Sezzle Inc. (NASDAQ:SEZL) Director Sells $100,840.00 in Stock

Posted by Lars Charter on Aug 18th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 800 shares of Sezzle stock in a transaction on Wednesday, August 14th. The stock was sold at an average price of $126.05, for a total value of $100,840.00. Following the sale, the director now owns 261,797 shares in the company, valued at $32,999,511.85. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

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 transaction 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 transaction 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 value of $47,513.55.
On Monday, July 22nd, Paul Martin Purcell sold 1,930 shares of Sezzle stock. The shares were sold at an average price of $85.58, for a total value of $165,169.40.
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 shares were 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 transaction of $170,421.30.
On Wednesday, July 3rd, Paul Martin Purcell sold 12,100 shares of Sezzle stock. The shares were 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.

Sezzle Stock Performance

Sezzle stock opened at $123.82 on Friday. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $128.00. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37. The firm has a market capitalization of $693.39 million and a PE ratio of 54.31. The firm’s 50 day simple moving average is $88.51 and its 200 day simple moving average is $70.94.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Northland Securities started coverage on shares of Sezzle in a report on Tuesday, July 9th. They set an “outperform” rating and a $119.00 target price on the stock. B. Riley began coverage on Sezzle in a research note on Wednesday, June 26th. They set a “buy” rating and a $113.00 price objective on the stock. Finally, Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th.

Read Our Latest Research Report on Sezzle

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. purchased a new position in Sezzle during the first quarter worth about $13,369,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle during the 2nd quarter valued at about $611,000. XTX Topco Ltd bought a new stake in shares of Sezzle during the 2nd quarter valued at about $544,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle during the second quarter worth about $356,000. Finally, Rhumbline Advisers bought a new position in shares of Sezzle in the second quarter worth approximately $203,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

(Get Free Report)

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.