Sezzle Inc. (NASDAQ:SEZL – Get Free Report) SVP Justin Krause sold 11,822 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $106.46, for a total transaction of $1,258,570.12. Following the transaction, the senior vice president directly owned 67,635 shares in the company, valued at $7,200,422.10. The trade was a 14.88% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Justin Krause also recently made the following trade(s):
- On Tuesday, March 3rd, Justin Krause sold 1,404 shares of Sezzle stock. The stock was sold at an average price of $71.38, for a total transaction of $100,217.52.
Sezzle Stock Down 1.5%
SEZL stock opened at $99.63 on Wednesday. The company has a 50 day moving average price of $73.87 and a two-hundred day moving average price of $68.71. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.65 and a current ratio of 3.65. The stock has a market capitalization of $3.35 billion, a P/E ratio of 23.67 and a beta of 6.91. Sezzle Inc. has a one year low of $49.50 and a one year high of $186.74.
Hedge Funds Weigh In On Sezzle
Hedge funds and other institutional investors have recently modified their holdings of the company. Royal Bank of Canada grew its holdings 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 purchasing an additional 107,340 shares during the period. AQR Capital Management LLC grew its stake in Sezzle by 3,973.6% during the first 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Sezzle by 2,241.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,906 shares of the company’s stock worth $1,078,000 after acquiring an additional 29,586 shares in the last quarter. Millennium Management LLC increased its position in shares of Sezzle by 321.7% in the first quarter. Millennium Management LLC now owns 115,525 shares of the company’s stock worth $4,031,000 after acquiring an additional 88,127 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised 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 valued at $5,913,000 after acquiring an additional 154,978 shares during the period. 2.02% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Sezzle
Here are the key news stories impacting Sezzle this week:
- Positive Sentiment: Sezzle said a court will allow its core monopolization and restraint-of-trade claims against Shopify to proceed, which could improve investor sentiment around the company’s lawsuit and potential competitive position. Article: Sezzle Provides Update on Antitrust Case Against Shopify
- Positive Sentiment: Sezzle secured a new $300 million receivables funding facility, doubling prior committed capacity and lowering its cost of capital, which supports growth and may improve profitability. Article: Sezzle Secures $300 Million Credit Facility – Expanding Capacity and Lowering Cost of Capital
- Positive Sentiment: The company’s latest earnings beat expectations, with revenue and EPS both topping estimates and revenue rising 29.2% year over year, reinforcing the bull case for its buy-now-pay-later growth model.
- Neutral Sentiment: Analysts remain mixed but constructive overall, with a consensus “Moderate Buy” rating and an average price target above the current trading level.
- Neutral Sentiment: Recent insider sales by Director Paul Paradis and SVP Justin Krause were disclosed, but the trades were made under pre-arranged 10b5-1 plans and were relatively small versus their holdings.
- Negative Sentiment: Pomerantz LLP announced an investor investigation into Sezzle, which can create headline risk and weigh on sentiment even before any formal legal action. Article: INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sezzle Inc. – SEZL
Analyst Upgrades and Downgrades
Several analysts have commented on SEZL shares. Zacks Research cut Sezzle from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 28th. TD Cowen reissued a “hold” rating on shares of Sezzle in a research report 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. Needham & Company LLC increased their price target on shares of Sezzle from $94.00 to $122.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, UBS Group set a $76.00 price target on shares of Sezzle in a report on Tuesday, February 17th. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $118.00.
Check Out Our Latest Analysis on SEZL
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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