Sezzle’s (SEZL) Buy Rating Reiterated at B. Riley

Sezzle (NASDAQ:SEZL)‘s stock had its “buy” rating reaffirmed by research analysts at B. Riley in a research note issued on Wednesday,Benzinga reports. They currently have a $377.00 price objective on the stock, up from their previous price objective of $372.00. B. Riley’s price objective would indicate a potential upside of 11.36% from the company’s current price.

Separately, Northland Securities upped their price target on shares of Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th.

Sezzle Trading Up 16.2 %

Shares of NASDAQ:SEZL opened at $338.54 on Wednesday. The company has a 50-day simple moving average of $262.03 and a 200 day simple moving average of $242.40. The company has a market capitalization of $1.90 billion, a P/E ratio of 36.01 and a beta of 9.58. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. Sezzle has a 52-week low of $40.39 and a 52-week high of $477.52.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Tuesday, February 25th. The company reported $4.39 EPS for the quarter, topping the consensus estimate of $3.08 by $1.31. The company had revenue of $271.13 billion during the quarter, compared to the consensus estimate of $73.90 million. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. Sell-side analysts forecast that Sezzle will post 9.77 earnings per share for the current year.

Insider Transactions at Sezzle

In related news, Director Kyle M. Brehm purchased 110 shares of Sezzle stock in a transaction on Thursday, December 5th. The shares were purchased at an average price of $360.00 per share, for a total transaction of $39,600.00. Following the transaction, the director now owns 3,718 shares of the company’s stock, valued at approximately $1,338,480. This represents a 3.05 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Karen Hartje sold 3,457 shares of the stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $316.32, for a total value of $1,093,518.24. Following the completion of the sale, the chief financial officer now directly owns 35,121 shares of the company’s stock, valued at approximately $11,109,474.72. The trade was a 8.96 % decrease in their position. The disclosure for this sale can be found here. 57.65% of the stock is owned by insiders.

Institutional Trading of Sezzle

Several institutional investors have recently added to or reduced their stakes in the stock. Plato Investment Management Ltd bought a new stake in Sezzle during the fourth quarter valued at $30,000. Meeder Asset Management Inc. acquired a new position in shares of Sezzle during the 4th quarter valued at $31,000. Covestor Ltd bought a new position in Sezzle during the third quarter worth $38,000. Federated Hermes Inc. raised its holdings in shares of Sezzle by 3,575.0% during the fourth quarter. Federated Hermes Inc. now owns 147 shares of the company’s stock valued at $38,000 after purchasing an additional 143 shares during the period. Finally, Modus Advisors LLC bought a new position in shares of Sezzle during the 4th quarter worth about $80,000. 2.02% of the stock is currently 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.