Sezzle (NASDAQ:SEZL) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Sezzle (NASDAQ:SEZL – Free Report) from a hold rating to a buy rating in a research report released on Saturday.

Several other research analysts have also issued reports on SEZL. UBS Group set a $110.00 price target on shares of Sezzle in a report on Thursday. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a research note on Wednesday, October 8th. B. Riley boosted their target price on shares of Sezzle from $101.00 to $111.00 and gave the company a “buy” rating in a report on Monday, August 11th. Cowen started coverage on shares of Sezzle in a research report on Thursday, September 11th. They set a “hold” rating on the stock. Finally, TD Cowen started coverage on Sezzle in a research report on Thursday, September 11th. They issued a “hold” rating and a $82.00 price objective for the company. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $113.00.

Read Our Latest Analysis on SEZL

Sezzle Stock Down 2.1%

Shares of SEZL opened at $58.01 on Friday. The stock’s 50-day moving average price is $79.47 and its two-hundred day moving average price is $104.53. Sezzle has a 12 month low of $24.86 and a 12 month high of $186.74. The company has a market capitalization of $1.98 billion, a PE ratio of 17.95 and a beta of 8.64. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76.

Sezzle (NASDAQ:SEZL – Get Free Report) last issued its quarterly earnings results on Tuesday, November 19th. The company reported $0.21 earnings per share for the quarter. The company had revenue of $40.84 million during the quarter. Sezzle had a return on equity of 90.06% and a net margin of 27.66%. On average, analysts anticipate that Sezzle will post 9.77 EPS for the current year.

Insider Activity at Sezzle

In other news, CFO Karen Hartje sold 5,484 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $85.00, for a total transaction of $466,140.00. Following the transaction, the chief financial officer directly owned 116,053 shares of the company’s stock, valued at $9,864,505. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Paul Paradis sold 3,000 shares of the stock in a transaction on Tuesday, August 19th. The stock was sold at an average price of $91.62, for a total value of $274,860.00. Following the completion of the transaction, the director owned 242,000 shares in the company, valued at approximately $22,172,040. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 49.49% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SEZL. Vanguard Group Inc. increased its position in shares of Sezzle by 497.6% during the first quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company’s stock worth $35,368,000 after acquiring an additional 844,084 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Sezzle during the 2nd quarter valued at about $71,770,000. Driehaus Capital Management LLC increased its holdings in Sezzle by 497.8% during the 1st quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company’s stock worth $11,419,000 after purchasing an additional 272,530 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Sezzle by 1,068.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock worth $5,913,000 after purchasing an additional 154,978 shares in the last quarter. Finally, Acadian Asset Management LLC raised its stake in shares of Sezzle by 719.1% in the first quarter. Acadian Asset Management LLC now owns 173,310 shares of the company’s stock worth $6,040,000 after purchasing an additional 152,152 shares during the last quarter. 2.02% of the stock is owned by institutional investors.

Sezzle Company Profile

(Get Free Report)

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.

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