Paul Martin Purcell Sells 8,731 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Posted by Emily Schoerning on Aug 29th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 8,731 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $129.43, for a total value of $1,130,053.33. Following the transaction, the director now directly owns 209,238 shares in the company, valued at $27,081,674.34. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

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 Wednesday, August 21st, Paul Martin Purcell sold 15,000 shares of Sezzle stock. The shares were 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 shares were 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 value 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 shares were sold at an average price of $121.61, for a total value of $3,639,057.64.
On Wednesday, July 31st, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The shares were 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.
On Friday, July 26th, Paul Martin Purcell sold 555 shares of Sezzle stock. The shares were sold at an average price of $85.61, for a total value of $47,513.55.
On Monday, July 22nd, Paul Martin Purcell sold 1,930 shares of Sezzle stock. The shares were sold at an average price of $85.58, for a total value of $165,169.40.

Sezzle Price Performance

Shares of SEZL stock opened at $129.97 on Thursday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a twelve month low of $7.15 and a twelve month high of $136.50. The company has a market cap of $735.50 million and a P/E ratio of 57.00. The business has a fifty day simple moving average of $96.53 and a 200 day simple moving average of $75.82.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently modified their holdings of SEZL. Tower Research Capital LLC TRC bought a new stake in shares of Sezzle during the 4th quarter worth $25,000. Vanguard Group Inc. bought a new stake in shares of Sezzle during the 1st quarter worth $13,369,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle during the 2nd quarter worth $611,000. Rhumbline Advisers bought a new stake in shares of Sezzle during the 2nd quarter worth $203,000. Finally, XTX Topco Ltd bought a new stake in shares of Sezzle during the 2nd quarter worth $544,000. 2.02% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on SEZL shares. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. B. Riley upped their target price on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Finally, Northland Securities started coverage on Sezzle in a research report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 target price for the company.

Read Our Latest Report on SEZL

About Sezzle

(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.