Sezzle (NASDAQ:SEZL) Stock Price Up 8.2% – What’s Next?

Sezzle Inc. (NASDAQ:SEZL)’s stock price traded up 8.2% on Tuesday . The company traded as high as $240.19 and last traded at $240.19. 16,239 shares traded hands during trading, a decline of 86% from the average session volume of 115,183 shares. The stock had previously closed at $221.94.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SEZL shares. B. Riley reaffirmed a “buy” rating and set a $372.00 price objective (up from $353.00) on shares of Sezzle in a report on Thursday, December 19th. Northland Securities raised 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 Price Performance

The company has a 50-day moving average of $327.29 and a 200 day moving average of $204.76. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. The stock has a market capitalization of $1.47 billion, a PE ratio of 27.93 and a beta of 9.72.

Insiders Place Their Bets

In other Sezzle news, Director Paul Martin Purcell sold 1,280 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $376.26, for a total value of $481,612.80. Following the transaction, the director now directly owns 81,496 shares of the company’s stock, valued at $30,663,684.96. This trade represents a 1.55 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Paul Paradis sold 4,026 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $400.00, for a total value of $1,610,400.00. Following the transaction, the director now owns 68,846 shares in the company, valued at approximately $27,538,400. This represents a 5.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 7,707 shares of company stock valued at $3,210,207 in the last 90 days. 57.65% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEZL. Covestor Ltd acquired a new stake in Sezzle during the third quarter worth about $38,000. Modus Advisors LLC acquired a new position in Sezzle in the 4th quarter valued at about $80,000. SG Americas Securities LLC purchased a new stake in shares of Sezzle in the 3rd quarter valued at approximately $165,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Sezzle during the 3rd quarter worth approximately $188,000. Finally, Rhumbline Advisers acquired a new position in Sezzle in the second quarter valued at approximately $203,000. 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.