Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $178.23, for a total value of $1,782,300.00. Following the completion of the sale, the chief financial officer directly owned 296,931 shares in the company, valued at approximately $52,922,012.13. The trade was a 3.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link. 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 shares were sold at an average price of $169.55, for a total transaction of $945,071.70.
- On Thursday, June 25th, Lee Dickson Brading sold 4,426 shares of Sezzle stock. The shares were 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 transaction of $629,748.00.
Sezzle Trading Down 2.3%
Shares of Sezzle stock traded down $4.19 on Monday, reaching $179.05. The company had a trading volume of 651,083 shares, compared to its average volume of 745,339. 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 firm has a market cap of $6.02 billion, a PE ratio of 42.53 and a beta of 6.70. The firm’s 50 day moving average price is $122.04 and its two-hundred day moving average price is $87.59. Sezzle Inc. has a 52-week low of $49.50 and a 52-week high of $186.74.
Hedge Funds Weigh In On Sezzle
Several institutional investors have recently modified their holdings of SEZL. Divisadero Street Capital Management LP boosted its holdings in shares of Sezzle by 64.7% in the third quarter. Divisadero Street Capital Management LP now owns 1,494,617 shares of the company’s stock valued at $118,867,000 after acquiring an additional 587,129 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Sezzle by 16.9% in the 4th quarter. Vanguard Group Inc. now owns 1,188,883 shares of the company’s stock worth $75,464,000 after purchasing an additional 172,115 shares in the last quarter. Accredited Investors Inc. acquired a new stake in Sezzle during the fourth quarter valued at approximately $57,955,000. State Street Corp boosted its holdings in Sezzle by 59.1% during the fourth quarter. State Street Corp now owns 600,656 shares of the company’s stock worth $38,127,000 after buying an additional 223,052 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in Sezzle by 2.2% in the fourth quarter. Geode Capital Management LLC now owns 489,382 shares of the company’s stock worth $31,068,000 after buying an additional 10,625 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on SEZL shares. Zacks Research upgraded shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Oppenheimer downgraded Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday, June 29th. TD Cowen reiterated a “hold” rating on shares of Sezzle in a report on Thursday, May 7th. Northland Securities set a $170.00 price target on shares of Sezzle in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Sezzle has an average rating of “Moderate Buy” and a consensus target price of $125.00.
View Our Latest Stock Analysis on Sezzle
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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