Paul Martin Purcell Sells 2,401 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Posted by Sean Solarzano on Nov 29th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 2,401 shares of the company’s stock in a transaction that occurred on Tuesday, November 26th. The shares were sold at an average price of $465.72, for a total value of $1,118,193.72. Following the sale, the director now directly owns 58,275 shares in the company, valued at approximately $27,139,833. This represents a 3.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

On Friday, November 15th, Paul Martin Purcell sold 1,280 shares of Sezzle stock. The shares were sold at an average price of $376.26, for a total value of $481,612.80.
On Wednesday, October 2nd, Paul Martin Purcell sold 7,824 shares of Sezzle stock. The shares were sold at an average price of $164.86, for a total value of $1,289,864.64.
On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44.
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 stock was 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 stock was 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 stock was 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.

Sezzle Trading Down 3.2 %

NASDAQ:SEZL opened at $414.95 on Friday. Sezzle Inc. has a 1 year low of $9.75 and a 1 year high of $477.52. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 44.14 and a beta of 8.49. The business has a fifty day moving average of $257.81 and a 200-day moving average of $153.55. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SEZL. B. Riley upped their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Northland Securities upped their price objective on Sezzle from $185.00 to $300.00 and gave the stock an “outperform” rating in a research note on Friday, November 8th.

Get Our Latest Report on SEZL

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Vanguard Group Inc. bought a new position in shares of Sezzle in the first quarter worth $13,369,000. State Street Corp grew its stake in shares of Sezzle by 3.5% in the third quarter. State Street Corp now owns 49,362 shares of the company’s stock worth $8,421,000 after purchasing an additional 1,683 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Sezzle by 191.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 20,363 shares of the company’s stock valued at $3,474,000 after buying an additional 13,383 shares during the period. Navellier & Associates Inc. acquired a new stake in shares of Sezzle in the third quarter valued at $1,217,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Sezzle in the second quarter valued at $611,000. Institutional investors own 2.02% of the company’s stock.

Sezzle Company Profile

(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.