Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell Sells 23,737 Shares

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Martin Purcell sold 23,737 shares of the company's stock in a transaction that occurred on Thursday, June 27th. The stock was sold at an average price of $86.31, for a total transaction of $2,048,740.47. Following the completion of the sale, the director now directly owns 414,873 shares of the company's stock, valued at $35,807,688.63. The sale was disclosed in a filing with the SEC, which is available at 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 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 value 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

Shares of NASDAQ:SEZL traded up $0.29 on Friday, reaching $88.22. 434,967 shares of the company traded hands, compared to its average volume of 78,863. The stock has a market capitalization of $500.21 million and a PE ratio of 38.69. The company has a debt-to-equity ratio of 2.42, a current ratio of 2.06 and a quick ratio of 2.06. The company's 50 day moving average is $71.17 and its 200-day moving average is $53.82. Sezzle Inc. has a fifty-two week low of $7.15 and a fifty-two week high of $100.00.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Sezzle stock. Vanguard Group Inc. acquired a new position in Sezzle Inc. (NASDAQ:SEZL - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 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. Hedge funds and other institutional investors own 2.02% of the company's stock.

Analyst Upgrades and Downgrades

Separately, B. Riley started coverage on shares of Sezzle in a research note on Wednesday. They issued a "buy" rating and a $113.00 price objective on the 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.