Amin Sabzivand Sells 1,500 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $187.00, for a total value of $280,500.00. Following the completion of the sale, the chief operating officer now owns 48,360 shares in the company, valued at approximately $9,043,320. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Amin Sabzivand also recently made the following trade(s):

• On Thursday, September 12th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $147.10, for a total value of $220,650.00.

Sezzle Stock Up 1.2 %

Shares of NASDAQ:SEZL opened at $203.18 on Thursday. The business has a 50-day moving average price of $147.11 and a 200 day moving average price of $99.89. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $203.81. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 28.98 and a beta of 8.93. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, August 7th. The company reported $2.17 EPS 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 company had revenue of $55.97 million during the quarter, compared to analysts’ expectations of $43.35 million. Sell-side analysts expect that Sezzle Inc. will post 6.71 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on SEZL. B. Riley upped their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Northland Securities reaffirmed an “outperform” rating and issued a $185.00 target price (up from $150.00) on shares of Sezzle in a research note on Monday, September 23rd.

Hedge Funds Weigh In On Sezzle

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