Paul Martin Purcell Sells 6,618 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 6,618 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $157.87, for a total value of $1,044,783.66. Following the completion of the transaction, the director now owns 120,047 shares of the company’s stock, valued at approximately $18,951,819.89. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

• 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 stock was 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 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.

Sezzle Stock Up 2.0 %

Shares of NASDAQ SEZL opened at $163.40 on Friday. The business has a 50-day simple moving average of $115.41 and a two-hundred day simple moving average of $86.94. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $166.18. The company has a market cap of $915.04 million and a P/E ratio of 71.67. 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 (NASDAQ:SEZL) last released its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 earnings per share for the quarter, beating 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 firm had revenue of $55.97 million for the quarter, compared to analysts’ expectations of $43.35 million. Research analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on SEZL. Northland Capmk upgraded Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Northland Securities restated an “outperform” rating and issued a $150.00 target price (up previously from $119.00) on shares of Sezzle in a research note on Thursday, August 29th. Finally, B. Riley raised their target price on Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently modified their holdings of SEZL. Vanguard Group Inc. purchased a new stake in shares of Sezzle in the 1st quarter valued at about $13,369,000. Bank of New York Mellon Corp purchased a new stake in shares of Sezzle in the 2nd quarter valued at about $611,000. XTX Topco Ltd purchased a new stake in shares of Sezzle in the 2nd quarter valued at about $544,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle during the 2nd quarter valued at about $356,000. Finally, Rhumbline Advisers purchased a new position in shares of Sezzle during the 2nd quarter valued at about $203,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

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.