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

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 10,000 shares of Sezzle stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $134.22, for a total transaction of $1,342,200.00. Following the completion of the sale, the director now owns 183,858 shares in the company, valued at $24,677,420.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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

• 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 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 shares were 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 value 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 shares were 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 stock was sold at an average price of $124.43, for a total transaction of $193,613.08.
• On Wednesday, August 14th, Paul Martin Purcell sold 800 shares of Sezzle stock. The shares were sold at an average price of $126.05, for a total transaction of $100,840.00.
• On Monday, August 12th, Paul Martin Purcell sold 29,924 shares of Sezzle stock. The stock was 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 shares were sold at an average price of $85.69, for a total value of $428,450.00.

Sezzle Stock Up 2.7 %

Shares of Sezzle stock opened at $134.35 on Thursday. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $140.36. The firm has a market capitalization of $760.29 million and a PE ratio of 58.93. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. The stock’s fifty day moving average is $101.76 and its 200-day moving average is $78.83.

Sezzle (NASDAQ:SEZL) last posted 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. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The firm had revenue of $55.97 million for the quarter, compared to the consensus estimate of $43.35 million. Equities analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. B. Riley lifted their price objective 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. Finally, Northland Securities reissued an “outperform” rating and set a $150.00 target price (up from $119.00) on shares of Sezzle in a research note on Thursday, August 29th.

Institutional Investors Weigh In On Sezzle

Several hedge funds have recently made changes to their positions in SEZL. Rhumbline Advisers acquired a new stake in Sezzle during the 2nd quarter valued at $203,000. Divisadero Street Capital Management LP purchased a new stake in Sezzle in the 2nd quarter worth about $356,000. XTX Topco Ltd acquired a new stake in Sezzle during the 2nd quarter worth about $544,000. Bank of New York Mellon Corp purchased a new position in Sezzle during the 2nd quarter valued at about $611,000. Finally, Vanguard Group Inc. acquired a new position in shares of Sezzle in the 1st quarter valued at about $13,369,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.