Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the completion of the transaction, the chief financial officer directly owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This represents a 3.26% decrease in their position. The transaction 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.
Lee Dickson Brading also recently made the following trade(s):
- On Friday, June 26th, Lee Dickson Brading sold 5,574 shares of Sezzle stock. The shares were sold at an average price of $169.55, for a total transaction of $945,071.70.
- On Thursday, June 25th, Lee Dickson Brading sold 4,426 shares of Sezzle stock. The stock was sold at an average price of $165.19, for a total transaction of $731,130.94.
- On Thursday, June 18th, Lee Dickson Brading sold 3,920 shares of Sezzle stock. The shares were sold at an average price of $160.65, for a total value of $629,748.00.
Sezzle Trading Down 0.8%
NASDAQ SEZL opened at $177.63 on Wednesday. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73. The stock’s 50-day simple moving average is $126.01 and its two-hundred day simple moving average is $89.09. Sezzle Inc. has a twelve month low of $49.50 and a twelve month high of $186.74. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 42.19 and a beta of 6.70.
Institutional Trading of Sezzle
Several large investors have recently modified their holdings of SEZL. UBS Group AG lifted its holdings in Sezzle by 113.9% in the 4th quarter. UBS Group AG now owns 114,426 shares of the company’s stock worth $7,263,000 after buying an additional 60,937 shares during the period. State of Alaska Department of Revenue purchased a new position in shares of Sezzle during the fourth quarter valued at approximately $1,017,000. Hussman Strategic Advisors Inc. raised its holdings in shares of Sezzle by 38.9% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 52,500 shares of the company’s stock valued at $3,332,000 after acquiring an additional 14,700 shares in the last quarter. Divisadero Street Capital Management LP raised its holdings in shares of Sezzle by 64.7% during the third quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock valued at $118,867,000 after acquiring an additional 587,129 shares in the last quarter. Finally, Maxi Investments CY Ltd purchased a new stake in Sezzle in the fourth quarter worth $1,270,000. 2.02% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on the stock. Keefe, Bruyette & Woods upped their price objective on shares of Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. TD Cowen upped their price target on shares of Sezzle from $108.00 to $165.00 and gave the company a “hold” rating in a research report on Tuesday. Oppenheimer downgraded Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. Finally, B. Riley Financial restated a “buy” rating and set a $141.00 target price (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $138.83.
Read Our Latest Stock Report on SEZL
About Sezzle
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.
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