Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 739 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 739 shares of the business’s stock in a transaction on Monday, July 15th. The stock was sold at an average price of $87.30, for a total value of $64,514.70. Following the completion of the transaction, the director now directly owns 361,677 shares of the company’s stock, valued at $31,574,402.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

• On Monday, July 8th, Paul Martin Purcell sold 1,890 shares of Sezzle stock. The stock was sold at an average price of $90.17, for a total value of $170,421.30.
• On Wednesday, July 3rd, Paul Martin Purcell sold 12,100 shares of Sezzle stock. The shares were sold at an average price of $89.61, for a total value of $1,084,281.00.
• On Monday, July 1st, Paul Martin Purcell sold 4,000 shares of Sezzle stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $83.35, for a total value of $168,533.70.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The shares were sold at an average price of $82.19, for a total value of $325,061.45.

Sezzle Stock Up 2.1 %

Shares of NASDAQ SEZL traded up $1.81 on Tuesday, hitting $87.46. The company had a trading volume of 14,699 shares, compared to its average volume of 81,618. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $100.00. The business has a 50 day moving average of $78.99 and a two-hundred day moving average of $59.80. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.42. The firm has a market capitalization of $495.02 million and a P/E ratio of 37.57.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share 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. As a group, equities research analysts forecast that Sezzle Inc. will post 4.83 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Vanguard Group Inc. bought a new position in Sezzle Inc. (NASDAQ:SEZL) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned 2.79% of Sezzle at the end of the most recent reporting period. Hedge funds and other institutional investors own 2.02% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SEZL shares. B. Riley started coverage on Sezzle in a research report on Wednesday, June 26th. They set a “buy” rating and a $113.00 price target for the company. Northland Capmk raised Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, Northland Securities started coverage on Sezzle in a research report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 price target for the company.

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.