Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje Sells 3,457 Shares

Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje sold 3,457 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total value of $1,093,518.24. Following the transaction, the chief financial officer now owns 35,121 shares of the company’s stock, valued at $11,109,474.72. This represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Sezzle Stock Performance

NASDAQ SEZL opened at $229.76 on Wednesday. The business’s 50 day moving average price is $319.35 and its 200-day moving average price is $208.70. Sezzle Inc. has a fifty-two week low of $30.41 and a fifty-two week high of $477.52. The company has a market cap of $1.29 billion, a P/E ratio of 24.44 and a beta of 9.72. 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 posted its quarterly earnings data on Thursday, November 7th. The company reported $2.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $2.03. The business had revenue of $69.96 million for the quarter, compared to analysts’ expectations of $52.64 million. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. During the same quarter in the previous year, the business posted $0.23 earnings per share. Sell-side analysts predict that Sezzle Inc. will post 9.85 earnings per share for the current year.

Institutional Trading of Sezzle

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SEZL. Covestor Ltd bought a new position in shares of Sezzle during the third quarter valued at approximately $38,000. Modus Advisors LLC purchased a new position in Sezzle during the 4th quarter valued at $80,000. SG Americas Securities LLC purchased a new position in Sezzle during the 3rd quarter valued at $165,000. Wilmington Savings Fund Society FSB bought a new position in Sezzle in the 3rd quarter valued at $188,000. Finally, Rhumbline Advisers purchased a new stake in Sezzle in the second quarter worth $203,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

SEZL has been the topic of a number of recent research reports. B. Riley reaffirmed a “buy” rating and set a $372.00 price target (up previously from $353.00) on shares of Sezzle in a research note on Thursday, December 19th. Northland Securities increased their price target on shares of Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, December 19th.

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.