Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Paradis sold 26,400 shares of Sezzle stock in a transaction dated 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 transaction, the director owned 416,195 shares of the company’s stock, valued at approximately $67,153,063.25. The trade was a 5.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 stock was sold at an average price of $133.47, for a total value of $3,523,608.00.
- 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 transaction of $19,354.04.
- On Thursday, May 7th, Paul Paradis sold 25,439 shares of Sezzle stock. The shares were sold at an average price of $103.30, for a total value of $2,627,848.70.
Sezzle Trading Down 3.1%
NASDAQ SEZL traded down $4.86 during trading hours on Tuesday, hitting $151.61. 700,042 shares of the company’s stock were exchanged, compared to its average volume of 752,016. The business’s 50 day moving average is $104.81 and its 200-day moving average 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. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $186.74. The firm has a market capitalization of $5.10 billion, a P/E ratio of 36.01 and a beta of 6.96.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on SEZL shares. Weiss Ratings raised Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. B. Riley Financial reiterated a “buy” rating and set a $141.00 target price (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. Needham & Company LLC reiterated a “buy” rating and set a $166.00 price objective (up from $132.00) on shares of Sezzle in a research note on Thursday, June 18th. Northland Securities set a $160.00 price objective on shares of Sezzle and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Finally, Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Sezzle has a consensus rating of “Moderate Buy” and a consensus target price of $134.57.
Check Out Our Latest Stock Report on Sezzle
Hedge Funds Weigh In On Sezzle
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Accredited Investors Inc. purchased a new stake in Sezzle during the 4th quarter worth approximately $57,955,000. Divisadero Street Capital Management LP boosted its stake in shares of 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 buying an additional 587,129 shares during the last quarter. Man Group plc purchased a new position in shares of Sezzle during the 3rd quarter valued at approximately $25,005,000. Price T Rowe Associates Inc. MD grew its position in shares of Sezzle by 213.8% during the fourth 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 increased its stake 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 worth $20,637,000 after buying an additional 243,747 shares during the last quarter. 2.02% of the stock is owned by hedge funds and other institutional investors.
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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