Vanguard Group Inc. purchased a new stake in Sezzle Inc. (NASDAQ:SEZL – Free Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned approximately 2.79% of Sezzle as of its most recent SEC filing.
Separately, Tower Research Capital LLC TRC bought a new position in Sezzle in the 4th quarter valued at about $25,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.
Sezzle Trading Up 6.9 %
SEZL opened at $126.47 on Wednesday. The company has a market cap of $708.23 million and a P/E ratio of 55.47. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. The company’s 50 day moving average is $86.52 and its 200-day moving average is $69.40. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $127.00.
Insider Activity at Sezzle
Analyst Ratings Changes
A number of brokerages have recently weighed in on SEZL. Northland Securities began coverage on shares of Sezzle in a report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 price target for the company. B. Riley initiated coverage on Sezzle in a research note on Wednesday, June 26th. They set a “buy” rating and a $113.00 target price for the company. Finally, Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.
Sezzle Company Profile
Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.
Further Reading
- Five stocks we like better than Sezzle
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Buy On Holdings Stock Before the Market Catches Its Second Wind?
- The 3 Best Retail Stocks to Shop for in August
- 3 High-Potential Stocks That Could Turn Into Multi-Baggers
- What is a buyback in stocks? A comprehensive guide for investors
- CEO Swap: Starbucks Surges 22% on Hiring New CEO From Chipotle
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.