Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 4,426 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $165.19, for a total value of $731,130.94. Following the transaction, the chief financial officer owned 312,505 shares in the company, valued at $51,622,700.95. The trade was a 1.40% decrease in their ownership of the stock. The transaction 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.
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 shares were sold at an average price of $160.65, for a total transaction of $629,748.00.
Sezzle Stock Up 0.5%
Sezzle stock opened at $171.63 on Wednesday. The company has a market capitalization of $5.77 billion, a PE ratio of 40.77 and a beta of 6.96. Sezzle Inc. has a 12-month low of $49.50 and a 12-month high of $186.74. The firm’s fifty day moving average is $116.27 and its 200 day moving average is $85.26. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on SEZL. Keefe, Bruyette & Woods upped their price target on Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Weiss Ratings upgraded Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research report on Thursday, May 7th. Oppenheimer cut Sezzle from an “outperform” rating to a “market perform” rating in a report on Monday. Finally, Freedom Capital raised shares of Sezzle to a “hold” rating in a research report on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Sezzle presently has a consensus rating of “Moderate Buy” and an average target price of $136.00.
Read Our Latest Report on SEZL
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Sezzle by 429.0% during the first quarter. Royal Bank of Canada now owns 132,361 shares of the company’s stock worth $4,618,000 after purchasing an additional 107,340 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Sezzle by 3,973.6% during the 1st quarter. AQR Capital Management LLC now owns 34,626 shares of the company’s stock worth $1,208,000 after buying an additional 33,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sezzle by 2,241.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company’s stock worth $1,078,000 after buying an additional 29,586 shares in the last quarter. Millennium Management LLC boosted its stake in shares of Sezzle by 321.7% in the 1st quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock worth $4,031,000 after buying an additional 88,127 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock worth $5,913,000 after buying an additional 154,978 shares during the last quarter. 2.02% of the stock is 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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