Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 1,800 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 1,800 shares of the stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $165.35, for a total transaction of $297,630.00. Following the transaction, the director now owns 117,450 shares in the company, valued at $19,420,357.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Paul Martin Purcell also recently made the following trade(s):

• On Thursday, September 19th, Paul Martin Purcell sold 6,618 shares of Sezzle stock. The shares were sold at an average price of $157.87, for a total value of $1,044,783.66.
• On Friday, September 13th, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The stock was sold at an average price of $149.92, for a total value of $749,600.00.
• On Wednesday, September 11th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The shares were sold at an average price of $134.32, for a total value of $1,343,200.00.
• On Monday, September 9th, Paul Martin Purcell sold 8,400 shares of Sezzle stock. The stock was sold at an average price of $131.40, for a total transaction of $1,103,760.00.
• On Thursday, September 5th, Paul Martin Purcell sold 5,712 shares of Sezzle stock. The shares were sold at an average price of $135.51, for a total transaction of $774,033.12.
• On Tuesday, September 3rd, Paul Martin Purcell sold 6,512 shares of Sezzle stock. The stock was sold at an average price of $130.98, for a total transaction of $852,941.76.
• On Friday, August 30th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The shares were sold at an average price of $134.22, for a total transaction of $1,342,200.00.
• On Wednesday, August 28th, Paul Martin Purcell sold 3,808 shares of Sezzle stock. The stock was sold at an average price of $130.42, for a total value of $496,639.36.
• On Monday, August 26th, Paul Martin Purcell sold 500 shares of Sezzle stock. The stock was sold at an average price of $127.12, for a total value of $63,560.00.
• On Friday, August 23rd, Paul Martin Purcell sold 8,731 shares of Sezzle stock. The shares were sold at an average price of $129.43, for a total value of $1,130,053.33.

Sezzle Stock Performance

Shares of NASDAQ:SEZL traded up $11.49 during trading on Tuesday, hitting $175.50. The stock had a trading volume of 44,764 shares, compared to its average volume of 83,777. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $175.50. The stock has a market capitalization of $993.15 million and a price-to-earnings ratio of 76.45. The stock has a 50-day simple moving average of $116.97 and a two-hundred day simple moving average of $87.85.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.84 by $1.33. The company had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. On average, equities research analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SEZL. Vanguard Group Inc. acquired a new stake in Sezzle during the 1st quarter worth about $13,369,000. Divisadero Street Capital Management LP purchased a new stake in shares of Sezzle in the second quarter worth about $356,000. XTX Topco Ltd acquired a new stake in Sezzle during the second quarter worth about $544,000. Bank of New York Mellon Corp purchased a new position in Sezzle during the second quarter valued at approximately $611,000. Finally, Rhumbline Advisers acquired a new position in Sezzle in the second quarter valued at approximately $203,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Northland Securities restated an “outperform” rating and set a $185.00 price objective (up previously from $150.00) on shares of Sezzle in a report on Monday. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, B. Riley lifted their price objective on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd.

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.