Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Paradis sold 26,400 shares of Sezzle stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $161.35, for a total transaction of $4,259,640.00. Following the sale, the director owned 416,195 shares in the company, valued at $67,153,063.25. This represents a 5.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paul Paradis also recently made the following trade(s):
- On Friday, June 12th, Paul Paradis sold 26,400 shares of Sezzle stock. The shares were sold at an average price of $133.47, for a total transaction of $3,523,608.00.
- On Friday, May 8th, Paul Paradis sold 193 shares of Sezzle stock. The shares were sold at an average price of $100.28, for a total value of $19,354.04.
- On Thursday, May 7th, Paul Paradis sold 25,439 shares of Sezzle stock. The stock was sold at an average price of $103.30, for a total value of $2,627,848.70.
Sezzle Stock Performance
NASDAQ SEZL traded down $4.86 on Tuesday, reaching $151.61. The stock had a trading volume of 700,042 shares, compared to its average volume of 752,016. The stock has a market cap of $5.10 billion, a P/E ratio of 36.01 and a beta of 6.96. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $186.74. The business’s 50-day moving average price is $104.81 and its 200 day moving average price is $81.18. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.65 and a current ratio of 3.65.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the company. Vestcor Inc purchased a new stake in shares of Sezzle during the 3rd quarter worth $29,000. Covestor Ltd increased its holdings in shares of Sezzle by 109.4% in the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock valued at $31,000 after purchasing an additional 256 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of Sezzle in the fourth quarter valued at about $33,000. Sunbelt Securities Inc. purchased a new stake in Sezzle during the third quarter worth about $52,000. Finally, Strengthening Families & Communities LLC purchased a new stake in Sezzle during the fourth quarter worth about $49,000. 2.02% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
SEZL has been the topic of a number of research reports. Northland Securities set a $160.00 price target on Sezzle and gave the stock an “outperform” rating in a report on Thursday, June 18th. TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research report on Thursday, May 7th. Zacks Research upgraded Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Needham & Company LLC reissued a “buy” rating and issued a $166.00 target price (up from $132.00) on shares of Sezzle in a report on Thursday, June 18th. Finally, Weiss Ratings upgraded Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.57.
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.
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