Sezzle Inc. (NASDAQ:SEZL) SVP Justin Krause Sells 1,500 Shares

Market Beat
2024.08.30 22:42
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On August 29, Sezzle Inc. SVP Justin Krause sold 1,500 shares at an average price of $0.00, totaling $0.00. After this sale, he retains ownership of 16,533 shares worth $1,281,554. The transaction was reported to the SEC. Previous trades by Krause included the sale of 1,619 shares on July 9 and 2,000 shares on June 24. Sezzle's stock recently rose by 2.1%, closing at $0.23. Sezzle reported $0.17 EPS for Q2, exceeding estimates, and analysts project an EPS of $6.71 for the year. B. Riley and Northland Capital have updated their ratings on Sezzle.

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) SVP Justin Krause sold 1,500 shares of Sezzle stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $138.00, for a total transaction of $207,000.00. Following the completion of the transaction, the senior vice president now directly owns 16,533 shares in the company, valued at $2,281,554. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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Justin Krause also recently made the following trade(s):

  • On Tuesday, July 9th, Justin Krause sold 1,619 shares of Sezzle stock. The stock was sold at an average price of $98.00, for a total transaction of $158,662.00.
  • On Monday, June 24th, Justin Krause sold 2,000 shares of Sezzle stock. The shares were sold at an average price of $80.04, for a total value of $160,080.00.

Sezzle Stock Up 2.1 %

SEZL traded up $2.78 during trading on Friday, reaching $136.23. 78,155 shares of the stock traded hands, compared to its average volume of 83,145. The stock's 50-day simple moving average is $96.53 and its two-hundred day simple moving average is $75.82. 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 Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $140.36. The stock has a market cap of $770.93 million and a price-to-earnings ratio of 58.94.

Sezzle (NASDAQ:SEZL - Get Free Report) last posted its quarterly 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 company had revenue of $55.97 million during the quarter, compared to the consensus estimate of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. As a group, equities research analysts expect that Sezzle Inc. will post 6.71 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on SEZL shares. B. Riley upped their price target on Sezzle from $132.00 to $163.00 and gave the company a "buy" rating in a research report on Friday, August 23rd. Northland Capmk upgraded Sezzle to a "strong-buy" rating in a report on Tuesday, July 9th. Finally, Northland Securities restated an "outperform" rating and set a $150.00 price target (up from $119.00) on shares of Sezzle in a report on Thursday.

Read Our Latest Stock Report on Sezzle

Institutional Investors Weigh In On Sezzle

A number of large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC bought a new stake in shares of Sezzle during the 4th quarter worth about $25,000. Rhumbline Advisers bought a new stake in Sezzle during the second quarter worth approximately $203,000. Divisadero Street Capital Management LP acquired a new position in Sezzle during the second quarter valued at approximately $356,000. XTX Topco Ltd bought a new stake in shares of Sezzle during the 2nd quarter worth $544,000. Finally, Bank of New York Mellon Corp bought a new position in Sezzle in the 2nd quarter worth $611,000. 2.02% of the stock is currently 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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