Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 3,808 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 3,808 shares of the stock in a transaction dated Wednesday, August 28th. The stock was sold at an average price of $130.42, for a total transaction of $496,639.36. Following the sale, the director now owns 199,607 shares in the company, valued at $26,032,744.94. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Monday, August 26th, Paul Martin Purcell sold 500 shares of Sezzle stock. The stock was 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 shares were 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 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 shares were sold at an average price of $127.51, for a total value of $2,446,534.37.
• On Friday, August 16th, Paul Martin Purcell sold 1,556 shares of Sezzle stock. The stock was sold at an average price of $124.43, for a total value of $193,613.08.
• On Wednesday, August 14th, Paul Martin Purcell sold 800 shares of Sezzle stock. The shares were sold at an average price of $126.05, for a total value of $100,840.00.
• On Monday, August 12th, Paul Martin Purcell sold 29,924 shares of Sezzle stock. The stock was sold at an average price of $121.61, for a total transaction of $3,639,057.64.
• On Wednesday, July 31st, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The shares were sold at an average price of $85.69, for a total transaction of $428,450.00.
• On Monday, July 29th, Paul Martin Purcell sold 508 shares of Sezzle stock. The shares were sold at an average price of $86.98, for a total transaction of $44,185.84.
• On Friday, July 26th, Paul Martin Purcell sold 555 shares of Sezzle stock. The shares were sold at an average price of $85.61, for a total value of $47,513.55.

Sezzle Trading Up 5.5 %

Shares of SEZL traded up $7.18 during mid-day trading on Thursday, reaching $137.15. 57,927 shares of the company were exchanged, compared to its average volume of 82,797. The business has a 50 day simple moving average of $96.53 and a two-hundred day simple moving average of $75.82. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market capitalization of $776.13 million and a PE ratio of 59.87. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $140.36.

Wall Street Analysts Forecast Growth

Several research firms have commented on SEZL. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Northland Securities began coverage on shares of Sezzle in a report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 target price on the stock. Finally, B. Riley raised their price target on shares of Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SEZL. Divisadero Street Capital Management LP bought a new position in Sezzle during the second quarter worth $356,000. XTX Topco Ltd acquired a new stake in Sezzle during the second quarter worth approximately $544,000. Rhumbline Advisers bought a new stake in Sezzle in the second quarter worth approximately $203,000. Bank of New York Mellon Corp acquired a new position in Sezzle in the second quarter valued at approximately $611,000. Finally, Vanguard Group Inc. bought a new position in shares of Sezzle during the 1st quarter worth approximately $13,369,000. 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.