Sezzle Inc. (NASDAQ:SEZL) Director Kyle M. Brehm Acquires 110 Shares

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Kyle M. Brehm acquired 110 shares of Sezzle stock in a transaction dated Thursday, December 5th. The stock was purchased at an average cost of $360.00 per share, for a total transaction of $39,600.00. Following the completion of the purchase, the director now owns 3,718 shares in the company, valued at approximately $1,338,480. The trade was a 3.05 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Sezzle Stock Down 2.9 %

SEZL traded down $10.89 during midday trading on Friday, hitting $362.23. The company had a trading volume of 81,491 shares, compared to its average volume of 90,210. The stock's 50 day moving average price is $279.36 and its 200 day moving average price is $164.49. Sezzle Inc. has a 52 week low of $10.72 and a 52 week high of $477.52. The company has a market capitalization of $2.03 billion, a price-to-earnings ratio of 39.69 and a beta of 9.23. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54.

Institutional Investors Weigh In On Sezzle

Hedge funds and other institutional investors have recently made changes to their positions in the business. Covestor Ltd bought a new position in shares of Sezzle in the third quarter valued at approximately $38,000. SG Americas Securities LLC bought a new position in Sezzle during the 3rd quarter valued at $165,000. Wilmington Savings Fund Society FSB purchased a new position in Sezzle during the 3rd quarter worth $188,000. Rhumbline Advisers purchased a new stake in shares of Sezzle in the second quarter valued at about $203,000. Finally, MetLife Investment Management LLC lifted its position in shares of Sezzle by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,446 shares of the company's stock valued at $247,000 after purchasing an additional 815 shares in the last quarter. 2.02% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Northland Securities upped their price target on shares of Sezzle from $185.00 to $300.00 and gave the company an "outperform" rating in a research report on Friday, November 8th. B. Riley upped their target price on Sezzle from $132.00 to $163.00 and gave the company a "buy" rating in a research report on Friday, August 23rd.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.