Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 9,808 Shares

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 9,808 shares of the firm’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $170.43, for a total value of $1,671,577.44. Following the sale, the director now directly owns 91,833 shares in the company, valued at approximately $15,651,098.19. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• 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 value of $145,789.89.
• 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 value 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 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 stock was sold at an average price of $130.42, for a total value of $496,639.36.

Sezzle Stock Performance

Shares of NASDAQ SEZL opened at $163.71 on Wednesday. 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 12 month low of $7.15 and a 12 month high of $185.18. The stock has a 50 day moving average of $127.23 and a 200-day moving average of $92.68. The company has a market capitalization of $926.43 million and a P/E ratio of 71.80.

Sezzle (NASDAQ:SEZL) last issued its earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $43.35 million. As a group, equities research analysts predict that Sezzle Inc. will post 6.71 EPS for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Northland Securities reaffirmed an “outperform” rating and set a $185.00 price target (up previously from $150.00) on shares of Sezzle in a research report on Monday, September 23rd. Northland Capmk raised Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Finally, B. Riley boosted their price target on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SEZL. Vanguard Group Inc. bought a new position in shares of Sezzle during the 1st quarter worth approximately $13,369,000. Bank of New York Mellon Corp bought a new stake in Sezzle in the 2nd quarter valued at $611,000. XTX Topco Ltd bought a new stake in Sezzle in the 2nd quarter valued at $544,000. Divisadero Street Capital Management LP bought a new stake in Sezzle in the 2nd quarter valued at $356,000. Finally, Rhumbline Advisers bought a new stake in Sezzle in the 2nd quarter valued at $203,000. 2.02% of the stock is currently owned by 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.