Sezzle Inc. (NASDAQ:SEZL) Director Sells $145,789.89 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 809 shares of the company’s stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $180.21, for a total value of $145,789.89. Following the completion of the transaction, the director now directly owns 101,641 shares in the company, valued at approximately $18,316,724.61. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Monday, September 23rd, Paul Martin Purcell sold 1,800 shares of Sezzle stock. The stock was sold at an average price of $165.35, for a total value 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 transaction of $749,600.00.
• On Wednesday, September 11th, Paul Martin Purcell sold 10,000 shares of Sezzle stock. The stock was 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 transaction 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 transaction 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 transaction 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.

Sezzle Trading Down 2.2 %

Shares of SEZL stock opened at $172.93 on Monday. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $185.18. The company has a 50 day moving average price of $124.00 and a 200 day moving average price of $91.16. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The stock has a market capitalization of $968.41 million and a P/E ratio of 75.85.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Rhumbline Advisers purchased a new position in shares of Sezzle in the second quarter valued at $203,000. Divisadero Street Capital Management LP acquired a new stake in shares of Sezzle during the second quarter worth $356,000. XTX Topco Ltd acquired a new stake in Sezzle in the 2nd quarter worth about $544,000. Bank of New York Mellon Corp purchased a new stake in Sezzle in the second quarter valued at approximately $611,000. Finally, Vanguard Group Inc. acquired a new stake in shares of Sezzle during the 1st quarter worth $13,369,000. 2.02% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on SEZL shares. Northland Capmk raised Sezzle to a “strong-buy” rating in a report on Tuesday, July 9th. B. Riley lifted their price target on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Finally, Northland Securities reiterated an “outperform” rating and issued a $185.00 target price (up from $150.00) on shares of Sezzle in a research report on Monday, September 23rd.

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.