SG Americas Securities LLC Boosts Holdings in Sezzle Inc. (NASDAQ:SEZL)

SG Americas Securities LLC grew its position in Sezzle Inc. (NASDAQ:SEZL) by 22.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,184 shares of the company’s stock after purchasing an additional 215 shares during the period. SG Americas Securities LLC’s holdings in Sezzle were worth $303,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Covestor Ltd purchased a new position in Sezzle during the 3rd quarter worth $38,000. Modus Advisors LLC acquired a new stake in Sezzle in the fourth quarter worth about $80,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Sezzle during the third quarter worth about $188,000. MetLife Investment Management LLC increased its holdings in shares of Sezzle by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,446 shares of the company’s stock valued at $247,000 after acquiring an additional 815 shares in the last quarter. Finally, Verition Fund Management LLC purchased a new position in shares of Sezzle in the 3rd quarter valued at approximately $274,000. 2.02% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have issued reports on SEZL. Northland Securities upped their price target on shares of Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. B. Riley restated a “buy” rating and issued a $372.00 target price (up previously from $353.00) on shares of Sezzle in a research note on Thursday, December 19th.

Insider Activity

In related news, CFO Karen Hartje sold 3,457 shares of the business’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total value of $1,093,518.24. Following the completion of the transaction, the chief financial officer now directly owns 35,121 shares in the company, valued at $11,109,474.72. The trade was a 8.96 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kyle M. Brehm purchased 106 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The shares were purchased at an average price of $402.00 per share, for a total transaction of $42,612.00. Following the transaction, the director now owns 3,608 shares of the company’s stock, valued at $1,450,416. This trade represents a 3.03 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 11,164 shares of company stock valued at $4,303,725 in the last quarter. 57.65% of the stock is currently owned by company insiders.

Sezzle Stock Performance

SEZL opened at $240.97 on Wednesday. The firm has a 50 day moving average of $284.09 and a two-hundred day moving average of $218.96. The firm has a market capitalization of $1.35 billion, a PE ratio of 25.64 and a beta of 9.58. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54. Sezzle Inc. has a 12-month low of $37.61 and a 12-month high of $477.52.

Sezzle (NASDAQ:SEZL) last posted its earnings results on Thursday, November 7th. The company reported $2.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $2.03. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. The company had revenue of $69.96 million during the quarter, compared to the consensus estimate of $52.64 million. During the same period in the previous year, the firm posted $0.23 earnings per share. On average, analysts anticipate that Sezzle Inc. will post 9.85 EPS for the current year.

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.