Paul Martin Purcell Sells 1,890 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 1,890 shares of the business’s stock in a transaction that occurred on Monday, July 8th. The stock was sold at an average price of $90.17, for a total transaction of $170,421.30. Following the completion of the transaction, the director now directly owns 378,557 shares of the company’s stock, valued at approximately $34,134,484.69. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Wednesday, July 3rd, Paul Martin Purcell sold 12,100 shares of Sezzle stock. The stock was sold at an average price of $89.61, for a total transaction of $1,084,281.00.
• On Monday, July 1st, Paul Martin Purcell sold 4,000 shares of Sezzle stock. The stock was sold at an average price of $89.19, for a total transaction of $356,760.00.
• On Thursday, June 27th, Paul Martin Purcell sold 23,737 shares of Sezzle stock. The stock was sold at an average price of $86.31, for a total transaction of $2,048,740.47.
• On Tuesday, June 25th, Paul Martin Purcell sold 8,654 shares of Sezzle stock. The stock was sold at an average price of $82.50, for a total transaction of $713,955.00.
• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The stock was sold at an average price of $83.35, for a total transaction of $168,533.70.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The stock was sold at an average price of $82.19, for a total transaction of $325,061.45.

Sezzle Trading Down 13.9 %

NASDAQ:SEZL opened at $81.98 on Thursday. The company has a fifty day moving average of $76.94 and a 200 day moving average of $58.17. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $100.00. The company has a quick ratio of 2.06, a current ratio of 2.06 and a debt-to-equity ratio of 2.42. The firm has a market capitalization of $464.83 million and a P/E ratio of 35.96.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The company had revenue of $46.98 million during the quarter. On average, research analysts predict that Sezzle Inc. will post 4.89 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Sezzle stock. Vanguard Group Inc. acquired a new position in Sezzle Inc. (NASDAQ:SEZL) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned approximately 2.79% of Sezzle at the end of the most recent quarter. Institutional investors and hedge funds own 2.02% of the company’s stock.

Analyst Upgrades and Downgrades

SEZL has been the subject of a number of recent research reports. B. Riley initiated coverage on shares of Sezzle in a report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 price objective for the company. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a report on Tuesday. Finally, Northland Securities assumed coverage on shares of Sezzle in a report on Tuesday. They issued an “outperform” rating and a $119.00 price objective for the company.

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.