Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Paradis sold 26,400 shares of the company’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $133.47, for a total transaction of $3,523,608.00. Following the transaction, the director owned 442,595 shares of the company’s stock, valued at $59,073,154.65. This trade represents a 5.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at 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, 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 shares were sold at an average price of $103.30, for a total value of $2,627,848.70.
Sezzle Trading Up 11.3%
Shares of SEZL stock opened at $163.28 on Friday. The firm has a market capitalization of $5.49 billion, a P/E ratio of 38.78 and a beta of 6.96. Sezzle Inc. has a twelve month low of $49.50 and a twelve month high of $186.74. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73. The stock’s fifty day simple moving average is $101.19 and its 200 day simple moving average is $79.77.
Analyst Ratings Changes
A number of research analysts recently issued reports on SEZL shares. Northland Securities set a $160.00 price objective on shares of Sezzle and gave the company an “outperform” rating in a report on Thursday. Keefe, Bruyette & Woods boosted their target price on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. B. Riley Financial restated a “buy” rating and issued a $141.00 price target (up from $117.00) on shares of Sezzle in a research report on Tuesday, June 2nd. Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.57.
View Our Latest Report on SEZL
Hedge Funds Weigh In On Sezzle
Hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. lifted its stake in shares of Sezzle by 24.1% in the first quarter. Blue Trust Inc. now owns 905 shares of the company’s stock worth $57,000 after acquiring an additional 176 shares during the period. Larson Financial Group LLC increased its position in Sezzle by 35.4% during the 3rd quarter. Larson Financial Group LLC now owns 795 shares of the company’s stock valued at $63,000 after purchasing an additional 208 shares during the period. Allworth Financial LP raised its holdings in Sezzle by 38.5% during the 3rd quarter. Allworth Financial LP now owns 859 shares of the company’s stock worth $68,000 after purchasing an additional 239 shares during the last quarter. Covestor Ltd raised its holdings in Sezzle by 109.4% during the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after purchasing an additional 256 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of Sezzle by 1.1% in the 4th quarter. Commonwealth Equity Services LLC now owns 24,172 shares of the company’s stock worth $1,534,000 after purchasing an additional 256 shares during the period. 2.02% of the stock is currently owned by 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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