Sezzle Inc. (NASDAQ:SEZL – Get Free Report) Director Paul Martin Purcell sold 7,824 shares of the firm’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $164.86, for a total value of $1,289,864.64. Following the completion of the transaction, the director now directly owns 82,776 shares in the company, valued at $13,646,451.36. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Paul Martin Purcell also recently made the following trade(s):
- On Monday, September 30th, Paul Martin Purcell sold 9,808 shares of Sezzle stock. The shares were sold at an average price of $170.43, for a total value of $1,671,577.44.
- On Thursday, September 26th, Paul Martin Purcell sold 809 shares of Sezzle stock. The shares were 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 shares were 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 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 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.
Sezzle Stock Performance
NASDAQ:SEZL opened at $155.35 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 2.07 and a quick ratio of 2.07. Sezzle Inc. has a 1 year low of $7.15 and a 1 year high of $185.18. The stock’s 50 day simple moving average is $131.52 and its two-hundred day simple moving average is $94.43. The company has a market cap of $879.13 million, a price-to-earnings ratio of 68.14 and a beta of 8.93.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on SEZL shares. B. Riley lifted their target price on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Northland Capmk raised Sezzle to a “strong-buy” rating in a research note on Tuesday, July 9th. Finally, Northland Securities reissued an “outperform” rating and set a $185.00 target price (up previously from $150.00) on shares of Sezzle in a research note on Monday, September 23rd.
Read Our Latest Analysis on Sezzle
Institutional Trading of Sezzle
A number of large investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new position in shares of Sezzle in the 3rd quarter worth approximately $165,000. Rhumbline Advisers purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $203,000. Divisadero Street Capital Management LP purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $356,000. XTX Topco Ltd purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $544,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Sezzle in the 2nd quarter worth approximately $611,000. 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.
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