Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 5,574 shares of the stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $169.55, for a total transaction of $945,071.70. Following the transaction, the chief financial officer directly owned 306,931 shares of the company’s stock, valued at $52,040,151.05. The trade was a 1.78% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed 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 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 stock was sold at an average price of $160.65, for a total value of $629,748.00.
Sezzle Trading Up 0.5%
SEZL opened at $171.63 on Wednesday. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $186.74. The business has a fifty day simple moving average of $116.27 and a 200-day simple moving average of $85.26. The firm has a market cap of $5.77 billion, a P/E ratio of 40.77 and a beta of 6.96. The company has a quick ratio of 3.65, a current ratio of 3.65 and a debt-to-equity ratio of 0.73.
Analysts Set New Price Targets
A number of analysts have issued reports on SEZL shares. Keefe, Bruyette & Woods boosted their price target on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Oppenheimer lowered shares of Sezzle from an “outperform” rating to a “market perform” rating in a research note on Monday. TD Cowen reaffirmed a “hold” rating on shares of Sezzle in a research note on Thursday, May 7th. Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a report on Thursday, May 7th. Finally, Zacks Research raised shares of Sezzle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. One investment 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 company’s stock. Based on data from MarketBeat.com, Sezzle has a consensus rating of “Moderate Buy” and a consensus price target of $136.00.
Read Our Latest Research Report on Sezzle
Institutional Trading of Sezzle
A number of hedge funds and other institutional investors have recently bought and sold shares of SEZL. Royal Bank of Canada boosted its position in shares of Sezzle by 429.0% during the 1st quarter. Royal Bank of Canada now owns 132,361 shares of the company’s stock worth $4,618,000 after acquiring an additional 107,340 shares in the last quarter. AQR Capital Management LLC raised 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 acquiring an additional 33,776 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Sezzle by 2,241.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company’s stock worth $1,078,000 after purchasing an additional 29,586 shares during the last quarter. Millennium Management LLC lifted its stake in Sezzle by 321.7% during the first quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock worth $4,031,000 after purchasing an additional 88,127 shares during the last quarter. Finally, Goldman Sachs Group Inc. boosted its holdings in Sezzle by 1,068.2% in the first quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company’s stock valued at $5,913,000 after purchasing an additional 154,978 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.
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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