Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 4,426 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $165.19, for a total transaction of $731,130.94. Following the completion of the sale, the chief financial officer directly owned 312,505 shares of the company’s stock, valued at $51,622,700.95. The trade was a 1.40% 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.
Lee Dickson Brading also recently made the following trade(s):
- On Friday, June 26th, Lee Dickson Brading sold 5,574 shares of Sezzle stock. The stock was sold at an average price of $169.55, for a total transaction of $945,071.70.
- On Thursday, June 18th, Lee Dickson Brading sold 3,920 shares of Sezzle stock. The stock was sold at an average price of $160.65, for a total value of $629,748.00.
Sezzle Stock Up 2.1%
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. The company has a market capitalization of $5.89 billion, a price-to-earnings ratio of 41.61 and a beta of 6.69. Sezzle Inc. has a one year low of $49.50 and a one year high of $186.74. The stock has a 50-day simple moving average of $118.06 and a 200 day simple moving average of $85.97.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on SEZL shares. Keefe, Bruyette & Woods upped their price target on Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Freedom Capital upgraded shares of Sezzle to a “hold” rating in a research note on Wednesday, June 24th. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Oppenheimer cut shares of Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday. Finally, Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Sezzle presently has an average rating of “Moderate Buy” and an average price target of $125.00.
Read Our Latest Stock Analysis on Sezzle
Institutional Investors Weigh In On Sezzle
Several institutional investors have recently bought and sold shares of SEZL. Accredited Investors Inc. acquired a new position in Sezzle during the 4th quarter valued at about $57,955,000. Divisadero Street Capital Management LP boosted its stake in Sezzle by 64.7% during the 3rd quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock valued at $118,867,000 after purchasing an additional 587,129 shares in the last quarter. Man Group plc bought a new stake in shares of Sezzle in the 3rd quarter worth $25,005,000. Price T Rowe Associates Inc. MD raised its stake in shares of Sezzle by 213.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 378,185 shares of the company’s stock worth $24,004,000 after buying an additional 257,659 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of Sezzle by 296.1% in the first quarter. Bank of America Corp DE now owns 326,063 shares of the company’s stock valued at $20,637,000 after buying an additional 243,747 shares during the period. Institutional investors and hedge funds 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.
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