Paul Martin Purcell Sells 5,712 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 5,712 shares of the stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $135.51, for a total value of $774,033.12. Following the transaction, the director now directly owns 160,708 shares of the company’s stock, valued at $21,777,541.08. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Tuesday, September 3rd, Paul Martin Purcell sold 6,512 shares of Sezzle stock. The stock was 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 stock was 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.
• 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.
• On Friday, August 16th, Paul Martin Purcell sold 1,556 shares of Sezzle stock. The stock was sold at an average price of $124.43, for a total value of $193,613.08.
• On Wednesday, August 14th, Paul Martin Purcell sold 800 shares of Sezzle stock. The stock was sold at an average price of $126.05, for a total value of $100,840.00.
• 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 value of $3,639,057.64.

Sezzle Stock Performance

Shares of NASDAQ:SEZL traded down $11.56 during midday trading on Friday, hitting $126.67. The company’s stock had a trading volume of 91,729 shares, compared to its average volume of 83,918. The stock has a market capitalization of $716.83 million and a price-to-earnings ratio of 57.17. The stock’s 50 day simple moving average is $102.77 and its 200 day simple moving average is $79.24. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $140.36. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results 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. The company had revenue of $55.97 million for the quarter, compared to the consensus estimate of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. As a group, research analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current year.

Institutional Investors Weigh In On Sezzle

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

Analyst Ratings Changes

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

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.