Sezzle Inc. (NASDAQ:SEZL – Get Free Report) COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $187.00, for a total value of $280,500.00. Following the completion of the sale, the chief operating officer now owns 48,360 shares in the company, valued at approximately $9,043,320. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Amin Sabzivand also recently made the following trade(s):
- On Thursday, September 12th, Amin Sabzivand sold 1,500 shares of Sezzle stock. The shares were sold at an average price of $147.10, for a total value of $220,650.00.
Sezzle Stock Up 1.2 %
Shares of NASDAQ:SEZL opened at $203.18 on Thursday. The business has a 50-day moving average price of $147.11 and a 200 day moving average price of $99.89. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $203.81. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 28.98 and a beta of 8.93. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.
Analyst Upgrades and Downgrades
Several research firms have commented on SEZL. B. Riley upped 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. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Northland Securities reaffirmed an “outperform” rating and issued a $185.00 target price (up from $150.00) on shares of Sezzle in a research note on Monday, September 23rd.
Read Our Latest Research Report on SEZL
Hedge Funds Weigh In On Sezzle
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. purchased a new position in Sezzle during the 1st quarter valued at about $13,369,000. Bank of New York Mellon Corp purchased a new position in shares of Sezzle in the 2nd quarter valued at about $611,000. XTX Topco Ltd purchased a new position in shares of Sezzle in the 2nd quarter valued at about $544,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle in the 2nd quarter valued at about $356,000. Finally, Rhumbline Advisers purchased a new position in shares of Sezzle in the 2nd quarter valued at about $203,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.
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.
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