Sezzle (NASDAQ:SEZL) Shares Gap Up – Should You Buy?

Shares of Sezzle Inc. (NASDAQ:SEZL) gapped up prior to trading on Monday . The stock had previously closed at $286.65, but opened at $294.55. Sezzle shares last traded at $269.16, with a volume of 51,071 shares trading hands.

Analysts Set New Price Targets

Several analysts recently commented on SEZL shares. B. Riley reaffirmed a “buy” rating and set a $372.00 target price (up from $353.00) on shares of Sezzle in a report on Thursday, December 19th. Northland Securities upped their price objective on Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th.

Sezzle Stock Up 12.6 %

The business’s fifty day simple moving average is $262.03 and its two-hundred day simple moving average is $242.40. The company has a market cap of $1.84 billion, a PE ratio of 36.01 and a beta of 9.58. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40.

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

Insider Transactions at Sezzle

In other news, CFO Karen Hartje sold 3,457 shares of the business’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kyle M. Brehm purchased 110 shares of Sezzle stock in a transaction that occurred on Thursday, December 5th. The shares were bought at an average price of $360.00 per share, with a total value of $39,600.00. Following the transaction, the director now owns 3,718 shares in the company, valued at approximately $1,338,480. The trade was a 3.05 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 57.65% of the company’s stock.

Hedge Funds Weigh In On Sezzle

Several hedge funds and other institutional investors have recently made changes to their positions in SEZL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Sezzle in the 4th quarter valued at $691,000. Voloridge Investment Management LLC purchased a new stake in shares of Sezzle during the fourth quarter worth $2,762,000. Washington Harbour Partners LP acquired a new stake in shares of Sezzle in the fourth quarter valued at about $396,000. Two Sigma Investments LP purchased a new position in shares of Sezzle in the fourth quarter worth about $436,000. Finally, Nomura Holdings Inc. acquired a new position in Sezzle during the fourth quarter worth about $435,000. 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.