2 weeks Ago By ABMN Staff
Sezzle Inc. ( NASDAQ:SEZL – Get Free Report ) shares gapped down before the market opened on Friday after an insider sold shares in the company. The stock had previously closed at $176.
79, but opened at $172.51. Sezzle shares last traded at $175.
00, with a volume of 6,087 shares changing hands. Specifically, Director Paul Martin Purcell sold 809 shares of Sezzle stock in a transaction on Thursday, September 26th. The shares were sold at an average price of $180.
21, for a total value of $145,789.89. Following the sale, the director now directly owns 101,641 shares in the company, valued at approximately $18,316,724.
61. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink . Also, SVP Justin Krause sold 1,500 shares of the stock in a transaction dated Tuesday, September 24th.
The shares were sold at an average price of $178.00, for a total transaction of $267,000.00.
Following the transaction, the senior vice president now directly owns 16,533 shares of the company’s stock, valued at approximately $2,942,874. The disclosure for this sale can be found here . In other news, Director Paul Martin Purcell sold 1,800 shares of Sezzle stock in a transaction dated Monday, September 23rd.
The stock was sold at an average price of $165.35, for a total value of $297,630.00.
Following the sale, the director now directly owns 117,450 shares of the company’s stock, valued at $19,420,357.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website .
Analyst Upgrades and Downgrades A number of equities analysts recently commented on SEZL shares. 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. Northland Securities reiterated an “outperform” rating and set a $185.
00 target price (up from $150.00) on shares of Sezzle in a research report on Monday, September 23rd. Finally, Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th.
Sezzle Trading Down 2.2 % The stock has a market cap of $968.41 million and a P/E ratio of 75.
85. 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 stock’s fifty day moving average is $124.
00 and its 200 day moving average is $90.70. Sezzle ( NASDAQ:SEZL – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 7th.
The company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.84 by $1.
33. The business had revenue of $55.97 million during the quarter, compared to analyst estimates of $43.
35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.
77%. As a group, equities research analysts predict that Sezzle Inc. will post 6.
71 earnings per share for the current fiscal year. Institutional Trading of Sezzle Hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc.
bought a new position in Sezzle during the first quarter valued at $13,369,000. Bank of New York Mellon Corp bought a new stake in shares of Sezzle in the 2nd quarter worth about $611,000. XTX Topco Ltd purchased a new position in shares of Sezzle during the 2nd quarter worth about $544,000.
Divisadero Street Capital Management LP bought a new position in Sezzle during the 2nd quarter valued at about $356,000. Finally, Rhumbline Advisers purchased a new stake in Sezzle in the 2nd quarter worth about $203,000. Hedge funds and other institutional investors own 2.
02% of the company’s stock. About Sezzle ( 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. Further Reading Receive News & Ratings for Sezzle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sezzle and related companies with MarketBeat.com's FREE daily email newsletter .
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