Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm Acquires 110 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm acquired 110 shares of Sezzle stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $360.00 per share, for a total transaction of $39,600.00. Following the completion of the purchase, the director now owns 3,718 shares in the company, valued at approximately $1,338,480. The trade was a 3.05 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Sezzle Stock Down 2.9 %

SEZL traded down $10.89 during midday trading on Friday, hitting $362.23. The company had a trading volume of 81,491 shares, compared to its average volume of 90,210. The stock’s 50 day moving average price is $279.36 and its 200 day moving average price is $164.49. Sezzle Inc. has a 52 week low of $10.72 and a 52 week high of $477.52. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 39.69 and a beta of 9.23. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54.

Institutional Investors Weigh In On Sezzle

Hedge funds and other institutional investors have recently made changes to their positions in the business. Covestor Ltd bought a new position in shares of Sezzle in the third quarter valued at approximately $38,000. SG Americas Securities LLC bought a new position in Sezzle during the 3rd quarter valued at $165,000. Wilmington Savings Fund Society FSB purchased a new position in Sezzle during the 3rd quarter worth $188,000. Rhumbline Advisers purchased a new stake in shares of Sezzle in the second quarter valued at about $203,000. Finally, MetLife Investment Management LLC lifted its position in shares of Sezzle by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,446 shares of the company’s stock valued at $247,000 after purchasing an additional 815 shares in the last quarter. 2.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Northland Securities upped their price target on shares of Sezzle from $185.00 to $300.00 and gave the company an “outperform” rating in a research report on Friday, November 8th. B. Riley upped their target price on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd.

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.