Sezzle (NASDAQ:SEZL) Stock Price Expected to Rise, Northland Securities Analyst Says

Sezzle (NASDAQ:SEZL) had its target price raised by investment analysts at Northland Securities from $185.00 to $300.00 in a report released on Friday,Benzinga reports. The firm currently has an “outperform” rating on the stock. Northland Securities’ price objective would suggest a potential downside of 30.47% from the company’s previous close.

Separately, B. Riley increased their price target on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.

Sezzle Stock Up 72.3 %

SEZL opened at $431.48 on Friday. The stock has a fifty day moving average of $181.76 and a 200-day moving average of $118.80. The company has a market capitalization of $2.41 billion, a P/E ratio of 45.90 and a beta of 8.49. Sezzle has a fifty-two week low of $9.75 and a fifty-two week high of $454.16. 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 (NASDAQ:SEZL) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The firm had revenue of $55.97 million during the quarter, compared to the consensus estimate of $43.35 million. On average, equities analysts expect that Sezzle will post 6.71 EPS for the current year.

Insider Buying and Selling at Sezzle

In related news, COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $205.57, for a total value of $308,355.00. Following the transaction, the chief operating officer now directly owns 46,860 shares of the company’s stock, valued at $9,633,010.20. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other news, COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $205.57, for a total value of $308,355.00. Following the sale, the chief operating officer now directly owns 46,860 shares in the company, valued at approximately $9,633,010.20. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Paul Martin Purcell sold 29,924 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $121.61, for a total transaction of $3,639,057.64. Following the completion of the transaction, the director now directly owns 269,716 shares of the company’s stock, valued at approximately $32,800,162.76. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 160,989 shares of company stock valued at $22,207,483 in the last ninety days. 57.65% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. bought a new position in shares of Sezzle during the first quarter worth about $13,369,000. Bank of New York Mellon Corp bought a new stake in Sezzle during the second quarter valued at $611,000. XTX Topco Ltd acquired a new stake in Sezzle during the 2nd quarter worth about $544,000. Divisadero Street Capital Management LP acquired a new position in shares of Sezzle in the 2nd quarter valued at about $356,000. Finally, Principal Financial Group Inc. bought a new stake in shares of Sezzle during the 3rd quarter valued at about $548,000. Institutional investors and hedge funds 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.