Sezzle Inc. (NASDAQ:SEZL) Director Sells $749,600.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,000 shares of Sezzle stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $149.92, for a total value of $749,600.00. Following the completion of the transaction, the director now owns 126,665 shares of the company’s stock, valued at $18,989,616.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 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.
• 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 value 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 value of $1,130,053.33.
• On Wednesday, August 21st, Paul Martin Purcell sold 15,000 shares of Sezzle stock. The stock was sold at an average price of $133.42, for a total value of $2,001,300.00.
• On Monday, August 19th, Paul Martin Purcell sold 19,187 shares of Sezzle stock. The stock was sold at an average price of $127.51, for a total value of $2,446,534.37.

Sezzle Price Performance

NASDAQ:SEZL traded down $2.81 during midday trading on Monday, hitting $147.50. 21,019 shares of the stock were exchanged, compared to its average volume of 83,837. Sezzle Inc. has a one year low of $7.15 and a one year high of $154.77. The company has a market capitalization of $826 million and a price-to-earnings ratio of 65.93. The business has a 50-day moving average price of $108.69 and a two-hundred day moving average price of $83.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.

Sezzle (NASDAQ:SEZL) last announced its earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping the consensus estimate of $0.84 by $1.33. The firm had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. Sell-side analysts predict that Sezzle Inc. will post 6.71 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SEZL. Rhumbline Advisers bought a new position in shares of Sezzle in the second quarter valued at $203,000. Divisadero Street Capital Management LP acquired a new stake in Sezzle during the 2nd quarter valued at $356,000. XTX Topco Ltd acquired a new stake in Sezzle during the 2nd quarter valued at $544,000. Bank of New York Mellon Corp acquired a new stake in Sezzle during the 2nd quarter valued at $611,000. Finally, Vanguard Group Inc. acquired a new stake in Sezzle during the 1st quarter valued at $13,369,000. Institutional investors own 2.02% of the company’s stock.

Analysts Set New Price Targets

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

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.