Paul Paradis Sells 3,000 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Paradis sold 3,000 shares of the business's stock in a transaction on Tuesday, July 8th. The shares were sold at an average price of $182.03, for a total transaction of $546,090.00. Following the sale, the director directly owned 260,000 shares in the company, valued at $47,327,800. This trade represents a 1.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Paul Paradis also recently made the following trade(s):

• On Tuesday, July 1st, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $176.08, for a total transaction of $528,240.00.
• On Tuesday, June 24th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was sold at an average price of $148.62, for a total transaction of $445,860.00.
• On Tuesday, June 17th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was sold at an average price of $146.00, for a total transaction of $438,000.00.
• On Tuesday, May 27th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was sold at an average price of $108.22, for a total transaction of $324,660.00.
• On Tuesday, May 13th, Paul Paradis sold 29,200 shares of Sezzle stock. The stock was sold at an average price of $90.51, for a total transaction of $2,642,892.00.
• On Tuesday, May 13th, Paul Paradis sold 50,000 shares of Sezzle stock. The stock was sold at an average price of $90.53, for a total transaction of $4,526,500.00.
• On Thursday, May 8th, Paul Paradis sold 18,000 shares of Sezzle stock. The shares were sold at an average price of $75.00, for a total transaction of $1,350,000.00.

Sezzle Price Performance

SEZL stock traded down $13.90 during trading on Friday, reaching $134.73. 1,678,036 shares of the company were exchanged, compared to its average volume of 842,008. The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.62 and a current ratio of 2.62. The company has a market cap of $4.48 billion, a P/E ratio of 45.52 and a beta of 9.16. The stock's 50 day moving average price is $125.50 and its 200 day moving average price is $71.11. Sezzle Inc. has a 52-week low of $11.67 and a 52-week high of $186.74.

Analysts Set New Price Targets

SEZL has been the subject of several analyst reports. Oppenheimer increased their price target on shares of Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd. Wall Street Zen cut shares of Sezzle from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd.

Hedge Funds Weigh In On Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. Vanguard Group Inc. grew its holdings in Sezzle by 497.6% during the 1st quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company's stock valued at $35,368,000 after purchasing an additional 844,084 shares in the last quarter. Driehaus Capital Management LLC grew its position in shares of Sezzle by 497.8% during the 1st quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company's stock valued at $11,419,000 after buying an additional 272,530 shares during the last quarter. Goldman Sachs Group Inc. grew its position in Sezzle by 1,068.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 169,487 shares of the company's stock worth $5,913,000 after purchasing an additional 154,978 shares during the last quarter. Acadian Asset Management LLC grew its position in Sezzle by 719.1% in the 1st quarter. Acadian Asset Management LLC now owns 173,310 shares of the company's stock worth $6,040,000 after purchasing an additional 152,152 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. bought a new position in Sezzle in the 1st quarter worth about $4,011,000. Institutional investors and hedge funds 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.