Sezzle Inc. (NASDAQ:SEZL) Director Sells $1,289,864.64 in Stock

by · The Cerbat Gem

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 7,824 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $164.86, for a total value of $1,289,864.64. Following the completion of the transaction, the director now directly owns 82,776 shares in the company, valued at $13,646,451.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

  • 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $134.22, for a total value of $1,342,200.00.

Sezzle Stock Performance

NASDAQ:SEZL opened at $155.35 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $185.18. The stock’s 50 day simple moving average is $131.52 and its two-hundred day simple moving average is $94.43. The company has a market cap of $879.13 million, a price-to-earnings ratio of 68.14 and a beta of 8.93.

Sezzle (NASDAQ:SEZL – Get Free Report) last released its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $43.35 million. As a group, equities analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on SEZL shares. B. Riley lifted their target price on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Northland Securities reissued an “outperform” rating and set a $185.00 target price (up previously from $150.00) on shares of Sezzle in a research note on Monday, September 23rd.

Read Our Latest Analysis on Sezzle

Institutional Trading of Sezzle

A number of large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Sezzle in the 3rd quarter worth approximately $165,000. Rhumbline Advisers purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $203,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $356,000. XTX Topco Ltd purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $544,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $611,000. Institutional investors own 2.02% of the company’s stock.

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.

Further Reading