Amin Sabzivand Sells 1,500 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $205.57, for a total value of $308,355.00. Following the completion of the transaction, the chief operating officer now owns 46,860 shares of the company’s stock, valued at $9,633,010.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Amin Sabzivand also recently made the following trade(s):

• On Monday, October 14th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The stock was sold at an average price of $187.00, for a total value of $280,500.00.
• On Thursday, September 12th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $147.10, for a total transaction of $220,650.00.

Sezzle Stock Performance

NASDAQ:SEZL opened at $225.42 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $232.02. The business has a 50 day moving average price of $151.53 and a 200-day moving average price of $102.06. The firm has a market cap of $1.26 billion, a PE ratio of 32.16 and a beta of 8.93.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $1.33. The business had revenue of $55.97 million for 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%. Equities research analysts predict that Sezzle Inc. will post 6.71 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. bought a new stake in shares of Sezzle in the 1st quarter worth approximately $13,369,000. Bank of New York Mellon Corp purchased a new stake in Sezzle in the second quarter worth $611,000. XTX Topco Ltd bought a new stake in Sezzle in the second quarter valued at $544,000. Divisadero Street Capital Management LP purchased a new position in Sezzle during the 2nd quarter valued at $356,000. Finally, Rhumbline Advisers bought a new position in Sezzle in the 2nd quarter worth $203,000. Institutional investors own 2.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. B. Riley upped their price objective on shares of Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Northland Securities reissued an “outperform” rating and issued a $185.00 price target (up from $150.00) on shares of Sezzle in a research note on Monday, September 23rd. Finally, Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.

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.