Sezzle (NASDAQ:SEZL) rating reiterated by Northland Securities

Sezzle (NASDAQ:SEZL – Get a Free Report)The stock’s “outperform” rating was reiterated by investment analysts at Northland Securities in a research report issued to clients and investors on Thursday, Benzinga reports. They currently have a $150.00 price target on the stock, up from their previous price target of $119.00. Northland Securities’ price target would indicate a potential upside of 10.11% from the company’s previous close.

A number of other analysts also recently weighed in on SEZL. B. Riley upped their target price on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th.

Read the latest stock report on Sezzle

Sezzle stock performance

NASDAQ:SEZL opened at $136.23 on Thursday. The company has a market cap of $770.93 million and a price-to-earnings ratio of 59.75. Sezzle has a 1 year low of $7.15 and a 1 year high of $140.36. The stock’s 50-day simple moving average is $98.59, and its two-hundred-day simple moving average is $76.84. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07, and a quick ratio of 2.07.

Sezzle (NASDAQ:SEZL – Get Your Free Report ) last posted its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $1.33. The firm had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. As a group, equities analysts anticipate that Sezzle will post 6.71 earnings per share for the current fiscal year.

Insiders place their bets

In other news, SVP Justin Krause sold 2,000 shares of the stock in a transaction on Monday, June 24th. The shares were sold at an average price of $80.04, for a total value of $160,080.00. Following the sale, the senior vice president now owns 14,658 shares of the company’s stock, valued at $1,173,226.32. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, Director Paul Paradis sold 1,645 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $75.03, for a total transaction of $123,424.35. Following the completion of the sale, the director now directly owns 187,917 shares of the company’s stock, valued at approximately $14,099,412.51. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available via this hyperlink. Also, SVP Justin Krause sold 2,000 shares of the company’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $80.04, for a total value of $160,080.00. Following the completion of the transaction, the senior vice president now directly owns 14,658 shares in the company, valued at approximately $1,173,226.32. The disclosure for this sale can be found here. Insiders sold 161,830 shares of company stock worth $17,263,362 over the last three months. 57.65% of the shares are owned by company insiders.

Sezzle Institutional Trading

A number of large investors have recently made changes to their positions in SEZL. Vanguard Group Inc. bought a new stake in Sezzle in the first quarter valued at approximately $13,369,000. Bank of New York Mellon Corp purchased a new position in shares of Sezzle in the second quarter valued at about $611,000. XTX Topco Ltd bought a new stake in shares of Sezzle during the second quarter valued at about $544,000. Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle in the second quarter valued at approximately $356,000. Finally, Rhumbline Advisers bought a new position in Sezzle in the second quarter valued at approximately $203,000. 2.02% of the shares are held by hedge funds and other institutional investors.

About Sezzle

(Get a free report)

Sezzle Inc operates as a technology-based payments company primarily in the United States and Canada. The company offers in-store and online retail payment solutions; and through proprietary payment solution that connects consumers with merchants. It also offers the Sezzle Platform which provides a consumer payment solution that extends credit at the point of sale, allowing consumers to purchase and receive merchandise ordered at the point of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price upfront and then another fourth of the purchase price every two weeks thereafter for a total of six weeks; Pay-in-Full which allows consumers to pay for the full value of their order in advance through the Sezzle Platform without extending credit; and Pay-in-Two and other alternative installment options, which allow the consumer to pay half of their order up front and the other half in two weeks.

See Also

Get news and reviews for Sezzle Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Sezzle and related companies with MarketBeat.com’s FREE daily email newsletter.