Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Paradis sold 25,439 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $103.30, for a total value of $2,627,848.70. Following the transaction, the director owned 449,956 shares of the company’s stock, valued at approximately $46,480,454.80. The trade was a 5.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paul Paradis also recently made the following trade(s):
- On Friday, May 8th, Paul Paradis sold 193 shares of Sezzle stock. The stock was sold at an average price of $100.28, for a total value of $19,354.04.
- On Tuesday, March 3rd, Paul Paradis sold 5,257 shares of Sezzle stock. The stock was sold at an average price of $71.38, for a total transaction of $375,244.66.
- On Thursday, February 26th, Paul Paradis sold 26,400 shares of Sezzle stock. The stock was sold at an average price of $81.69, for a total transaction of $2,156,616.00.
Sezzle Price Performance
NASDAQ SEZL opened at $99.63 on Wednesday. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $186.74. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.73. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 23.67 and a beta of 6.91. The company has a 50-day moving average price of $73.87 and a two-hundred day moving average price of $68.71.
Hedge Funds Weigh In On Sezzle
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in Sezzle by 429.0% in the 1st quarter. Royal Bank of Canada now owns 132,361 shares of the company’s stock worth $4,618,000 after purchasing an additional 107,340 shares during the period. AQR Capital Management LLC boosted its stake in Sezzle by 3,973.6% in the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company’s stock worth $1,208,000 after purchasing an additional 33,776 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Sezzle by 2,241.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company’s stock worth $1,078,000 after purchasing an additional 29,586 shares during the period. Millennium Management LLC boosted its stake in Sezzle by 321.7% in the 1st quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock worth $4,031,000 after purchasing an additional 88,127 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock worth $5,913,000 after purchasing an additional 154,978 shares during the period. Institutional investors and hedge funds own 2.02% of the company’s stock.
Key Sezzle News
Here are the key news stories impacting Sezzle this week:
- Positive Sentiment: Sezzle said a court will allow its core monopolization and restraint-of-trade claims against Shopify to proceed, which could improve investor sentiment around the company’s lawsuit and potential competitive position. Article: Sezzle Provides Update on Antitrust Case Against Shopify
- Positive Sentiment: Sezzle secured a new $300 million receivables funding facility, doubling prior committed capacity and lowering its cost of capital, which supports growth and may improve profitability. Article: Sezzle Secures $300 Million Credit Facility – Expanding Capacity and Lowering Cost of Capital
- Positive Sentiment: The company’s latest earnings beat expectations, with revenue and EPS both topping estimates and revenue rising 29.2% year over year, reinforcing the bull case for its buy-now-pay-later growth model.
- Neutral Sentiment: Analysts remain mixed but constructive overall, with a consensus “Moderate Buy” rating and an average price target above the current trading level.
- Neutral Sentiment: Recent insider sales by Director Paul Paradis and SVP Justin Krause were disclosed, but the trades were made under pre-arranged 10b5-1 plans and were relatively small versus their holdings.
- Negative Sentiment: Pomerantz LLP announced an investor investigation into Sezzle, which can create headline risk and weigh on sentiment even before any formal legal action. Article: INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sezzle Inc. – SEZL
Analyst Upgrades and Downgrades
SEZL has been the subject of several research reports. Keefe, Bruyette & Woods raised their target price on Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Zacks Research cut Sezzle from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 28th. Needham & Company LLC raised their target price on Sezzle from $94.00 to $122.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Weiss Ratings raised Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. Finally, TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, Sezzle has an average rating of “Moderate Buy” and an average target price of $118.00.
Check Out Our Latest Research 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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