Barclays PLC Buys 2,512 Shares of Sezzle Inc. (NASDAQ:SEZL)

Barclays PLC raised its holdings in shares of Sezzle Inc. (NASDAQ:SEZL - Free Report) by 125.4% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,515 shares of the company's stock after buying an additional 2,512 shares during the period. Barclays PLC owned about 0.08% of Sezzle worth $771,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. boosted its stake in shares of Sezzle by 191.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company's stock worth $3,474,000 after acquiring an additional 13,383 shares in the last quarter. Principal Financial Group Inc. purchased a new stake in shares of Sezzle during the third quarter valued at $548,000. Navellier & Associates Inc. acquired a new position in shares of Sezzle in the 3rd quarter valued at $1,217,000. XTX Topco Ltd purchased a new position in Sezzle in the 2nd quarter worth about $544,000. Finally, MetLife Investment Management LLC raised its holdings in Sezzle by 129.2% during the 3rd quarter. MetLife Investment Management LLC now owns 1,446 shares of the company's stock worth $247,000 after buying an additional 815 shares during the period. Institutional investors and hedge funds own 2.02% of the company's stock.

Insider Buying and Selling

In other news, COO Amin Sabzivand sold 1,500 shares of Sezzle stock in a transaction dated Monday, October 14th. The stock was sold at an average price of $187.00, for a total transaction of $280,500.00. Following the completion of the sale, the chief operating officer now directly owns 48,360 shares in the company, valued at $9,043,320. The trade was a 3.01 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul Paradis sold 4,026 shares of the business's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the completion of the sale, the director now directly 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 disclosure for this sale can be found here. Over the last three months, insiders sold 10,707 shares of company stock worth $3,799,062. 57.65% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on SEZL. B. Riley reiterated a "buy" rating and issued a $372.00 target price (up from $353.00) on shares of Sezzle in a report on Thursday, December 19th. Northland Securities lifted their price objective on shares of Sezzle from $300.00 to $360.00 and gave the stock an "outperform" rating in a research report on Thursday, December 19th.

Sezzle Stock Up 0.3 %

NASDAQ SEZL traded up $0.80 during trading on Wednesday, reaching $255.80. 186,179 shares of the company's stock were exchanged, compared to its average volume of 93,330. The firm has a market capitalization of $1.43 billion, a PE ratio of 27.21 and a beta of 9.23. Sezzle Inc. has a fifty-two week low of $16.23 and a fifty-two week high of $477.52. 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 company's fifty day simple moving average is $320.11 and its 200-day simple moving average is $192.94.

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.