Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 12,100 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 12,100 shares of the stock in a transaction dated Wednesday, July 3rd. The stock was sold at an average price of $89.61, for a total transaction of $1,084,281.00. Following the completion of the sale, the director now directly owns 380,447 shares in the company, valued at $34,091,855.67. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

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

• On Monday, July 1st, Paul Martin Purcell sold 4,000 shares of Sezzle stock. The stock was sold at an average price of $89.19, for a total value of $356,760.00.
• On Thursday, June 27th, Paul Martin Purcell sold 23,737 shares of Sezzle stock. The stock was sold at an average price of $86.31, for a total value of $2,048,740.47.
• On Tuesday, June 25th, Paul Martin Purcell sold 8,654 shares of Sezzle stock. The stock was sold at an average price of $82.50, for a total value of $713,955.00.
• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The stock was 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 Up 1.6 %

NASDAQ SEZL traded up $1.41 on Friday, hitting $91.61. The stock had a trading volume of 71,029 shares, compared to its average volume of 79,845. Sezzle Inc. has a 52-week low of $7.15 and a 52-week high of $100.00. The business’s fifty day moving average price is $74.09 and its 200 day moving average price is $55.93. The company has a debt-to-equity ratio of 2.42, a current ratio of 2.06 and a quick ratio of 2.06. The stock has a market cap of $519.15 million and a price-to-earnings ratio of 38.56.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. The company had revenue of $46.98 million during the quarter. Equities research analysts anticipate that Sezzle Inc. will post 4.89 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, B. Riley assumed coverage on Sezzle in a research report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 price target for the company.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sezzle stock. Tower Research Capital LLC TRC purchased a new stake in shares of Sezzle Inc. (NASDAQ:SEZL) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,223 shares of the company’s stock, valued at approximately $25,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

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.