Paul Martin Purcell Sells 7,824 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Paul Martin Purcell, a director at Sezzle Inc. (NASDAQ:SEZL), sold 7,824 shares of the company's stock on October 2nd for $6,289,864.64. Following this transaction, he owns 82,776 shares valued at approximately $6,646,451.36, reflecting a 0.00% decrease in his ownership. This sale is part of a series of recent transactions where Purcell sold a total of 9,808 shares on September 30th and several other smaller amounts throughout September. Sezzle's stock has seen fluctuations, with a recent trading price of $0.60 and a market cap of $22 million.

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 shares were sold at an average price of $164.86, for a total value of $1,289,864.64. Following the sale, the director now directly owns 82,776 shares in the company, valued at approximately $13,646,451.36. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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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 transaction 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 stock was sold at an average price of $157.87, for a total transaction 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 transaction 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 transaction 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 transaction 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 shares were 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 shares were sold at an average price of $134.22, for a total transaction of $1,342,200.00.

Sezzle Trading Up 3.4 %

Shares of NASDAQ:SEZL traded up $5.00 during trading on Friday, reaching $153.60. 71,777 shares of the stock were exchanged, compared to its average volume of 83,906. Sezzle Inc. has a 12-month low of $7.15 and a 12-month high of $185.18. The firm's 50-day moving average price is $130.12 and its 200 day moving average price is $93.55. The company has a debt-to-equity ratio of 1.37, a quick ratio of 2.07 and a current ratio of 2.07. The firm has a market cap of $869.22 million and a price-to-earnings ratio of 65.21.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping analysts' consensus estimates of $0.84 by $1.33. The company had revenue of $55.97 million for the quarter, compared to analysts' expectations of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. On average, sell-side analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on SEZL shares. B. Riley increased their price objective on shares of 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 shares of 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 price target (up previously from $150.00) on shares of Sezzle in a research report on Monday, September 23rd.

Read Our Latest Stock Report on SEZL

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. XTX Topco Ltd purchased a new position in Sezzle in the second quarter valued at about $544,000. Vanguard Group Inc. acquired a new position in Sezzle in the first quarter worth approximately $13,369,000. Divisadero Street Capital Management LP bought a new position in Sezzle during the second quarter valued at approximately $356,000. Bank of New York Mellon Corp acquired a new stake in Sezzle in the second quarter valued at approximately $611,000. Finally, Rhumbline Advisers acquired a new position in shares of Sezzle during 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.

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