Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 5,000 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,000 shares of Sezzle stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $149.92, for a total value of $749,600.00. Following the sale, the director now directly owns 126,665 shares of the company’s stock, valued at $18,989,616.80. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• 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 shares were sold at an average price of $131.40, for a total transaction 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 transaction 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 transaction 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.
• 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 value 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 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 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.

Sezzle Stock Down 0.8 %

Shares of NASDAQ:SEZL opened at $147.56 on Thursday. Sezzle Inc. has a 52-week low of $7.15 and a 52-week high of $154.77. The company has a market capitalization of $835.04 million and a PE ratio of 64.72. 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 company has a fifty day moving average of $112.33 and a 200-day moving average of $85.41.

Sezzle (NASDAQ:SEZL) last posted its earnings results 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%. On average, equities analysts predict that Sezzle Inc. will post 6.71 EPS for the current fiscal year.

Institutional Investors Weigh In On Sezzle

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

Wall Street Analyst Weigh In

Several brokerages have commented on SEZL. Northland Securities restated an “outperform” rating and set 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 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 Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.

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.