Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Paradis sold 4,026 shares of the stock in a transaction dated Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the transaction, the director now owns 68,846 shares in the company, valued at $27,538,400. This trade represents a 5.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Sezzle Price Performance
SEZL opened at $425.88 on Wednesday. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. The stock's 50 day simple moving average is $218.31 and its 200 day simple moving average is $136.54. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 45.31 and a beta of 8.49. Sezzle Inc. has a 1 year low of $9.75 and a 1 year high of $454.16.
Analyst Ratings Changes
SEZL has been the topic of a number of recent research reports. B. Riley increased their price target on shares of Sezzle from $132.00 to $163.00 and gave the company a "buy" rating in a research report on Friday, August 23rd. Northland Securities lifted their target price on shares of Sezzle from $185.00 to $300.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th.
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Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in SEZL. Vanguard Group Inc. purchased a new stake in Sezzle during the 1st quarter valued at $13,369,000. Charles Schwab Investment Management Inc. raised its stake in shares of Sezzle by 191.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company's stock valued at $3,474,000 after acquiring an additional 13,383 shares during the last quarter. Navellier & Associates Inc. purchased a new stake in shares of Sezzle during the third quarter worth about $1,217,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the second quarter worth about $611,000. Finally, XTX Topco Ltd purchased a new position in Sezzle during the 2nd quarter valued at about $544,000. Institutional investors own 2.02% of the company's stock.
Sezzle Company Profile
(
Get Free Report)
Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.
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