Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 2,401 Shares

Posted by Trevor Kearing on Nov 29th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 2,401 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $465.72, for a total value of $1,118,193.72. Following the completion of the sale, the director now owns 58,275 shares of the company’s stock, valued at approximately $27,139,833. This trade represents a 3.96 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

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

On Friday, November 15th, Paul Martin Purcell sold 1,280 shares of Sezzle stock. The shares were sold at an average price of $376.26, for a total value of $481,612.80.
On Wednesday, October 2nd, Paul Martin Purcell sold 7,824 shares of Sezzle stock. The shares were sold at an average price of $164.86, for a total value of $1,289,864.64.
On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44.
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 value 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 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 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 stock was 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 shares were sold at an average price of $131.40, for a total value 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 transaction of $774,033.12.

Sezzle Stock Down 3.2 %

Shares of Sezzle stock opened at $414.95 on Friday. The firm has a market cap of $2.33 billion, a price-to-earnings ratio of 44.14 and a beta of 8.49. The stock has a 50-day simple moving average of $257.81 and a 200-day simple moving average of $153.55. Sezzle Inc. has a 52-week low of $9.75 and a 52-week high of $477.52. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SEZL. Northland Securities upped their price objective on shares of Sezzle from $185.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. B. Riley upped their price target 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.

View Our Latest Stock Report on SEZL

Hedge Funds Weigh In On Sezzle

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SEZL. Covestor Ltd acquired a new position in shares of Sezzle during the 3rd quarter worth $38,000. SG Americas Securities LLC bought a new stake in Sezzle in the third quarter worth $165,000. Wilmington Savings Fund Society FSB acquired a new position in Sezzle during the third quarter worth $188,000. MetLife Investment Management LLC raised its holdings in Sezzle by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,446 shares of the company’s stock valued at $247,000 after buying an additional 815 shares in the last quarter. Finally, Verition Fund Management LLC acquired a new stake in shares of Sezzle in the third quarter worth about $274,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

(Get Free Report)

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.