Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 5,712 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,712 shares of the company’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $135.51, for a total transaction of $774,033.12. Following the completion of the sale, the director now directly owns 160,708 shares in the company, valued at $21,777,541.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• 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 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 value of $496,639.36.
• 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 transaction 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 transaction 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 transaction 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 value of $3,639,057.64.

Sezzle Price Performance

Shares of Sezzle stock opened at $126.67 on Friday. The stock has a market capitalization of $716.83 million and a P/E ratio of 55.56. The business has a 50 day simple moving average of $103.54 and a two-hundred day simple moving average of $79.78. Sezzle Inc. has a 12 month low of $7.15 and a 12 month high of $140.36. 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 posted its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, beating the consensus estimate of $0.84 by $1.33. The firm had revenue of $55.97 million during the quarter, compared to the consensus estimate of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. As a group, analysts predict that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Northland Securities restated an “outperform” rating and issued a $150.00 price objective (up from $119.00) on shares of Sezzle in a research report on Thursday, August 29th. B. Riley boosted their price target on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Finally, Northland Capmk raised shares of Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th.

Institutional Investors Weigh In On Sezzle

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. purchased a new stake in Sezzle during the 1st quarter valued at about $13,369,000. Rhumbline Advisers acquired a new position in shares of Sezzle during the 2nd quarter worth approximately $203,000. Bank of New York Mellon Corp acquired a new position in shares of Sezzle during the 2nd quarter worth approximately $611,000. XTX Topco Ltd purchased a new stake in shares of Sezzle in the second quarter valued at approximately $544,000. Finally, Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle in the second quarter valued at approximately $356,000. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.