Sezzle Inc. (NASDAQ:SEZL – Get Free Report) CFO Lee Dickson Brading sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $178.23, for a total transaction of $1,782,300.00. Following the sale, the chief financial officer directly owned 296,931 shares of the company’s stock, valued at approximately $52,922,012.13. This trade represents a 3.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Friday, June 26th, Lee Dickson Brading sold 5,574 shares of Sezzle stock. The shares were sold at an average price of $169.55, for a total transaction of $945,071.70.
- 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 transaction of $731,130.94.
- On Thursday, June 18th, Lee Dickson Brading sold 3,920 shares of Sezzle stock. The shares were sold at an average price of $160.65, for a total transaction of $629,748.00.
Sezzle Stock Down 2.3%
Sezzle stock traded down $4.19 during trading on Monday, hitting $179.05. 651,083 shares of the company were exchanged, compared to its average volume of 745,339. The company has a market capitalization of $6.02 billion, a P/E ratio of 42.53 and a beta of 6.70. The business’s 50 day moving average is $122.04 and its 200 day moving average is $87.59. Sezzle Inc. has a 52 week low of $49.50 and a 52 week high of $186.74. The company has a current ratio of 3.65, a quick ratio of 3.65 and a debt-to-equity ratio of 0.73.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on SEZL. Weiss Ratings upgraded shares of Sezzle from a “hold (c-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. TD Cowen reiterated a “hold” rating on shares of Sezzle in a research report on Thursday, May 7th. B. Riley Financial reiterated a “buy” rating and issued a $141.00 price objective (up from $117.00) on shares of Sezzle in a report on Tuesday, June 2nd. Needham & Company LLC restated a “buy” rating and issued a $166.00 price objective (up from $132.00) on shares of Sezzle in a report on Thursday, June 18th. Finally, Keefe, Bruyette & Woods upped their price objective on shares of Sezzle from $85.00 to $115.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. One 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 stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $125.00.
Read Our Latest Report on Sezzle
Institutional Trading of Sezzle
Several hedge funds have recently bought and sold shares of the stock. Versant Capital Management Inc boosted its position in shares of Sezzle by 245.9% in the 2nd quarter. Versant Capital Management Inc now owns 256 shares of the company’s stock worth $44,000 after purchasing an additional 182 shares in the last quarter. Vestcor Inc acquired a new position in shares of Sezzle in the 3rd quarter valued at $29,000. Covestor Ltd lifted its position in Sezzle by 109.4% during the 4th quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after acquiring an additional 256 shares during the period. Empowered Funds LLC acquired a new position in shares of Sezzle in the fourth quarter valued at about $33,000. Finally, Sunbelt Securities Inc. purchased a new stake in Sezzle in the third quarter valued at approximately $52,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.
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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