Sezzle (NASDAQ:SEZL) Director Kyle Brehm Purchases 1,217 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Kyle Brehm purchased 1,217 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were bought at an average cost of $57.50 per share, for a total transaction of $69,977.50. Following the completion of the transaction, the director directly owned 24,129 shares in the company, valued at $1,387,417.50. This trade represents a 5.31% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link.

Sezzle Stock Performance

Shares of SEZL stock traded up $0.36 on Friday, hitting $53.08. The company had a trading volume of 240,873 shares, compared to its average volume of 1,011,102. Sezzle Inc. has a twelve month low of $24.86 and a twelve month high of $186.74. The company has a quick ratio of 3.52, a current ratio of 3.52 and a debt-to-equity ratio of 0.76. The firm has a market cap of $1.81 billion, a P/E ratio of 16.36 and a beta of 8.63. The company has a 50-day moving average price of $77.54 and a 200-day moving average price of $103.90.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Tuesday, November 19th. The company reported $0.21 EPS for the quarter. The business had revenue of $40.84 million for the quarter. Sezzle had a return on equity of 90.06% and a net margin of 27.66%. As a group, equities research analysts predict that Sezzle Inc. will post 9.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

SEZL has been the subject of several research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a research note on Wednesday, October 8th. Cowen started coverage on Sezzle in a report on Thursday, September 11th. They issued a “hold” rating on the stock. Wall Street Zen raised Sezzle from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. B. Riley increased their price objective on Sezzle from $101.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, August 11th. Finally, TD Cowen initiated coverage on shares of Sezzle in a research note on Thursday, September 11th. They set a “hold” rating and a $82.00 target price on the stock. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Sezzle presently has an average rating of “Moderate Buy” and an average target price of $113.00.

Institutional Trading of Sezzle

Several institutional investors have recently made changes to their positions in SEZL. CWM LLC grew its position in Sezzle by 8.1% in the second quarter. CWM LLC now owns 1,070 shares of the company’s stock worth $192,000 after acquiring an additional 80 shares during the period. Ameritas Investment Partners Inc. increased its position in shares of Sezzle by 8.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company’s stock worth $270,000 after purchasing an additional 122 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Sezzle in the 2nd quarter valued at about $29,000. Spire Wealth Management acquired a new stake in shares of Sezzle during the second quarter valued at about $32,000. Finally, Farther Finance Advisors LLC purchased a new stake in shares of Sezzle in the 2nd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

About Sezzle

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.