Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 6,618 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 6,618 shares of the stock in a transaction on Thursday, September 19th. The stock was sold at an average price of $157.87, for a total transaction of $1,044,783.66. Following the transaction, the director now owns 120,047 shares in the company, valued at approximately $18,951,819.89. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Friday, September 13th, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The stock was sold at an average price of $149.92, for a total transaction 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 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 shares were 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 value 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 value 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 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.

Sezzle Stock Up 1.8 %

Shares of NASDAQ:SEZL traded up $2.87 during trading on Friday, hitting $163.02. 27,797 shares of the company’s stock traded hands, compared to its average volume of 83,614. The company has a 50-day moving average price of $113.89 and a 200-day moving average price of $85.93. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $166.18. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. The company has a market cap of $912.91 million and a price-to-earnings ratio of 70.24.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings data 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. The company had revenue of $55.97 million during the quarter, compared to the consensus estimate of $43.35 million. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. As a group, research analysts forecast that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Rhumbline Advisers bought a new stake in shares of Sezzle during the 2nd quarter worth approximately $203,000. Divisadero Street Capital Management LP bought a new stake in Sezzle during the second quarter worth $356,000. XTX Topco Ltd acquired a new stake in Sezzle in the second quarter valued at $544,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the 2nd quarter valued at about $611,000. Finally, Vanguard Group Inc. acquired a new position in shares of Sezzle during the 1st quarter worth about $13,369,000. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analyst Upgrades and Downgrades

SEZL has been the topic of several analyst reports. Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Northland Securities reiterated an “outperform” rating and issued a $150.00 price target (up previously from $119.00) on shares of Sezzle in a report on Thursday, August 29th. Finally, B. Riley boosted their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd.

About Sezzle

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.