Paul Martin Purcell Sells 5,000 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $149.92, for a total value of $749,600.00. Following the completion of the transaction, the director now directly owns 126,665 shares of the company’s stock, valued at $18,989,616.80. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

• 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 shares were sold at an average price of $135.51, for a total value of $774,033.12.
• On Tuesday, September 3rd, Paul Martin Purcell sold 6,512 shares of Sezzle stock. The shares were sold at an average price of $130.98, for a total value of $852,941.76.
• On Friday, August 30th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The shares were sold at an average price of $134.22, for a total value of $1,342,200.00.
• On Wednesday, August 28th, Paul Martin Purcell sold 3,808 shares of Sezzle stock. The shares were sold at an average price of $130.42, for a total value of $496,639.36.
• 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 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 value of $1,130,053.33.
• On Wednesday, August 21st, Paul Martin Purcell sold 15,000 shares of Sezzle stock. The stock was 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 stock was sold at an average price of $127.51, for a total value of $2,446,534.37.

Sezzle Stock Down 1.9 %

NASDAQ:SEZL traded down $2.81 during mid-day trading on Monday, hitting $147.50. The company had a trading volume of 21,019 shares, compared to its average volume of 83,837. The business has a fifty day simple moving average of $108.69 and a 200-day simple moving average of $83.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $154.77. The firm has a market capitalization of $826 million and a price-to-earnings ratio of 65.93.

Sezzle (NASDAQ:SEZL) last released its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, beating the consensus estimate of $0.84 by $1.33. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. The company had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. Equities analysts forecast that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SEZL has been the topic of several analyst reports. B. Riley raised their price objective on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Northland Capmk raised Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, Northland Securities reaffirmed an “outperform” rating and issued a $150.00 target price (up from $119.00) on shares of Sezzle in a research report on Thursday, August 29th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. purchased a new stake in shares of Sezzle during the first quarter worth about $13,369,000. Bank of New York Mellon Corp purchased a new stake in shares of Sezzle during the second quarter worth about $611,000. XTX Topco Ltd purchased a new stake in shares of Sezzle during the second quarter worth about $544,000. Divisadero Street Capital Management LP purchased a new stake in shares of Sezzle during the second quarter worth about $356,000. Finally, Rhumbline Advisers acquired a new position in Sezzle in the second quarter worth about $203,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

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.