Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Kyle M. Brehm bought 106 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The shares were acquired at an average cost of $402.00 per share, with a total value of $42,612.00. Following the transaction, the director now owns 3,608 shares in the company, valued at approximately $1,450,416. This represents a 3.03 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Sezzle Stock Down 0.9 %
Shares of SEZL traded down $4.03 during mid-day trading on Friday, reaching $442.02. 47,677 shares of the stock traded hands, compared to its average volume of 89,068. The stock has a fifty day simple moving average of $229.26 and a 200 day simple moving average of $140.46. Sezzle Inc. has a 12-month low of $9.75 and a 12-month high of $470.00. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 47.88 and a beta of 8.49.
Wall Street Analyst Weigh In
Missed Nvidia? Watch this ASAP
From Brownstone Research | Ad
This little-known project that Bill Gates has been quietly working on that’s about to unleash an AI breakthrough so advanced, it’s going to make ChatGPT look like VHS.
But what’s even more unbelievable?
I believe it’ll make Nvidia’s meteoric rise look like a backyard bottle rocket.
Click here and I’ll tell you everything you need to know.
A number of equities analysts have recently commented on SEZL shares. B. Riley raised their target price on shares of Sezzle from $132.00 to $163.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. Northland Securities raised their price objective on Sezzle from $185.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, November 8th.
Read Our Latest Stock Analysis on SEZL
Hedge Funds Weigh In On Sezzle
Institutional investors have recently added to or reduced their stakes in the company. Virtu Financial LLC purchased a new position in shares of Sezzle during the 3rd quarter valued at approximately $276,000. Barclays PLC grew its holdings in shares of Sezzle by 125.4% during the third quarter. Barclays PLC now owns 4,515 shares of the company's stock valued at $771,000 after purchasing an additional 2,512 shares during the last quarter. Jane Street Group LLC acquired a new stake in Sezzle in the third quarter worth $292,000. State Street Corp increased its holdings in shares of Sezzle by 3.5% in the 3rd quarter. State Street Corp now owns 49,362 shares of the company's stock worth $8,421,000 after acquiring an additional 1,683 shares during the period. Finally, Verition Fund Management LLC bought a new stake in shares of Sezzle during the third quarter valued at approximately $274,000. Institutional investors and hedge funds own 2.02% of the company's stock.
About Sezzle
(
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
