Sezzle Inc. (NASDAQ:SEZL – Get Free Report) SVP Justin Krause sold 3,178 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $117.72, for a total value of $374,114.16. Following the transaction, the senior vice president owned 72,457 shares of the company’s stock, valued at approximately $8,529,638.04. The trade was a 4.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Justin Krause also recently made the following trade(s):
- On Thursday, May 7th, Justin Krause sold 11,822 shares of Sezzle stock. The shares were sold at an average price of $106.46, for a total value of $1,258,570.12.
- On Tuesday, March 3rd, Justin Krause sold 1,404 shares of Sezzle stock. The shares were sold at an average price of $71.38, for a total value of $100,217.52.
Sezzle Stock Performance
Shares of Sezzle stock opened at $118.15 on Monday. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 28.06 and a beta of 6.96. The business has a 50-day moving average price of $83.39 and a 200-day moving average price of $72.40. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73. Sezzle Inc. has a twelve month low of $49.50 and a twelve month high of $186.74.
Wall Street Analysts Forecast Growth
Several research analysts recently commented on the company. TD Cowen reiterated a “hold” rating on shares of Sezzle in a research report on Thursday, May 7th. Keefe, Bruyette & Woods lifted their price target on Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Zacks Research upgraded Sezzle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. UBS Group set a $76.00 price target on Sezzle in a research report on Tuesday, February 17th. Finally, Weiss Ratings upgraded Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $118.00.
Get Our Latest Report on Sezzle
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vestcor Inc bought a new stake in Sezzle in the third quarter worth about $29,000. Covestor Ltd lifted its stake in Sezzle by 109.4% in the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares during the last quarter. Empowered Funds LLC bought a new stake in Sezzle in the fourth quarter worth about $33,000. Strengthening Families & Communities LLC bought a new stake in Sezzle in the fourth quarter worth about $49,000. Finally, Sunbelt Securities Inc. bought a new stake in Sezzle in the third quarter worth about $52,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.
Sezzle Company Profile
Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.
Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.
See Also
- Five stocks we like better than Sezzle
- These 3 CLO ETFs Target a Niche Corner of the Fixed-Income Market
- 3 Ways to Play the Data Center Land Grab
- The Smarter Way to Invest in AI Without Taking Extreme Risk
- 3 Dividend Kings That Earn Their Crown Every Quarter
Receive News & Ratings 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.
