Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 8,400 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 8,400 shares of Sezzle stock in a transaction on Monday, September 9th. The stock was sold at an average price of $131.40, for a total transaction of $1,103,760.00. Following the completion of the transaction, the director now owns 152,080 shares in the company, valued at approximately $19,983,312. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

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

• 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 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 stock was 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 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 stock was sold at an average price of $129.43, for a total transaction 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 transaction of $2,001,300.00.
• On Monday, August 19th, Paul Martin Purcell sold 19,187 shares of Sezzle stock. The stock was sold at an average price of $127.51, for a total transaction of $2,446,534.37.
• On Friday, August 16th, Paul Martin Purcell sold 1,556 shares of Sezzle stock. The stock was sold at an average price of $124.43, for a total transaction of $193,613.08.
• On Wednesday, August 14th, Paul Martin Purcell sold 800 shares of Sezzle stock. The stock was sold at an average price of $126.05, for a total transaction of $100,840.00.

Sezzle Trading Up 0.4 %

Shares of SEZL opened at $133.31 on Wednesday. The firm’s 50-day moving average price is $105.30 and its 200-day moving average price is $81.52. The firm has a market capitalization of $746.54 million and a price-to-earnings ratio of 58.47. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $140.36.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. The firm had revenue of $55.97 million for 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%. Sell-side analysts anticipate that Sezzle Inc. will post 6.71 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Rhumbline Advisers purchased a new position in Sezzle during the 2nd quarter valued at about $203,000. Divisadero Street Capital Management LP purchased a new position in Sezzle in the second quarter worth about $356,000. XTX Topco Ltd purchased a new position in Sezzle in the second quarter worth about $544,000. Bank of New York Mellon Corp purchased a new position in Sezzle in the second quarter worth about $611,000. Finally, Vanguard Group Inc. purchased a new position in Sezzle in the first quarter worth about $13,369,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on SEZL shares. Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. B. Riley raised their price target on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Finally, Northland Securities reaffirmed an “outperform” rating and set a $150.00 target price (up previously from $119.00) on shares of Sezzle in a research note 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.