Justin Krause Sells 1,500 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause sold 1,500 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $158.00, for a total transaction of $237,000.00. Following the sale, the senior vice president now owns 16,533 shares of the company’s stock, valued at approximately $2,612,214. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Justin Krause also recently made the following trade(s):

• On Thursday, August 29th, Justin Krause sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $138.00, for a total value of $207,000.00.
• On Tuesday, July 9th, Justin Krause sold 1,619 shares of Sezzle stock. The stock was sold at an average price of $98.00, for a total value of $158,662.00.

Sezzle Price Performance

Shares of NASDAQ SEZL opened at $176.97 on Wednesday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $179.99. The stock has a market cap of $1.00 billion and a PE ratio of 77.62. The stock has a fifty day moving average of $118.69 and a 200-day moving average of $88.67.

Sezzle (NASDAQ:SEZL) last posted its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. Equities research analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current year.

Institutional Trading of Sezzle

A number of hedge funds and other institutional investors have recently bought and sold shares of SEZL. Vanguard Group Inc. bought a new position in Sezzle in the 1st quarter valued at $13,369,000. XTX Topco Ltd bought a new stake in Sezzle during the second quarter valued at $544,000. Divisadero Street Capital Management LP bought a new stake in Sezzle during the second quarter valued at $356,000. Bank of New York Mellon Corp purchased a new position in Sezzle during the second quarter worth about $611,000. Finally, Rhumbline Advisers bought a new position in Sezzle in the 2nd quarter worth about $203,000. Institutional investors own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. B. Riley increased their price target on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, Northland Securities reiterated an “outperform” rating and issued a $185.00 target price (up previously from $150.00) on shares of Sezzle in a research note on Monday.

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.