Sezzle Inc. (NASDAQ:SEZL) Director Sells $165,169.40 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 1,930 shares of the business’s stock in a transaction on Monday, July 22nd. The stock was sold at an average price of $85.58, for a total value of $165,169.40. Following the transaction, the director now directly owns 351,851 shares of the company’s stock, valued at $30,111,408.58. 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 17th, Paul Martin Purcell sold 600 shares of Sezzle stock. The stock was sold at an average price of $92.03, for a total value of $55,218.00.
• On Monday, July 15th, Paul Martin Purcell sold 739 shares of Sezzle stock. The stock was sold at an average price of $87.30, for a total value of $64,514.70.
• On Monday, July 8th, Paul Martin Purcell sold 1,890 shares of Sezzle stock. The stock was sold at an average price of $90.17, for a total value of $170,421.30.
• 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 value 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 value 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 value 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 value 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 value 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 value of $325,061.45.

Sezzle Stock Down 1.4 %

Sezzle stock opened at $82.65 on Friday. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $100.00. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market capitalization of $467.80 million and a P/E ratio of 36.25. The stock has a 50-day simple moving average of $81.96 and a 200-day simple moving average of $62.89.

Sezzle (NASDAQ:SEZL) last posted its earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share for the quarter. The business had revenue of $46.98 million during the quarter. Sezzle had a return on equity of 62.26% and a net margin of 7.79%. Equities research analysts expect that Sezzle Inc. will post 4.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on SEZL. Northland Securities began coverage on Sezzle in a report on Tuesday, July 9th. They issued an “outperform” rating and a $119.00 target price for the company. Northland Capmk raised Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. Finally, B. Riley began coverage on Sezzle in a report on Wednesday, June 26th. They issued a “buy” rating and a $113.00 target price for the company.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp purchased a new stake in Sezzle during the 2nd quarter valued at approximately $611,000. Vanguard Group Inc. purchased a new stake in Sezzle during the 1st quarter valued at approximately $13,369,000. Finally, Tower Research Capital LLC TRC purchased a new stake in Sezzle during the 4th quarter valued at approximately $25,000. 2.02% of the stock is owned by hedge funds and other 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.