Sezzle Inc. (NASDAQ:SEZL – Get Free Report) SVP Justin Krause sold 11,822 shares of the business’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $106.46, for a total transaction of $1,258,570.12. Following the completion of the sale, the senior vice president directly owned 67,635 shares of the company’s stock, valued at $7,200,422.10. The trade was a 14.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Justin Krause also recently made the following trade(s):
- On Tuesday, March 3rd, Justin Krause sold 1,404 shares of Sezzle stock. The stock was sold at an average price of $71.38, for a total transaction of $100,217.52.
Sezzle Stock Performance
Shares of NASDAQ SEZL traded up $4.77 during midday trading on Monday, hitting $101.11. The company’s stock had a trading volume of 607,326 shares, compared to its average volume of 792,541. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.65 and a current ratio of 3.65. Sezzle Inc. has a 1-year low of $49.50 and a 1-year high of $186.74. The firm’s fifty day moving average price is $72.33 and its 200-day moving average price is $68.20. The firm has a market cap of $3.42 billion, a P/E ratio of 24.02 and a beta of 6.91.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on SEZL shares. TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research report on Thursday. Keefe, Bruyette & Woods increased their target price on Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a research report on Thursday. Zacks Research lowered Sezzle from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 28th. UBS Group set a $76.00 target price on Sezzle in a research report on Tuesday, February 17th. Finally, Needham & Company LLC increased their target price on Sezzle from $94.00 to $122.00 and gave the stock a “buy” rating in a research report on Thursday. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $118.00.
Get Our Latest Research Report on Sezzle
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the company. Vestcor Inc acquired a new position in Sezzle during the 3rd quarter valued at about $29,000. Covestor Ltd boosted its stake in Sezzle by 109.4% during the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares during the period. Empowered Funds LLC acquired a new position in Sezzle during the 4th quarter valued at about $33,000. Strengthening Families & Communities LLC acquired a new position in Sezzle during the 4th quarter valued at about $49,000. Finally, Sunbelt Securities Inc. acquired a new position in Sezzle during the 3rd quarter valued at about $52,000. 2.02% of the stock is owned by institutional investors and hedge funds.
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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