Paul Martin Purcell Sells 809 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Posted by Irma Garcia on Sep 29th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 809 shares of the company’s stock in a transaction that occurred on Thursday, September 26th. The shares were sold at an average price of $180.21, for a total value of $145,789.89. Following the completion of the transaction, the director now owns 101,641 shares in the company, valued at approximately $18,316,724.61. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

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 stock was 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 stock was sold at an average price of $149.92, for a total transaction 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 transaction 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 transaction 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 shares were 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 shares were 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 transaction of $63,560.00.

Sezzle Price Performance

Shares of NASDAQ:SEZL opened at $172.93 on Friday. The company’s fifty day moving average price is $124.00 and its 200-day moving average price is $90.70. 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 firm has a market capitalization of $968.41 million and a price-to-earnings ratio of 75.85. Sezzle Inc. has a one year low of $7.15 and a one year high of $185.18.

Sezzle (NASDAQ:SEZL – Get Free Report) last issued 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 return on equity of 84.38% and a net margin of 21.77%. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. On average, equities research analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Institutional Trading of Sezzle

Institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers purchased a new position in shares of Sezzle in the second quarter worth about $203,000. Divisadero Street Capital Management LP bought a new stake in Sezzle in the second quarter valued at approximately $356,000. XTX Topco Ltd purchased a new stake in shares of Sezzle during the second quarter valued at approximately $544,000. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter worth approximately $611,000. Finally, Vanguard Group Inc. purchased a new position in shares of Sezzle in the first quarter worth $13,369,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Check Out Our Latest Research Report on Sezzle

About Sezzle

(Get Free Report)

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.