Sezzle Inc. (NASDAQ:SEZL) Director Sells $47,513.55 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 555 shares of Sezzle stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $85.61, for a total value of $47,513.55. Following the completion of the transaction, the director now owns 350,158 shares of the company’s stock, valued at approximately $29,977,026.38. The sale was disclosed in a document filed with the SEC, which is available at this link.

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

• On Monday, July 29th, Paul Martin Purcell sold 508 shares of Sezzle stock. The stock was sold at an average price of $86.98, for a total value of $44,185.84.
• On Monday, July 22nd, Paul Martin Purcell sold 1,930 shares of Sezzle stock. The shares were sold at an average price of $85.58, for a total transaction of $165,169.40.
• On Wednesday, July 17th, Paul Martin Purcell sold 600 shares of Sezzle stock. The stock was sold at an average price of $92.03, for a total transaction of $55,218.00.
• On Monday, July 15th, Paul Martin Purcell sold 739 shares of Sezzle stock. The shares were sold at an average price of $87.30, for a total transaction of $64,514.70.
• On Monday, July 8th, Paul Martin Purcell sold 1,890 shares of Sezzle stock. The stock was sold at an average price of $90.17, for a total transaction of $170,421.30.
• On Wednesday, July 3rd, Paul Martin Purcell sold 12,100 shares of Sezzle stock. The shares were sold at an average price of $89.61, for a total value of $1,084,281.00.
• On Monday, July 1st, Paul Martin Purcell sold 4,000 shares of Sezzle stock. The stock was sold at an average price of $89.19, for a total value of $356,760.00.
• On Thursday, June 27th, Paul Martin Purcell sold 23,737 shares of Sezzle stock. The shares were sold at an average price of $86.31, for a total value of $2,048,740.47.
• On Tuesday, June 25th, Paul Martin Purcell sold 8,654 shares of Sezzle stock. The stock was sold at an average price of $82.50, for a total value of $713,955.00.
• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The shares were sold at an average price of $83.35, for a total transaction of $168,533.70.

Sezzle Stock Up 9.3 %

Sezzle stock opened at $87.46 on Thursday. The company’s 50-day moving average price is $82.94 and its two-hundred day moving average price is $65.06. The stock has a market cap of $495.02 million and a price-to-earnings ratio of 38.36. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $100.00. 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 (NASDAQ:SEZL) last announced its earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. The firm had revenue of $46.98 million for the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. On average, analysts expect that Sezzle Inc. will post 4.83 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on SEZL. B. Riley began coverage on shares of Sezzle in a research note on Wednesday, June 26th. They set a “buy” rating and a $113.00 target price for the company. Northland Capmk raised Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Finally, Northland Securities started coverage on Sezzle in a research note on Tuesday, July 9th. They set an “outperform” rating and a $119.00 target price on the stock.

Institutional Trading of Sezzle

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. bought a new position in Sezzle during the first quarter valued at about $13,369,000. Bank of New York Mellon Corp acquired a new stake in Sezzle in the 2nd quarter valued at about $611,000. Finally, Tower Research Capital LLC TRC bought a new position in shares of Sezzle during the 4th quarter valued at about $25,000. 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.