares of 115 Sezzle Inc. (NASDAQ:SEZL)

Plato Investment Management Ltd acquired a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) during the 4th quarter, HoldingsChannel reports. The firm acquired 115 shares of the company’s stock, valued at approximately $30,000.

Several other large investors have also bought and sold shares of the stock. Charles Schwab Investment Management Inc. raised its stake in shares of Sezzle by 191.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock worth $3,474,000 after purchasing an additional 13,383 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Sezzle by 295.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,979 shares of the company’s stock worth $679,000 after purchasing an additional 2,974 shares during the period. Barclays PLC raised its stake in shares of Sezzle by 125.4% during the 3rd quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after purchasing an additional 2,512 shares during the period. Virtu Financial LLC bought a new stake in shares of Sezzle during the 3rd quarter worth $276,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Sezzle during the 3rd quarter worth $548,000. 2.02% of the stock is currently owned by institutional investors.

Sezzle Trading Down 0.4 %

Shares of SEZL opened at $261.06 on Thursday. The business has a 50-day moving average of $265.08 and a 200 day moving average of $248.21. Sezzle Inc. has a fifty-two week low of $40.39 and a fifty-two week high of $477.52. The firm has a market cap of $1.47 billion, a P/E ratio of 27.77 and a beta of 9.05. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $4.39 earnings per share for the quarter, topping the consensus estimate of $3.08 by $1.31. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. The company had revenue of $271.13 billion during the quarter, compared to analyst estimates of $73.90 million. As a group, research analysts forecast that Sezzle Inc. will post 9.77 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Northland Securities lifted their target price on Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. B. Riley reiterated a “buy” rating and set a $377.00 target price (up from $372.00) on shares of Sezzle in a research note on Wednesday, February 26th.

Insider Buying and Selling

In other Sezzle news, CFO Karen Hartje sold 3,457 shares of Sezzle stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the completion of the transaction, the chief financial officer now owns 35,121 shares of the company’s stock, valued at $11,109,474.72. The trade was a 8.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 57.65% of the stock is currently owned by insiders.

Sezzle 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.