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

Sezzle Inc. (NASDAQ:SEZL)’s share price gapped up before the market opened on Monday . The stock had previously closed at $254.32, but opened at $268.00. Sezzle shares last traded at $289.34, with a volume of 47,934 shares.

Analyst Ratings Changes

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

Sezzle Stock Performance

The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 28.15 and a beta of 9.56. The stock’s 50 day moving average is $267.98 and its 200 day moving average is $224.85. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54.

Insider Buying and Selling at Sezzle

In other Sezzle news, Director Paul Paradis sold 4,026 shares of the business’s stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the completion of the sale, the director now owns 68,846 shares of the company’s stock, valued at $27,538,400. The trade was a 5.52 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Karen Hartje sold 3,457 shares of the company’s stock in a transaction that occurred on 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 sale, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. This trade represents a 8.96 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 11,164 shares of company stock valued at $4,303,725 in the last quarter. Company insiders own 57.65% of the company’s stock.

Institutional Trading of Sezzle

A number of institutional investors and hedge funds have recently made changes to their positions in SEZL. Plato Investment Management Ltd bought a new stake in shares of Sezzle during the 4th quarter worth approximately $30,000. Covestor Ltd bought a new position in Sezzle in the 3rd quarter valued at approximately $38,000. Modus Advisors LLC bought a new position in Sezzle in the 4th quarter valued at approximately $80,000. Principal Securities Inc. bought a new position in Sezzle in the 4th quarter valued at approximately $84,000. Finally, KLP Kapitalforvaltning AS bought a new position in Sezzle in the 4th quarter valued at approximately $128,000. Institutional investors own 2.02% of the company’s stock.

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.