Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje Sells 3,457 Shares

Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje sold 3,457 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the completion of the sale, the chief financial officer now owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. This trade represents a 8.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Sezzle Stock Up 2.1 %

Shares of NASDAQ:SEZL traded up $4.76 during trading on Tuesday, reaching $229.76. 207,505 shares of the company traded hands, compared to its average volume of 158,075. The firm has a fifty day simple moving average of $319.35 and a 200 day simple moving average of $208.70. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. Sezzle Inc. has a 1-year low of $30.41 and a 1-year high of $477.52. The firm has a market cap of $1.29 billion, a P/E ratio of 24.44 and a beta of 9.72.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings data on Thursday, November 7th. The company reported $2.92 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $2.03. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. The business had revenue of $69.96 million during the quarter, compared to analyst estimates of $52.64 million. During the same period last year, the company earned $0.23 earnings per share. Analysts anticipate that Sezzle Inc. will post 9.85 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Northland Securities increased their target price on Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a report on Thursday, December 19th. B. Riley reissued a “buy” rating and issued a $372.00 price objective (up from $353.00) on shares of Sezzle in a research note on Thursday, December 19th.

Institutional Investors Weigh In On Sezzle

Large investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in Sezzle by 191.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock valued at $3,474,000 after acquiring an additional 13,383 shares in the last quarter. Barclays PLC raised its holdings in shares of Sezzle by 125.4% during the 3rd quarter. Barclays PLC now owns 4,515 shares of the company’s stock valued at $771,000 after purchasing an additional 2,512 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Sezzle in the 3rd quarter valued at $276,000. Principal Financial Group Inc. acquired a new stake in shares of Sezzle in the 3rd quarter valued at $548,000. Finally, Navellier & Associates Inc. bought a new stake in Sezzle in the third quarter worth $1,217,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

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.