Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 10,000 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 10,000 shares of Sezzle stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $134.32, for a total value of $1,343,200.00. Following the sale, the director now directly owns 132,080 shares of the company’s stock, valued at approximately $17,740,985.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• 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 value of $774,033.12.
• On Tuesday, September 3rd, Paul Martin Purcell sold 6,512 shares of Sezzle stock. The shares were 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 shares were 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.
• On Monday, August 19th, Paul Martin Purcell sold 19,187 shares of Sezzle stock. The shares were sold at an average price of $127.51, for a total value 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 value of $193,613.08.

Sezzle Price Performance

Shares of Sezzle stock opened at $150.31 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. Sezzle Inc. has a one year low of $7.15 and a one year high of $154.77. The business’s 50 day simple moving average is $108.69 and its two-hundred day simple moving average is $83.10. The stock has a market capitalization of $841.74 million and a P/E ratio of 65.93.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The firm had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Analysts forecast that Sezzle Inc. will post 6.71 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. B. Riley lifted 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. Northland Securities reiterated 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. Finally, Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.

Hedge Funds Weigh In On Sezzle

A number of hedge funds have recently modified their holdings of the company. Rhumbline Advisers purchased a new stake in shares of Sezzle during the second quarter worth about $203,000. Divisadero Street Capital Management LP purchased a new stake in Sezzle in the 2nd quarter worth approximately $356,000. XTX Topco Ltd purchased a new stake in Sezzle in the 2nd quarter worth approximately $544,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the 2nd quarter worth approximately $611,000. Finally, Vanguard Group Inc. purchased a new position in shares of Sezzle during the first quarter valued at approximately $13,369,000. Hedge funds and other 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.