Sezzle (NASDAQ:SEZL) Coverage Initiated at Northland Securities

Stock analysts at Northland Securities assumed coverage on shares of Sezzle (NASDAQ:SEZLGet Free Report) in a report issued on Tuesday, Briefing.com reports. The brokerage set an “outperform” rating and a $119.00 price target on the stock. Northland Securities’ price objective points to a potential upside of 33.39% from the company’s previous close.

Separately, B. Riley initiated coverage on shares of Sezzle in a research report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 target price on the stock.

Check Out Our Latest Report on Sezzle

Sezzle Trading Down 0.8 %

Shares of SEZL stock opened at $89.21 on Tuesday. The stock has a market cap of $505.82 million and a P/E ratio of 39.13. Sezzle has a 1 year low of $7.15 and a 1 year high of $100.00. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.42. The stock has a 50 day simple moving average of $75.40 and a 200 day simple moving average of $57.50.

Sezzle (NASDAQ:SEZLGet Free Report) last released 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 firm had revenue of $46.98 million for the quarter. On average, research analysts predict that Sezzle will post 4.89 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Justin Krause sold 2,000 shares of Sezzle stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $80.04, for a total transaction of $160,080.00. Following the sale, the senior vice president now directly owns 14,658 shares in the company, valued at approximately $1,173,226.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In other Sezzle news, Director Paul Paradis sold 1,645 shares of the stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $89.84, for a total transaction of $147,786.80. Following the completion of the sale, the director now owns 194,497 shares of the company’s stock, valued at approximately $17,473,610.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Justin Krause sold 2,000 shares of the business’s stock in a transaction that occurred 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 in the company, valued at approximately $1,173,226.32. The disclosure for this sale can be found here. Over the last three months, insiders have sold 68,568 shares of company stock valued at $5,788,534. 57.65% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Sezzle

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC acquired a new position in Sezzle Inc. (NASDAQ:SEZLFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 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

(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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