Paul Martin Purcell Sells 8,654 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 8,654 shares of the stock in a transaction dated Tuesday, June 25th. The shares were sold at an average price of $82.50, for a total transaction of $713,955.00. Following the completion of the sale, the director now owns 439,011 shares of the company’s stock, valued at approximately $36,218,407.50. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

• 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.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The stock was sold at an average price of $82.19, for a total transaction of $325,061.45.

Sezzle Stock Performance

Shares of NASDAQ:SEZL traded up $0.98 during midday trading on Wednesday, hitting $82.50. The stock had a trading volume of 113,750 shares, compared to its average volume of 75,500. The company has a market capitalization of $467.78 million and a PE ratio of 37.35. The stock has a 50 day moving average price of $69.59 and a two-hundred day moving average price of $52.84. 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 Inc. has a 1 year low of $7.15 and a 1 year high of $100.00.

Sezzle (NASDAQ:SEZL) last released its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share (EPS) for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The firm had revenue of $46.98 million during the quarter.

Wall Street Analyst Weigh In

Separately, B. Riley initiated coverage on shares of Sezzle in a report on Wednesday. They set a “buy” rating and a $113.00 target price on the stock.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sezzle stock. Tower Research Capital LLC TRC acquired a new position in Sezzle Inc. (NASDAQ:SEZL) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 1,223 shares of the company’s stock, valued at approximately $25,000. Institutional investors own 2.02% of the company’s stock.

Sezzle Company Profile

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.