Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 1,645 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Paradis sold 1,645 shares of the stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $89.84, for a total transaction of $147,786.80. Following the sale, the director now directly owns 194,497 shares of the company’s stock, valued at $17,473,610.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Paul Paradis also recently made the following trade(s):

• On Friday, June 14th, Paul Paradis sold 1,645 shares of Sezzle stock. The shares were sold at an average price of $79.69, for a total transaction of $131,090.05.
• On Friday, June 7th, Paul Paradis sold 1,645 shares of Sezzle stock. The shares were sold at an average price of $86.96, for a total transaction of $143,049.20.
• On Friday, May 31st, Paul Paradis sold 1,645 shares of Sezzle stock. The shares were sold at an average price of $78.56, for a total transaction of $129,231.20.
• On Friday, May 24th, Paul Paradis sold 1,645 shares of Sezzle stock. The shares were sold at an average price of $67.86, for a total transaction of $111,629.70.
• On Thursday, May 9th, Paul Paradis sold 1,470 shares of Sezzle stock. The shares were sold at an average price of $77.36, for a total transaction of $113,719.20.
• On Friday, May 3rd, Paul Paradis sold 175 shares of Sezzle stock. The shares were sold at an average price of $52.03, for a total transaction of $9,105.25.
• On Monday, April 29th, Paul Paradis sold 75 shares of Sezzle stock. The shares were sold at an average price of $60.05, for a total transaction of $4,503.75.
• On Friday, April 26th, Paul Paradis sold 335 shares of Sezzle stock. The stock was sold at an average price of $58.47, for a total transaction of $19,587.45.
• On Friday, April 19th, Paul Paradis sold 175 shares of Sezzle stock. The stock was sold at an average price of $56.04, for a total transaction of $9,807.00.
• On Friday, April 12th, Paul Paradis sold 1,645 shares of Sezzle stock. The stock was sold at an average price of $67.85, for a total transaction of $111,613.25.

Sezzle Stock Down 13.9 %

Sezzle stock opened at $81.98 on Thursday. The company has a market capitalization of $464.83 million and a P/E ratio of 35.96. The firm’s fifty day simple moving average is $76.94 and its 200-day simple moving average is $58.17. The company has a current ratio of 2.06, a quick ratio of 2.06 and a debt-to-equity ratio of 2.42. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $100.00.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share for the quarter. The business had revenue of $46.98 million for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. Sell-side analysts forecast that Sezzle Inc. will post 4.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on SEZL shares. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research report on Tuesday. B. Riley started coverage on shares of Sezzle in a research report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 target price for the company. Finally, Northland Securities initiated coverage on shares of Sezzle in a research report on Tuesday. They issued an “outperform” rating and a $119.00 target price for the company.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sezzle stock. Vanguard Group Inc. purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned approximately 2.79% of Sezzle at the end of the most recent quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.