Sezzle Inc. (NASDAQ:SEZL) CFO Karen Hartje Sells 5,484 Shares

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) CFO Karen Hartje sold 5,484 shares of the firm's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $168.02, for a total transaction of $921,421.68. Following the completion of the sale, the chief financial officer owned 126,846 shares of the company's stock, valued at approximately $21,312,664.92. This trade represents a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Karen Hartje also recently made the following trade(s):

• On Thursday, May 8th, Karen Hartje sold 311,196 shares of Sezzle stock. The shares were sold at an average price of $71.83, for a total transaction of $22,353,208.68.

Sezzle Stock Performance

Shares of NASDAQ SEZL traded down $14.35 during midday trading on Friday, reaching $134.28. The company had a trading volume of 1,171,563 shares, compared to its average volume of 838,949. The company has a current ratio of 2.62, a quick ratio of 2.62 and a debt-to-equity ratio of 0.56. The business's 50-day simple moving average is $123.92 and its 200 day simple moving average is $70.28. Sezzle Inc. has a 1 year low of $11.67 and a 1 year high of $186.74. The stock has a market cap of $4.47 billion, a P/E ratio of 45.65 and a beta of 9.16.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. 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. Hedge funds and other institutional investors own 2.02% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SEZL. Oppenheimer raised their target price 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 report on Thursday, May 22nd.

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.