Sezzle Inc. (NASDAQ:SEZL) Director Sells $496,639.36 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 3,808 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $130.42, for a total value of $496,639.36. Following the completion of the sale, the director now directly owns 199,607 shares in the company, valued at approximately $26,032,744.94. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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 value 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 shares were 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 shares were sold at an average price of $124.43, for a total value 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 value of $100,840.00.
• On Monday, August 12th, Paul Martin Purcell sold 29,924 shares of Sezzle stock. The shares were sold at an average price of $121.61, for a total value of $3,639,057.64.
• On Wednesday, July 31st, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The stock was sold at an average price of $85.69, for a total value of $428,450.00.
• 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 Friday, July 26th, Paul Martin Purcell sold 555 shares of Sezzle stock. The stock was sold at an average price of $85.61, for a total transaction of $47,513.55.

Sezzle Trading Up 2.1 %

Shares of SEZL stock opened at $136.23 on Friday. The stock has a 50-day simple moving average of $98.59 and a 200 day simple moving average of $76.84. The stock has a market capitalization of $770.93 million and a P/E ratio of 59.75. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $140.36. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $0.84 by $1.33. The company had revenue of $55.97 million during 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%. On average, sell-side analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Institutional Trading of Sezzle

Large investors have recently added to or reduced their stakes in the business. Tower Research Capital LLC TRC bought a new position in shares of Sezzle in the fourth quarter valued at $25,000. Rhumbline Advisers bought a new stake in shares of Sezzle during the 2nd quarter worth $203,000. Divisadero Street Capital Management LP acquired a new position in shares of Sezzle in the 2nd quarter worth $356,000. XTX Topco Ltd acquired a new stake in shares of Sezzle during the second quarter worth $544,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Sezzle during the second quarter valued at $611,000. 2.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

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.