Paul Martin Purcell Sells 8,654 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Martin Purcell sold 8,654 shares of the company's stock in a transaction on Tuesday, June 25th. The shares were sold at an average price of $82.50, for a total value of $713,955.00. Following the completion of the transaction, the director now directly owns 439,011 shares in the company, valued at $36,218,407.50. The sale was disclosed in a filing with the SEC, which is available through this link.

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

• On Friday, June 21st, Paul Martin Purcell sold 2,022 shares of Sezzle stock. The shares were sold at an average price of $83.35, for a total transaction of $168,533.70.
• On Monday, June 17th, Paul Martin Purcell sold 3,955 shares of Sezzle stock. The stock was sold at an average price of $82.19, for a total transaction of $325,061.45.

Sezzle Price Performance

SEZL stock traded up $0.48 during midday trading on Wednesday, reaching $82.00. The company had a trading volume of 122,649 shares, compared to its average volume of 75,573. The company has a market capitalization of $464.69 million and a price-to-earnings ratio of 35.96. The company has a debt-to-equity ratio of 2.42, a current ratio of 2.06 and a quick ratio of 2.06. Sezzle Inc. has a 1-year low of $7.15 and a 1-year high of $100.00. The stock has a 50 day moving average price of $69.59 and a 200-day moving average price of $52.84.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 8th. The company reported $1.34 earnings per share for the quarter. Sezzle had a net margin of 7.79% and a return on equity of 62.26%. The company had revenue of $46.98 million during the quarter.

Analyst Upgrades and Downgrades

Separately, B. Riley began coverage on Sezzle in a research note on Wednesday. They set a "buy" rating and a $113.00 price objective on the stock.

Institutional Trading of Sezzle

An institutional investor recently bought a new position in Sezzle stock. Vanguard Group Inc. purchased a new stake in Sezzle Inc. (NASDAQ:SEZL - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 158,233 shares of the company's stock, valued at approximately $13,369,000. Vanguard Group Inc. owned approximately 2.79% of Sezzle at the end of the most recent quarter. Institutional investors own 2.02% of the company's stock.

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.