Sezzle Inc. (NASDAQ:SEZL) Director Sells $1,342,200.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 10,000 shares of the company’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $134.22, for a total value of $1,342,200.00. Following the completion of the sale, the director now owns 183,858 shares of the company’s stock, valued at approximately $24,677,420.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Wednesday, August 28th, Paul Martin Purcell sold 3,808 shares of Sezzle stock. The stock was 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 shares were sold at an average price of $127.12, for a total value of $63,560.00.
• On Friday, August 23rd, Paul Martin Purcell sold 8,731 shares of Sezzle stock. The stock was sold at an average price of $129.43, for a total value 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 stock was 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 shares were 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 stock was sold at an average price of $126.05, for a total transaction of $100,840.00.
• On Monday, August 12th, Paul Martin Purcell sold 29,924 shares of Sezzle stock. The shares were 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 stock was sold at an average price of $85.69, for a total value 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 value of $44,185.84.

Sezzle Stock Down 3.9 %

Shares of NASDAQ:SEZL traded down $5.30 during midday trading on Tuesday, reaching $130.93. The company had a trading volume of 89,894 shares, compared to its average volume of 83,124. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $140.36. The stock has a market cap of $733.21 million and a PE ratio of 59.75. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. The business’s 50 day moving average price is $99.73 and its 200 day moving average price is $77.87.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The firm had revenue of $55.97 million during the quarter, compared to the consensus estimate of $43.35 million. Research analysts forecast that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Hedge Funds Weigh In On Sezzle

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

Analysts Set New Price Targets

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

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.