Insider Buying: Sezzle Inc. (NASDAQ:SEZL) Director Acquires 106 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm bought 106 shares of the stock in a transaction on Wednesday, November 20th. The stock was purchased at an average price of $402.00 per share, for a total transaction of $42,612.00. Following the completion of the purchase, the director now directly owns 3,608 shares in the company, valued at approximately $1,450,416. This represents a 3.03 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sezzle Price Performance

SEZL traded up $55.93 during trading on Thursday, reaching $446.05. The stock had a trading volume of 164,694 shares, compared to its average volume of 89,246. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40. The business has a 50-day moving average of $223.31 and a 200-day moving average of $138.31. Sezzle Inc. has a one year low of $9.75 and a one year high of $461.15. The stock has a market cap of $2.50 billion, a PE ratio of 49.06 and a beta of 8.49.

Wall Street Analyst Weigh In

SEZL has been the topic of a number of recent analyst reports. Northland Securities increased their price objective on Sezzle from $185.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. B. Riley lifted their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd.

Institutional Trading of Sezzle

Several hedge funds and other institutional investors have recently bought and sold shares of SEZL. Vanguard Group Inc. bought a new stake in shares of Sezzle in the 1st quarter worth approximately $13,369,000. Charles Schwab Investment Management Inc. grew 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 buying an additional 13,383 shares during the last quarter. Navellier & Associates Inc. bought a new stake in Sezzle in the third quarter valued at approximately $1,217,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter worth approximately $611,000. Finally, XTX Topco Ltd purchased a new position in shares of Sezzle in the second quarter worth $544,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Sezzle Company Profile

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.