Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 3,000 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Paradis sold 3,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 22nd. The shares were sold at an average price of $135.34, for a total value of $406,020.00. Following the transaction, the director owned 254,000 shares of the company's stock, valued at $34,376,360. This represents a 1.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, July 8th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $182.03, for a total value of $546,090.00.
• 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 value of $528,240.00.
• On Tuesday, June 24th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $148.62, for a total value of $445,860.00.
• On Tuesday, June 17th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $146.00, for a total value of $438,000.00.
• On Tuesday, May 27th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $108.22, for a total value of $324,660.00.
• On Tuesday, May 13th, Paul Paradis sold 29,200 shares of Sezzle stock. The shares were sold at an average price of $90.51, for a total value of $2,642,892.00.
• On Tuesday, May 13th, Paul Paradis sold 50,000 shares of Sezzle stock. The shares were sold at an average price of $90.53, for a total value 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 value of $1,350,000.00.

Sezzle Stock Up 6.9%

Shares of SEZL traded up $9.70 during trading hours on Friday, hitting $150.42. The company had a trading volume of 1,010,745 shares, compared to its average volume of 1,016,849. The company has a market capitalization of $5.01 billion, a PE ratio of 50.81 and a beta of 9.16. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.56. Sezzle Inc. has a one year low of $11.67 and a one year high of $186.74. The company's fifty day moving average price is $136.73 and its two-hundred day moving average price is $76.76.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Oppenheimer boosted their price target on Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a report on Wednesday, July 2nd. Wall Street Zen lowered Sezzle from a "strong-buy" rating to a "buy" rating in a report on Thursday, May 22nd.

Hedge Funds Weigh In On Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Sezzle by 497.6% during the first quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company's stock worth $35,368,000 after purchasing an additional 844,084 shares during the last quarter. Driehaus Capital Management LLC raised its holdings in shares of Sezzle by 497.8% during the first quarter. Driehaus Capital Management LLC now owns 327,276 shares of the company's stock worth $11,419,000 after purchasing an additional 272,530 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Sezzle by 719.1% during the first 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. Goldman Sachs Group Inc. raised its holdings in shares of Sezzle by 1,068.2% during the first 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. Finally, Royal Bank of Canada raised its holdings in shares of Sezzle by 429.0% during the first quarter. Royal Bank of Canada now owns 132,361 shares of the company's stock worth $4,618,000 after purchasing an additional 107,340 shares during the last quarter. 2.02% of the stock is owned by hedge funds and other institutional investors.

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.