Sezzle (NASDAQ:SEZL) Stock Price Up 3%

Sezzle Inc. (NASDAQ:SEZL) shares rose 3% during mid-day trading on Tuesday . The stock traded as high as $91.91 and last traded at $91.91. Approximately 2,470 shares traded hands during trading, a decline of 97% from the average daily volume of 79,846 shares. The stock had previously closed at $89.21.

Analysts Set New Price Targets

Several analysts recently weighed in on SEZL shares. Northland Securities assumed coverage on Sezzle in a research report on Tuesday. They set an “outperform” rating and a $119.00 price objective for the company. B. Riley initiated coverage on shares of Sezzle in a research report on Wednesday, June 26th. They set a “buy” rating and a $113.00 target price on the stock.

Sezzle Stock Performance

The stock has a market capitalization of $544.04 million and a price-to-earnings ratio of 41.87. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. The stock has a fifty day simple moving average of $75.40 and a two-hundred day simple moving average of $57.50.

Sezzle (NASDAQ:SEZL) last released its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share (EPS) for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The company had revenue of $46.98 million for the quarter. Analysts forecast that Sezzle Inc. will post 4.89 earnings per share for the current fiscal year.

Insider Activity at Sezzle

In other Sezzle news, Director Paul Paradis sold 1,470 shares of the firm’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $77.36, for a total value of $113,719.20. Following the transaction, the director now directly owns 209,906 shares of the company’s stock, valued at $16,238,328.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In other Sezzle news, Director Paul Paradis sold 1,470 shares of the stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $77.36, for a total transaction of $113,719.20. Following the sale, the director now owns 209,906 shares in the company, valued at $16,238,328.16. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Paul Martin Purcell sold 3,955 shares of Sezzle stock in a transaction on Monday, June 17th. The shares were sold at an average price of $82.19, for a total value of $325,061.45. Following the completion of the transaction, the director now owns 460,761 shares of the company’s stock, valued at $37,869,946.59. The disclosure for this sale can be found here. In the last 90 days, insiders sold 70,458 shares of company stock valued at $5,958,956. 57.65% of the stock is owned by company insiders.

Institutional Investors Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC bought a new position in shares of Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,223 shares of the company’s stock, valued at approximately $25,000. Hedge funds and other 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.