Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells $47,513.55 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 555 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The shares were sold at an average price of $85.61, for a total transaction of $47,513.55. Following the transaction, the director now directly owns 350,158 shares of the company’s stock, valued at approximately $29,977,026.38. The sale 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 Monday, July 29th, Paul Martin Purcell sold 508 shares of Sezzle stock. The shares were sold at an average price of $86.98, for a total value of $44,185.84.
• On Monday, July 22nd, Paul Martin Purcell sold 1,930 shares of Sezzle stock. The stock was sold at an average price of $85.58, for a total value of $165,169.40.
• On Wednesday, July 17th, Paul Martin Purcell sold 600 shares of Sezzle stock. The shares were sold at an average price of $92.03, for a total value of $55,218.00.
• On Monday, July 15th, Paul Martin Purcell sold 739 shares of Sezzle stock. The stock was sold at an average price of $87.30, for a total transaction of $64,514.70.
• On Monday, July 8th, Paul Martin Purcell sold 1,890 shares of Sezzle stock. The stock was sold at an average price of $90.17, for a total transaction of $170,421.30.
• On Wednesday, July 3rd, Paul Martin Purcell sold 12,100 shares of Sezzle stock. The shares were sold at an average price of $89.61, for a total transaction of $1,084,281.00.
• On Monday, July 1st, Paul Martin Purcell sold 4,000 shares of Sezzle stock. The shares were sold at an average price of $89.19, for a total value of $356,760.00.
• On Thursday, June 27th, Paul Martin Purcell sold 23,737 shares of Sezzle stock. The stock was sold at an average price of $86.31, for a total value of $2,048,740.47.
• On Tuesday, June 25th, Paul Martin Purcell sold 8,654 shares of Sezzle stock. The shares were sold at an average price of $82.50, for a total value of $713,955.00.
• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The stock was sold at an average price of $83.35, for a total value of $168,533.70.

Sezzle Trading Up 9.3 %

Shares of Sezzle stock opened at $87.46 on Thursday. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. The company has a fifty day moving average of $82.94 and a 200 day moving average of $65.06. The company has a market capitalization of $495.02 million and a P/E ratio of 38.36. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $100.00.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. The business had revenue of $46.98 million during the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. On average, sell-side analysts anticipate that Sezzle Inc. will post 4.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on SEZL shares. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. B. Riley assumed coverage on shares of Sezzle in a research report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 target price for the company. Finally, Northland Securities initiated coverage on Sezzle in a report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 price target on the stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the 2nd quarter valued at approximately $611,000. Vanguard Group Inc. purchased a new position in Sezzle during the first quarter worth $13,369,000. Finally, Tower Research Capital LLC TRC bought a new position in Sezzle during the fourth quarter valued at $25,000. Institutional investors own 2.02% 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.