Paul Martin Purcell Sells 5,000 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,000 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $149.92, for a total transaction of $749,600.00. Following the completion of the sale, the director now directly owns 126,665 shares of the company’s stock, valued at $18,989,616.80. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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 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 stock was 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 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 transaction 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 transaction 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.
• On Friday, August 23rd, Paul Martin Purcell sold 8,731 shares of Sezzle stock. The stock was sold at an average price of $129.43, for a total transaction of $1,130,053.33.
• On Wednesday, August 21st, Paul Martin Purcell sold 15,000 shares of Sezzle stock. The shares were 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 Stock Down 2.3 %

SEZL stock opened at $148.78 on Wednesday. The company has a 50-day moving average of $111.02 and a two-hundred day moving average of $84.97. Sezzle Inc. has a 52-week low of $7.15 and a 52-week high of $154.77. The stock has a market capitalization of $841.95 million and a price-to-earnings ratio of 65.25. 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 (NASDAQ:SEZL) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $1.33. The company had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. As a group, equities research analysts anticipate that Sezzle Inc. will post 6.71 EPS for the current year.

Analysts Set New Price Targets

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

Institutional Trading of Sezzle

Hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers acquired a new position in shares of Sezzle during the second quarter valued at about $203,000. Divisadero Street Capital Management LP acquired a new position in Sezzle in the 2nd quarter valued at approximately $356,000. XTX Topco Ltd acquired a new stake in shares of Sezzle during the 2nd quarter worth approximately $544,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle during the second quarter valued at approximately $611,000. Finally, Vanguard Group Inc. acquired a new position in shares of Sezzle in the first quarter valued at $13,369,000. 2.02% of the stock is owned by institutional investors.

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.