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

Sezzle Inc. (NASDAQ:SEZL) Director Paul Paradis sold 4,026 shares of Sezzle stock in a transaction dated 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 transaction, the director now owns 68,846 shares of the company’s stock, valued at approximately $27,538,400. The trade was a 5.52 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Sezzle Stock Performance

Shares of SEZL opened at $390.12 on Thursday. The company has a 50-day moving average of $223.31 and a two-hundred day moving average of $138.31. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54. The stock has a market cap of $2.19 billion, a P/E ratio of 41.50 and a beta of 8.49. Sezzle Inc. has a 12-month low of $9.75 and a 12-month high of $454.16.

Hedge Funds Weigh In On Sezzle

A number of institutional investors have recently modified their holdings of SEZL. Covestor Ltd acquired a new position in shares of Sezzle in the third quarter valued at approximately $38,000. SG Americas Securities LLC purchased a new stake in Sezzle in the third quarter valued at approximately $165,000. Rhumbline Advisers purchased a new stake in Sezzle in the second quarter valued at approximately $203,000. MetLife Investment Management LLC grew its holdings 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 during the period. Finally, Verition Fund Management LLC purchased a new stake in Sezzle in the third quarter valued at approximately $274,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

SEZL has been the subject of a number of research reports. Northland Securities lifted their target price 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 lifted their target price on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.

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.