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

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

Sezzle Trading Down 0.1 %

Shares of NASDAQ:SEZL opened at $229.51 on Thursday. The business’s 50-day moving average is $316.59 and its 200 day moving average is $209.68. 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 Inc. has a 1 year low of $30.41 and a 1 year high of $477.52. The firm has a market capitalization of $1.29 billion, a P/E ratio of 24.42 and a beta of 9.72.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.92 EPS for the quarter, beating the consensus estimate of $0.89 by $2.03. The firm had revenue of $69.96 million during the quarter, compared to analyst estimates of $52.64 million. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. During the same period last year, the firm posted $0.23 EPS. On average, research analysts predict that Sezzle Inc. will post 9.85 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sezzle

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its stake in Sezzle by 191.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock worth $3,474,000 after acquiring an additional 13,383 shares during the last quarter. Barclays PLC raised its stake in shares of Sezzle by 125.4% in the third 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 last quarter. Virtu Financial LLC purchased a new position in shares of Sezzle in the third quarter worth about $276,000. Principal Financial Group Inc. purchased a new stake in Sezzle in the third quarter valued at approximately $548,000. Finally, Navellier & Associates Inc. purchased a new stake in Sezzle in the third quarter valued at approximately $1,217,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.