Insider Selling: Sezzle Inc. (NASDAQ:SEZL) CFO Sells 3,457 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje sold 3,457 shares of the firm’s stock in a transaction dated 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 transaction, the chief financial officer now owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. This represents a 8.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Sezzle Stock Up 4.0 %

Shares of NASDAQ SEZL opened at $238.73 on Friday. Sezzle Inc. has a 12-month low of $30.41 and a 12-month high of $477.52. The firm’s 50-day simple moving average is $313.54 and its 200 day simple moving average is $209.82. 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 company has a market cap of $1.34 billion, a price-to-earnings ratio of 25.40 and a beta of 9.72.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Thursday, November 7th. The company reported $2.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $2.03. The company had revenue of $69.96 million for 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 in the prior year, the business earned $0.23 earnings per share. On average, research analysts expect that Sezzle Inc. will post 9.85 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have commented on SEZL shares. Northland Securities raised their price target on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research note on Thursday, December 19th. B. Riley restated 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.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of SEZL. SG Americas Securities LLC lifted its stake in shares of Sezzle by 22.2% during the fourth quarter. SG Americas Securities LLC now owns 1,184 shares of the company’s stock valued at $303,000 after acquiring an additional 215 shares during the period. Modus Advisors LLC acquired a new position in Sezzle during the 4th quarter valued at about $80,000. JPMorgan Chase & Co. lifted its position in Sezzle by 295.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,979 shares of the company’s stock valued at $679,000 after purchasing an additional 2,974 shares during the period. Principal Financial Group Inc. bought a new position in shares of Sezzle in the 3rd quarter valued at about $548,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Sezzle during the 3rd quarter worth approximately $188,000. 2.02% of the stock is currently owned by institutional investors.

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.