Sezzle Inc. (NASDAQ:SEZL) Director Sells $145,789.89 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 809 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $180.21, for a total transaction of $145,789.89. Following the completion of the sale, the director now directly owns 101,641 shares in the company, valued at approximately $18,316,724.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 transaction 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 transaction 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 transaction of $1,343,200.00.
• On Monday, September 9th, Paul Martin Purcell sold 8,400 shares of Sezzle stock. The stock was sold at an average price of $131.40, for a total transaction 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 stock was sold at an average price of $130.98, for a total value 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 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.

Sezzle Trading Down 3.2 %

SEZL stock traded down $5.74 on Friday, reaching $171.05. The company’s stock had a trading volume of 26,996 shares, compared to its average volume of 83,832. The business has a fifty day simple moving average of $122.21 and a two-hundred day simple moving average of $89.88. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $185.18. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market cap of $967.97 million and a PE ratio of 76.65.

Sezzle (NASDAQ:SEZL) last released its earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. The company had revenue of $55.97 million during the quarter, compared to analysts’ expectations of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. As a group, research analysts forecast 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. XTX Topco Ltd bought a new stake in Sezzle during the 2nd quarter valued at about $544,000. Vanguard Group Inc. purchased a new position in Sezzle in the 1st quarter worth approximately $13,369,000. Divisadero Street Capital Management LP bought a new position in Sezzle in the 2nd quarter valued at approximately $356,000. Bank of New York Mellon Corp purchased a new stake in Sezzle during the 2nd quarter valued at $611,000. Finally, Rhumbline Advisers bought a new stake in shares of Sezzle in the 2nd quarter worth $203,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on SEZL shares. Northland Securities restated an “outperform” rating and set a $185.00 target price (up from $150.00) on shares of Sezzle in a report on Monday. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Finally, B. Riley upped 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.

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.