Sezzle (NASDAQ:SEZL) Coverage Initiated at Northland Securities

Stock analysts at Northland Securities started coverage on shares of Sezzle (NASDAQ:SEZLGet Free Report) in a note issued to investors on Tuesday, MarketBeat.com reports. The firm set an “outperform” rating and a $119.00 price target on the stock. Northland Securities’ target price points to a potential upside of 45.16% from the company’s previous close.

Separately, B. Riley began coverage on Sezzle in a report on Wednesday, June 26th. They set a “buy” rating and a $113.00 target price for the company.

View Our Latest Research Report on Sezzle

Sezzle Trading Down 13.9 %

Shares of SEZL opened at $81.98 on Tuesday. Sezzle has a fifty-two week low of $7.15 and a fifty-two week high of $100.00. The firm has a market cap of $464.83 million and a price-to-earnings ratio of 35.96. The firm has a 50 day moving average price of $76.94 and a 200-day moving average price of $58.17. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06.

Sezzle (NASDAQ:SEZLGet Free Report) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The business had revenue of $46.98 million during the quarter. As a group, equities research analysts forecast that Sezzle will post 4.89 earnings per share for the current year.

Insider Buying and Selling at Sezzle

In related news, SVP Justin Krause sold 2,000 shares of the firm’s stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $80.04, for a total value of $160,080.00. Following the sale, the senior vice president now directly owns 14,658 shares of the company’s stock, valued at $1,173,226.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Sezzle news, Director Paul Paradis sold 1,470 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $77.36, for a total transaction of $113,719.20. Following the transaction, the director now directly owns 209,906 shares of the company’s stock, valued at approximately $16,238,328.16. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Justin Krause sold 2,000 shares of the company’s stock in a transaction on Monday, June 24th. The stock was sold at an average price of $80.04, for a total transaction of $160,080.00. Following the completion of the transaction, the senior vice president now owns 14,658 shares of the company’s stock, valued at $1,173,226.32. The disclosure for this sale can be found here. Insiders sold 72,077 shares of company stock valued at $6,117,618 in the last quarter. Company insiders own 57.65% of the company’s stock.

Institutional Investors Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Vanguard Group Inc. acquired a new position in Sezzle Inc. (NASDAQ:SEZLFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned 2.79% of Sezzle at the end of the most recent reporting period. 2.02% of the stock is currently 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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