Sezzle Inc. (NASDAQ:SEZL) Director Sells $1,118,193.72 in Stock

Posted by James Conley on Nov 27th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 2,401 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $465.72, for a total value of $1,118,193.72. Following the sale, the director now directly owns 58,275 shares of the company’s stock, valued at $27,139,833. The trade was a 3.96 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

On Friday, November 15th, Paul Martin Purcell sold 1,280 shares of Sezzle stock. The stock was sold at an average price of $376.26, for a total value of $481,612.80.
On Wednesday, October 2nd, Paul Martin Purcell sold 7,824 shares of Sezzle stock. The stock was sold at an average price of $164.86, for a total value of $1,289,864.64.
On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The stock was 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were 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 shares were sold at an average price of $135.51, for a total value of $774,033.12.

Sezzle Trading Down 3.8 %

Shares of SEZL stock traded down $16.16 on Wednesday, reaching $412.30. 23,850 shares of the stock were exchanged, compared to its average volume of 89,452. The stock has a market cap of $2.31 billion, a P/E ratio of 45.58 and a beta of 8.49. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. The firm has a 50 day moving average of $247.37 and a two-hundred day moving average of $149.86. Sezzle Inc. has a 1-year low of $9.75 and a 1-year high of $477.52.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. B. Riley boosted their price target on shares of Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Northland Securities boosted their target price on Sezzle from $185.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th.

Read Our Latest Report on SEZL

Institutional Trading of Sezzle

Several large investors have recently added to or reduced their stakes in SEZL. Wilmington Savings Fund Society FSB bought a new position in Sezzle in the third quarter worth about $188,000. Virtu Financial LLC acquired a new position in shares of Sezzle during the third quarter valued at approximately $276,000. Barclays PLC increased its stake in shares of Sezzle by 125.4% during the third quarter. Barclays PLC now owns 4,515 shares of the company’s stock valued at $771,000 after acquiring an additional 2,512 shares during the period. Jane Street Group LLC acquired a new position in Sezzle in the third quarter worth approximately $292,000. Finally, State Street Corp grew its position in Sezzle by 3.5% in the third quarter. State Street Corp now owns 49,362 shares of the company’s stock worth $8,421,000 after buying an additional 1,683 shares during the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.