Barclays PLC Boosts Stock Holdings in Sezzle Inc. (NASDAQ:SEZL)

Barclays PLC increased its holdings in Sezzle Inc. (NASDAQ:SEZL - Free Report) by 125.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,515 shares of the company's stock after purchasing an additional 2,512 shares during the quarter. Barclays PLC owned approximately 0.08% of Sezzle worth $771,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SEZL. Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the 2nd quarter valued at about $611,000. Rhumbline Advisers bought a new stake in Sezzle in the second quarter valued at approximately $203,000. XTX Topco Ltd bought a new position in Sezzle during the 2nd quarter worth approximately $544,000. Divisadero Street Capital Management LP bought a new position in Sezzle during the second quarter worth $356,000. Finally, SG Americas Securities LLC acquired a new position in Sezzle in the third quarter valued at $165,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Sezzle Stock Up 1.1 %

Sezzle stock traded up $2.94 during mid-day trading on Thursday, reaching $262.51. The stock had a trading volume of 274,523 shares, compared to its average volume of 143,423. The firm has a market capitalization of $1.47 billion, a PE ratio of 27.93 and a beta of 9.72. Sezzle Inc. has a fifty-two week low of $20.83 and a fifty-two week high of $477.52. The stock's 50-day simple moving average is $327.29 and its 200-day simple moving average is $204.76. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40.

Insider Buying and Selling

In related news, Director Kyle M. Brehm acquired 110 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $360.00 per share, with a total value of $39,600.00. Following the completion of the purchase, the director now directly owns 3,718 shares in the company, valued at $1,338,480. This trade represents a 3.05 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul Paradis sold 4,026 shares of the firm'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 transaction, the director now owns 68,846 shares in the company, valued at $27,538,400. This represents a 5.52 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 7,707 shares of company stock worth $3,210,207 in the last ninety days. Corporate insiders own 57.65% of the company's stock.

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.