Paul Martin Purcell Sells 9,808 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 9,808 shares of Sezzle stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $170.43, for a total transaction of $1,671,577.44. Following the completion of the transaction, the director now owns 91,833 shares of the company’s stock, valued at approximately $15,651,098.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Thursday, September 26th, Paul Martin Purcell sold 809 shares of Sezzle stock. The shares were sold at an average price of $180.21, for a total transaction of $145,789.89.
• On Monday, September 23rd, Paul Martin Purcell sold 1,800 shares of Sezzle stock. The shares were sold at an average price of $165.35, for a total value of $297,630.00.
• On Thursday, September 19th, Paul Martin Purcell sold 6,618 shares of Sezzle stock. The stock was 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 shares were 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 transaction 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 stock was sold at an average price of $135.51, for a total value 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 value 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 value 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 transaction of $496,639.36.

Sezzle Trading Down 4.0 %

NASDAQ SEZL traded down $6.88 during trading on Tuesday, hitting $163.71. 68,323 shares of the company’s stock traded hands, compared to its average volume of 88,010. The stock has a fifty day moving average of $125.71 and a two-hundred day moving average of $91.94. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $185.18. The firm has a market cap of $916.78 million and a P/E ratio of 71.80. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07.

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 the consensus estimate of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. As a group, sell-side analysts expect that Sezzle Inc. will post 6.71 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SEZL. Vanguard Group Inc. purchased a new stake in Sezzle during the 1st quarter valued at $13,369,000. Bank of New York Mellon Corp purchased a new stake in shares of Sezzle during the second quarter worth about $611,000. Rhumbline Advisers bought a new stake in shares of Sezzle in the second quarter worth about $203,000. XTX Topco Ltd purchased a new position in Sezzle during the 2nd quarter valued at about $544,000. Finally, Divisadero Street Capital Management LP bought a new position in Sezzle during the 2nd quarter valued at approximately $356,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SEZL has been the subject of several research reports. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Northland Securities reiterated an “outperform” rating and set a $185.00 price objective (up from $150.00) on shares of Sezzle in a research report on Monday, September 23rd. Finally, B. Riley boosted their target price on Sezzle from $132.00 to $163.00 and gave the stock 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.