Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 9,808 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 9,808 shares of the business’s stock in a transaction on Monday, September 30th. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44. Following the completion of the sale, the director now owns 91,833 shares of the company’s stock, valued at $15,651,098.19. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Thursday, September 26th, Paul Martin Purcell sold 809 shares of Sezzle stock. The shares were sold at an average price of $180.21, for a total value of $145,789.89.
• 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 value 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 value 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 shares were 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 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 stock was sold at an average price of $134.22, for a total value 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.

Sezzle Trading Down 4.0 %

NASDAQ SEZL opened at $163.71 on Wednesday. The business’s 50-day moving average price is $127.23 and its two-hundred day moving average price is $92.68. Sezzle Inc. has a 12 month low of $7.15 and a 12 month high of $185.18. The firm has a market capitalization of $926.43 million and a PE ratio of 71.80. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.

Sezzle (NASDAQ:SEZL) last released its quarterly 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. 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 analyst estimates of $43.35 million. On average, analysts expect that Sezzle Inc. will post 6.71 EPS for the current year.

Institutional Investors Weigh In On Sezzle

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

Analyst Upgrades and Downgrades

SEZL has been the subject of a number of recent research reports. Northland Capmk raised Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Northland Securities reaffirmed an “outperform” rating and issued a $185.00 target price (up previously from $150.00) on shares of Sezzle in a report on Monday, September 23rd. Finally, B. Riley upped their target price on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd.

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.