Paul Martin Purcell Sells 7,824 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Posted by Chris Copeland on Oct 6th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 7,824 shares of the company’s stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $164.86, for a total value of $1,289,864.64. Following the transaction, the director now owns 82,776 shares of the company’s stock, valued at approximately $13,646,451.36. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44.
On Thursday, September 26th, Paul Martin Purcell sold 809 shares of Sezzle stock. The shares were sold at an average price of $180.21, for a total value of $145,789.89.
On Monday, September 23rd, Paul Martin Purcell sold 1,800 shares of Sezzle stock. The stock was sold at an average price of $165.35, for a total value of $297,630.00.
On Thursday, September 19th, Paul Martin Purcell sold 6,618 shares of Sezzle stock. The stock was sold at an average price of $157.87, for a total value of $1,044,783.66.
On Friday, September 13th, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The stock was sold at an average price of $149.92, for a total value of $749,600.00.
On Wednesday, September 11th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The stock was 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 value of $1,103,760.00.
On Thursday, September 5th, Paul Martin Purcell sold 5,712 shares of Sezzle stock. The stock was 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 stock was 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 shares were sold at an average price of $134.22, for a total value of $1,342,200.00.

Sezzle Trading Up 4.5 %

Sezzle stock opened at $155.35 on Friday. 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 Inc. has a one year low of $7.15 and a one year high of $185.18. The stock has a market capitalization of $879.13 million, a PE ratio of 68.14 and a beta of 8.93. The business’s fifty day moving average is $131.52 and its 200 day moving average is $94.43.

Sezzle (NASDAQ:SEZL – Get Free Report) last released 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. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The company had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. On average, sell-side analysts predict that Sezzle Inc. will post 6.71 EPS for the current year.

Wall Street Analyst Weigh In

SEZL has been the subject of several analyst reports. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. B. Riley raised their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Finally, Northland Securities restated an “outperform” rating and set a $185.00 price target (up from $150.00) on shares of Sezzle in a report on Monday, September 23rd.

View Our Latest Stock Report on SEZL

Institutional Investors Weigh In On Sezzle

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

Sezzle Company Profile

(Get Free Report)

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.