Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells $63,560.00 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 500 shares of Sezzle stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $127.12, for a total value of $63,560.00. Following the completion of the transaction, the director now owns 208,738 shares in the company, valued at approximately $26,534,774.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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 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 transaction of $1,130,053.33.
• 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 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.
• On Friday, August 16th, Paul Martin Purcell sold 1,556 shares of Sezzle stock. The stock was 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 stock was 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 stock was sold at an average price of $86.98, for a total transaction 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 transaction of $47,513.55.

Sezzle Price Performance

Shares of Sezzle stock opened at $133.45 on Friday. The stock’s fifty day moving average is $96.53 and its 200 day moving average is $75.82. Sezzle Inc. has a one year low of $7.15 and a one year high of $140.36. 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 stock has a market cap of $755.19 million and a P/E ratio of 58.53.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SEZL. B. Riley lifted their price objective on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research report on Friday, August 23rd. Northland Securities restated an “outperform” rating and issued a $150.00 price target (up from $119.00) on shares of Sezzle in a research note on Thursday. Finally, Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th.

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 Sezzle in the 4th quarter valued at $25,000. Rhumbline Advisers bought a new position in shares of Sezzle during the 2nd quarter valued at about $203,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle during the second quarter valued at about $356,000. XTX Topco Ltd purchased a new position in shares of Sezzle during the second quarter valued at about $544,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the second quarter worth about $611,000. 2.02% of the stock is currently owned by institutional investors.

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.