Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 5,574 shares of Sezzle stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $169.55, for a total value of $945,071.70. Following the completion of the sale, the chief financial officer owned 306,931 shares in the company, valued at approximately $52,040,151.05. This trade represents a 1.78% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Lee Dickson Brading also recently made the following trade(s):
- 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 value 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 Price Performance
Shares of NASDAQ SEZL opened at $175.18 on Thursday. 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 one year low of $49.50 and a one year high of $186.74. The firm has a market capitalization of $5.89 billion, a P/E ratio of 41.61 and a beta of 6.69. The company’s fifty day moving average is $118.06 and its two-hundred day moving average is $85.97.
Analyst Ratings Changes
A number of research firms have recently issued reports on SEZL. B. Riley Financial reiterated a “buy” rating and set a $141.00 price target (up from $117.00) on shares of Sezzle in a research report on Tuesday, June 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $166.00 price objective (up from $132.00) on shares of Sezzle in a research note on Thursday, June 18th. Oppenheimer downgraded Sezzle from an “outperform” rating to a “market perform” rating in a research report on Monday. Zacks Research raised Sezzle from a “hold” rating to a “strong-buy” rating in a report on Wednesday, May 27th. Finally, 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 note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.00.
View Our Latest Report on Sezzle
Institutional Investors Weigh In On Sezzle
Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in Sezzle by 296.1% during the first quarter. Bank of America Corp DE now owns 326,063 shares of the company’s stock worth $20,637,000 after buying an additional 243,747 shares in the last quarter. Edgestream Partners L.P. raised its holdings in shares of Sezzle by 81.6% in the first quarter. Edgestream Partners L.P. now owns 32,269 shares of the company’s stock worth $2,042,000 after acquiring an additional 14,504 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Sezzle by 65.1% in the first quarter. California State Teachers Retirement System now owns 28,262 shares of the company’s stock valued at $1,789,000 after acquiring an additional 11,145 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Sezzle by 10.2% in the first quarter. Royal Bank of Canada now owns 112,957 shares of the company’s stock valued at $7,148,000 after acquiring an additional 10,486 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of Sezzle during the first quarter valued at $1,089,000. 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
- AirJoule Unveils Prime System, Clearing Path to Commercialization
- Copper Stocks Are Getting a Bigger Spotlight as Gold’s Rally Cracks
- Nike Q4 Beat Masks Core Weakness as Analysts Cut Price Targets
- Uber’s Waymo Detour Tests the Stock’s Robotaxi Bull Case
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.
