182 Shares in Sezzle Inc. $SEZL Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC bought a new position in Sezzle Inc. (NASDAQ:SEZL) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 182 shares of the company’s stock, valued at approximately $33,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWM LLC raised its stake in Sezzle by 49,400.0% in the 1st quarter. CWM LLC now owns 990 shares of the company’s stock worth $35,000 after acquiring an additional 988 shares during the last quarter. Fulton Bank N.A. acquired a new stake in Sezzle during the 2nd quarter worth about $215,000. Modus Advisors LLC acquired a new stake in Sezzle during the 2nd quarter worth about $228,000. US Bancorp DE grew its position in Sezzle by 465.6% during the 1st quarter. US Bancorp DE now owns 1,578 shares of the company’s stock worth $55,000 after purchasing an additional 1,299 shares during the period. Finally, Two Sigma Investments LP acquired a new stake in Sezzle during the 4th quarter worth about $436,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Trading Down 4.2%

SEZL stock opened at $82.70 on Wednesday. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.00. Sezzle Inc. has a 12-month low of $24.86 and a 12-month high of $186.74. The stock has a market cap of $2.81 billion, a price-to-earnings ratio of 28.34 and a beta of 8.70. The business’s 50-day moving average is $97.14 and its 200 day moving average is $98.04.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.11. Sezzle had a return on equity of 102.90% and a net margin of 28.13%.The company had revenue of $60.31 million for the quarter, compared to analysts’ expectations of $93.33 million. On average, sell-side analysts anticipate that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other Sezzle news, Director Paul Paradis sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $91.62, for a total value of $274,860.00. Following the transaction, the director directly owned 242,000 shares of the company’s stock, valued at $22,172,040. This trade represents a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 12,000 shares of company stock valued at $1,387,080. Company insiders own 49.49% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on SEZL. TD Cowen began coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating and a $82.00 price target on the stock. Cowen began coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating on the stock. Oppenheimer increased their price target on Sezzle from $168.00 to $202.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 2nd. B. Riley increased their price target on Sezzle from $101.00 to $111.00 and gave the stock a “buy” rating in a research report on Monday, August 11th. Finally, Wall Street Zen downgraded Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, August 16th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $113.75.

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.