Paul Martin Purcell Sells 809 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Posted by Thomas Dobrow on Sep 29th, 2024

Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 809 shares of the business’s stock in a transaction that occurred on Thursday, September 26th. The stock was sold at an average price of $180.21, for a total transaction of $145,789.89. Following the sale, the director now directly owns 101,641 shares in the company, valued at $18,316,724.61. The transaction was disclosed in a legal filing with the SEC, which is available 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 transaction of $297,630.00.
On Thursday, September 19th, Paul Martin Purcell sold 6,618 shares of Sezzle stock. The shares were 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 stock was 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 stock was 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 transaction of $774,033.12.
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 transaction 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 transaction 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 shares were sold at an average price of $127.12, for a total value of $63,560.00.

Sezzle Trading Down 2.2 %

NASDAQ SEZL opened at $172.93 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 1.37. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $185.18. The business has a 50 day moving average price of $124.00 and a 200-day moving average price of $90.70. The company has a market cap of $968.41 million and a price-to-earnings ratio of 75.85.

Sezzle (NASDAQ:SEZL – Get Free Report) last announced its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, beating analysts’ consensus estimates of $0.84 by $1.33. Sezzle had a net margin of 21.77% and a return on equity of 84.38%. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.35 million. As a group, equities analysts expect that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

View Our Latest Research Report on SEZL

Institutional Investors Weigh In On Sezzle

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

Sezzle Company Profile

(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.