Paul Martin Purcell Sells 2,401 Shares of Sezzle Inc. (NASDAQ:SEZL) Stock

Sezzle Inc. (NASDAQ:SEZL) Director Paul Martin Purcell sold 2,401 shares of the firm’s stock in a transaction that occurred on Tuesday, November 26th. The stock was sold at an average price of $465.72, for a total transaction of $1,118,193.72. Following the transaction, the director now directly owns 58,275 shares in the company, valued at $27,139,833. This represents a 3.96 % decrease in their ownership of the stock. The sale 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 Friday, November 15th, Paul Martin Purcell sold 1,280 shares of Sezzle stock. The stock was sold at an average price of $376.26, for a total value of $481,612.80.
• On Wednesday, October 2nd, Paul Martin Purcell sold 7,824 shares of Sezzle stock. The stock was sold at an average price of $164.86, for a total value of $1,289,864.64.
• 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 stock was sold at an average price of $180.21, for a total transaction 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 transaction 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 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 stock was 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 stock was sold at an average price of $135.51, for a total transaction of $774,033.12.

Sezzle Stock Performance

Sezzle stock opened at $414.95 on Thursday. The business has a 50 day moving average of $252.71 and a 200-day moving average of $151.72. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. Sezzle Inc. has a 1 year low of $9.75 and a 1 year high of $477.52. The company has a market capitalization of $2.33 billion, a P/E ratio of 44.14 and a beta of 8.49.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Northland Securities upped their price objective on shares of Sezzle from $185.00 to $300.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. B. Riley increased their price target on Sezzle from $132.00 to $163.00 and gave the company a “buy” rating in a research note on Friday, August 23rd.

Hedge Funds Weigh In On Sezzle

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Sezzle during the third quarter worth $188,000. Virtu Financial LLC bought a new position in Sezzle during the 3rd quarter worth $276,000. Barclays PLC raised its position in Sezzle by 125.4% during the 3rd quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after purchasing an additional 2,512 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of Sezzle in the 3rd quarter valued at about $292,000. Finally, State Street Corp grew its position in shares of Sezzle by 3.5% in the 3rd quarter. State Street Corp now owns 49,362 shares of the company’s stock valued at $8,421,000 after buying an additional 1,683 shares during the last quarter. 2.02% of the stock is currently owned by institutional investors and hedge funds.

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.