Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm Purchases 106 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm purchased 106 shares of the stock in a transaction dated Wednesday, November 20th. The shares were bought at an average price of $402.00 per share, with a total value of $42,612.00. Following the completion of the acquisition, the director now directly owns 3,608 shares of the company’s stock, valued at approximately $1,450,416. This represents a 3.03 % increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Sezzle Stock Up 4.0 %

Shares of SEZL opened at $463.98 on Friday. The stock’s 50-day moving average price is $235.54 and its two-hundred day moving average price is $143.33. Sezzle Inc. has a 12 month low of $9.75 and a 12 month high of $477.52. The company has a market capitalization of $2.60 billion, a PE ratio of 49.36 and a beta of 8.49. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Northland Securities increased their target price on Sezzle from $185.00 to $300.00 and gave the company 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.

Hedge Funds Weigh In On Sezzle

A number of hedge funds and other institutional investors have recently made changes to their positions in SEZL. Vanguard Group Inc. bought a new position in Sezzle during the 1st quarter worth approximately $13,369,000. State Street Corp boosted its stake in shares of Sezzle by 3.5% in the 3rd quarter. State Street Corp now owns 49,362 shares of the company’s stock valued at $8,421,000 after purchasing an additional 1,683 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Sezzle by 191.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock worth $3,474,000 after buying an additional 13,383 shares during the period. Navellier & Associates Inc. bought a new position in Sezzle during the third quarter worth $1,217,000. Finally, Bank of New York Mellon Corp acquired a new position in Sezzle in the second quarter valued at $611,000. 2.02% of the stock is owned by institutional investors and hedge funds.

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.