Sezzle Inc. (NASDAQ:SEZL) Director Paul Paradis Sells 4,026 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Paradis sold 4,026 shares of the firm’s stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $400.00, for a total transaction of $1,610,400.00. Following the completion of the transaction, the director now directly owns 68,846 shares of the company’s stock, valued at approximately $27,538,400. This trade represents a 5.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Sezzle Stock Performance

NASDAQ SEZL opened at $425.88 on Wednesday. The company’s 50 day simple moving average is $218.31 and its two-hundred day simple moving average is $136.54. The stock has a market capitalization of $2.39 billion, a PE ratio of 45.31 and a beta of 8.49. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. Sezzle Inc. has a 1 year low of $9.75 and a 1 year high of $454.16.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Sezzle

Institutional investors and hedge funds have recently made changes to their positions in the business. Covestor Ltd bought a new position in Sezzle in the 3rd quarter worth about $38,000. SG Americas Securities LLC purchased a new position in shares of Sezzle during the third quarter worth about $165,000. Rhumbline Advisers bought a new position in shares of Sezzle in the second quarter worth approximately $203,000. MetLife Investment Management LLC raised its stake in Sezzle by 129.2% in 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. Finally, Verition Fund Management LLC bought a new stake in Sezzle during the third quarter valued at approximately $274,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

About Sezzle

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.