Sezzle (NASDAQ:SEZL) Research Coverage Started at Northland Securities

Northland Securities started coverage on shares of Sezzle (NASDAQ:SEZL) in a report released on Tuesday morning, MarketBeat Ratings reports. The brokerage issued an outperform rating and a $119.00 price target on the stock.

Separately, B. Riley began coverage on Sezzle in a research note on Wednesday, June 26th. They issued a buy rating and a $113.00 price target for the company.

Sezzle Stock Up 0.2 %

Shares of NASDAQ:SEZL opened at $82.18 on Tuesday. 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 has a 1 year low of $7.15 and a 1 year high of $100.00. The stock has a market capitalization of $465.96 million and a P/E ratio of 36.04. The stock has a 50-day simple moving average of $77.55 and a 200-day simple moving average of $58.33.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share (EPS) for the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. The company had revenue of $46.98 million for the quarter. Equities analysts forecast that Sezzle will post 4.83 earnings per share for the current year.

Insider Buying and Selling

In related news, SVP Justin Krause sold 1,619 shares of Sezzle stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $98.00, for a total transaction of $158,662.00. Following the transaction, the senior vice president now directly owns 16,533 shares of the company’s stock, valued at $1,620,234. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, SVP Justin Krause sold 1,619 shares of Sezzle stock in a transaction dated Tuesday, July 9th. The stock was sold at an average price of $98.00, for a total value of $158,662.00. Following the transaction, the senior vice president now owns 16,533 shares of the company’s stock, valued at approximately $1,620,234. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul Martin Purcell sold 1,890 shares of Sezzle stock in a transaction dated Monday, July 8th. The stock was sold at an average price of $90.17, for a total value of $170,421.30. Following the completion of the transaction, the director now directly owns 378,557 shares in the company, valued at approximately $34,134,484.69. The disclosure for this sale can be found here. Insiders have sold a total of 70,432 shares of company stock valued at $6,006,005 over the last three months. Company insiders own 57.65% of the company’s stock.

Hedge Funds Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC purchased a new position in Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 1,223 shares of the company’s stock, valued at approximately $25,000. 2.02% of the stock is owned by institutional investors.

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.