Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 8,400 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 8,400 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $131.40, for a total transaction of $1,103,760.00. Following the completion of the sale, the director now directly owns 152,080 shares of the company’s stock, valued at $19,983,312. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

• 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 transaction 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 transaction 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 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 shares were sold at an average price of $127.12, for a total transaction of $63,560.00.
• On Friday, August 23rd, Paul Martin Purcell sold 8,731 shares of Sezzle stock. The shares were sold at an average price of $129.43, for a total transaction 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 shares were 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.

Sezzle Stock Performance

NASDAQ SEZL opened at $133.31 on Wednesday. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $140.36. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. The stock has a market capitalization of $746.54 million and a PE ratio of 58.47. The company’s 50 day simple moving average is $105.30 and its two-hundred day simple moving average is $81.52.

Sezzle (NASDAQ:SEZL) last posted its earnings results 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 net margin of 21.77% and a return on equity of 84.38%. The business had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Analysts predict that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SEZL has been the subject of several analyst reports. Northland Securities reaffirmed an “outperform” rating and issued a $150.00 price objective (up from $119.00) on shares of Sezzle in a report on Thursday, August 29th. Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Finally, B. Riley raised their price objective on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd.

Institutional Trading of Sezzle

Institutional investors and hedge funds have recently bought and sold shares of the company. Divisadero Street Capital Management LP purchased a new stake in shares of Sezzle during the 2nd quarter valued at $356,000. XTX Topco Ltd purchased a new stake in shares of Sezzle during the 2nd quarter valued at $544,000. Rhumbline Advisers purchased a new stake in shares of Sezzle during the 2nd quarter valued at $203,000. Bank of New York Mellon Corp purchased a new stake in shares of Sezzle during the 2nd quarter valued at $611,000. Finally, Vanguard Group Inc. purchased a new stake in shares of Sezzle during the 1st quarter valued at $13,369,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

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.