Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm Acquires 106 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm purchased 106 shares of the business’s stock in a transaction on Wednesday, November 20th. The shares were purchased at an average cost of $402.00 per share, for a total transaction of $42,612.00. Following the transaction, the director now owns 3,608 shares of the company’s stock, valued at $1,450,416. This trade represents a 3.03 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Sezzle Price Performance

SEZL traded down $4.03 on Friday, hitting $442.02. 47,677 shares of the company were exchanged, compared to its average volume of 89,068. The business’s fifty day moving average is $229.26 and its 200 day moving average is $140.46. The firm has a market capitalization of $2.48 billion, a P/E ratio of 47.88 and a beta of 8.49. Sezzle Inc. has a fifty-two week low of $9.75 and a fifty-two week high of $470.00. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SEZL. Northland Securities raised their price objective 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. B. Riley increased their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.

Institutional Trading of Sezzle

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. purchased a new stake in Sezzle in the 1st quarter valued at approximately $13,369,000. Charles Schwab Investment Management Inc. increased its stake in shares of Sezzle by 191.7% during the 3rd 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. acquired a new stake in shares of Sezzle in the third quarter worth approximately $1,217,000. Bank of New York Mellon Corp purchased a new stake in Sezzle in the second quarter valued at approximately $611,000. Finally, XTX Topco Ltd purchased a new position in Sezzle during the second quarter worth approximately $544,000. Institutional investors and hedge funds 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.