Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Paradis sold 26,400 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $133.47, for a total value of $3,523,608.00. Following the sale, the director directly owned 442,595 shares in the company, 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 Securities & Exchange Commission, 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 stock was 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 stock was sold at an average price of $103.30, for a total value of $2,627,848.70.
Sezzle Stock Up 1.8%
Shares of SEZL opened at $146.73 on Thursday. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 34.85 and a beta of 6.96. Sezzle Inc. has a 1 year low of $49.50 and a 1 year high of $186.74. The business’s 50 day simple moving average is $99.25 and its 200-day simple moving average is $79.06. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.65 and a quick ratio of 3.65.
Hedge Funds Weigh In On Sezzle
Several hedge funds have recently bought and sold shares of SEZL. Bank of America Corp DE lifted its holdings in shares of Sezzle by 296.1% in the 1st 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 period. Edgestream Partners L.P. lifted its holdings in shares of Sezzle by 81.6% in the 1st quarter. Edgestream Partners L.P. now owns 32,269 shares of the company’s stock worth $2,042,000 after buying an additional 14,504 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Sezzle by 65.1% in the 1st quarter. California State Teachers Retirement System now owns 28,262 shares of the company’s stock worth $1,789,000 after buying an additional 11,145 shares during the period. Royal Bank of Canada lifted its holdings in shares of Sezzle by 10.2% in the 1st quarter. Royal Bank of Canada now owns 112,957 shares of the company’s stock worth $7,148,000 after buying an additional 10,486 shares during the period. Finally, Quantinno Capital Management LP purchased a new stake in shares of Sezzle in the 1st quarter worth $1,089,000. Institutional investors own 2.02% of the company’s stock.
Analysts Set New Price Targets
Several research firms have recently weighed in on SEZL. Keefe, Bruyette & Woods boosted their target price on Sezzle from $85.00 to $115.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Needham & Company LLC boosted their target price on Sezzle from $94.00 to $122.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings raised Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. Zacks Research raised Sezzle from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, May 27th. Finally, TD Cowen reissued a “hold” rating on shares of Sezzle in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $123.00.
Check Out 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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