Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 6,618 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 6,618 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $157.87, for a total value of $1,044,783.66. Following the transaction, the director now owns 120,047 shares in the company, valued at approximately $18,951,819.89. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

• 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 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 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 value of $852,941.76.
• On Friday, August 30th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The stock was 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.
• 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 transaction 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.
• On Wednesday, August 21st, Paul Martin Purcell sold 15,000 shares of Sezzle stock. The stock was sold at an average price of $133.42, for a total value of $2,001,300.00.

Sezzle Price Performance

Shares of NASDAQ SEZL traded up $2.87 during mid-day trading on Friday, reaching $163.02. 27,797 shares of the company traded hands, compared to its average volume of 83,614. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. The stock has a fifty day simple moving average of $113.89 and a 200-day simple moving average of $85.93. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $166.18. The firm has a market cap of $912.91 million and a PE ratio of 70.24.

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, beating the consensus estimate of $0.84 by $1.33. The company had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. Equities research analysts anticipate that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. acquired a new stake in Sezzle during the 1st quarter worth about $13,369,000. Bank of New York Mellon Corp purchased a new position in Sezzle during the second quarter valued at approximately $611,000. XTX Topco Ltd purchased a new position in Sezzle during the second quarter valued at approximately $544,000. Divisadero Street Capital Management LP acquired a new position in Sezzle in the 2nd quarter valued at approximately $356,000. Finally, Rhumbline Advisers purchased a new position in shares of Sezzle during the 2nd quarter valued at $203,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on SEZL shares. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. B. Riley lifted their price objective on shares of Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Finally, Northland Securities restated an “outperform” rating and issued a $150.00 target price (up previously from $119.00) on shares of Sezzle in a research report on Thursday, August 29th.

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.