Sezzle Inc. (NASDAQ:SEZL) Director Sells $168,533.70 in Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 2,022 shares of the firm’s stock in a transaction that occurred on Friday, June 21st. The stock was sold at an average price of $83.35, for a total transaction of $168,533.70. Following the completion of the transaction, the director now directly owns 447,665 shares of the company’s stock, valued at approximately $37,312,877.75. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• On Tuesday, June 25th, Paul Martin Purcell sold 8,654 shares of Sezzle stock. The shares were sold at an average price of $82.50, for a total value of $713,955.00.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The shares were sold at an average price of $82.19, for a total value of $325,061.45.

Sezzle Stock Performance

Shares of SEZL opened at $82.00 on Thursday. Sezzle Inc. has a 52 week low of $7.15 and a 52 week high of $100.00. The company has a debt-to-equity ratio of 2.42, a quick ratio of 2.06 and a current ratio of 2.06. The company has a market capitalization of $464.94 million and a PE ratio of 35.97. The company’s 50 day moving average price is $69.59 and its 200 day moving average price is $52.84.

Sezzle (NASDAQ:SEZL) last posted its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 EPS for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The business had revenue of $46.98 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, B. Riley assumed coverage on Sezzle in a research report on Wednesday. They set a “buy” rating and a $113.00 price objective for the company.

Institutional Investors Weigh In On Sezzle

A hedge fund recently bought a new stake in Sezzle stock. Vanguard Group Inc. bought a new stake in Sezzle Inc. (NASDAQ:SEZL) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 158,233 shares of the company’s stock, valued at approximately $13,369,000. Vanguard Group Inc. owned about 2.79% of Sezzle as of its most recent SEC filing. 2.02% of the stock is currently owned by institutional investors.

Sezzle Company Profile

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.