Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 2,401 Shares of Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 2,401 shares of Sezzle stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $465.72, for a total value of $1,118,193.72. Following the completion of the sale, the director now directly owns 58,275 shares in the company, valued at $27,139,833. This represents a 3.96 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Friday, November 15th, Paul Martin Purcell sold 1,280 shares of Sezzle stock. The shares were sold at an average price of $376.26, for a total value of $481,612.80.
• On Wednesday, October 2nd, Paul Martin Purcell sold 7,824 shares of Sezzle stock. The stock was sold at an average price of $164.86, for a total value of $1,289,864.64.
• On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The shares were sold at an average price of $170.43, for a total transaction of $1,671,577.44.
• On Thursday, September 26th, Paul Martin Purcell sold 809 shares of Sezzle stock. The stock was sold at an average price of $180.21, for a total transaction of $145,789.89.
• On Monday, September 23rd, Paul Martin Purcell sold 1,800 shares of Sezzle stock. The shares were sold at an average price of $165.35, for a total transaction of $297,630.00.
• On Thursday, September 19th, Paul Martin Purcell sold 6,618 shares of Sezzle stock. The stock was sold at an average price of $157.87, for a total transaction of $1,044,783.66.
• On Friday, September 13th, Paul Martin Purcell sold 5,000 shares of Sezzle stock. The shares were sold at an average price of $149.92, for a total value of $749,600.00.
• On Wednesday, September 11th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The shares were 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 value 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.

Sezzle Stock Down 3.2 %

SEZL opened at $414.95 on Thursday. Sezzle Inc. has a 1-year low of $9.75 and a 1-year high of $477.52. The stock has a market cap of $2.33 billion, a PE ratio of 44.14 and a beta of 8.49. The stock’s fifty day simple moving average is $252.71 and its 200 day simple moving average is $151.72. The company has a current ratio of 2.40, a quick ratio of 2.40 and a debt-to-equity ratio of 1.54.

Institutional Trading of Sezzle

Several hedge funds and other institutional investors have recently modified their holdings of SEZL. Covestor Ltd bought a new position in Sezzle in the 3rd quarter valued at about $38,000. SG Americas Securities LLC bought a new position in shares of Sezzle during the third quarter worth approximately $165,000. Wilmington Savings Fund Society FSB bought a new position in shares of Sezzle during the third quarter worth approximately $188,000. MetLife Investment Management LLC increased its stake in shares of Sezzle by 129.2% during the third quarter. MetLife Investment Management LLC now owns 1,446 shares of the company’s stock worth $247,000 after purchasing an additional 815 shares during the period. Finally, Verition Fund Management LLC bought a new stake in Sezzle in the 3rd quarter valued at $274,000. Institutional investors own 2.02% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on SEZL shares. Northland Securities increased their price target on shares of Sezzle from $185.00 to $300.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. B. Riley lifted 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.

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.