1 week Ago By ABMN Staff
Sezzle Inc. ( NASDAQ:SEZL – Get Free Report ) traded down 6.9% during mid-day trading on Friday following insider selling activity.
The stock traded as low as $128.50 and last traded at $128.65.
26,765 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 83,541 shares. The stock had previously closed at $138.23.
Specifically, Director Paul Martin Purcell sold 5,712 shares of the stock in a transaction dated Thursday, September 5th. The shares were sold at an average price of $135.51, for a total transaction of $774,033.
12. Following the completion of the transaction, the director now owns 160,708 shares of the company’s stock, valued at approximately $21,777,541.08.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website . Also, Director Paul Martin Purcell sold 6,512 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $130.
98, for a total transaction of $852,941.76. Following the sale, the director now owns 177,346 shares in the company, valued at $23,228,779.
08. The disclosure for this sale can be found here . In other news, Director Paul Martin Purcell sold 10,000 shares of the company’s stock in a transaction dated Friday, August 30th.
The shares were sold at an average price of $134.22, for a total transaction of $1,342,200.00.
Following the sale, the director now directly owns 183,858 shares in the company, valued at approximately $24,677,420.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link .
Analyst Ratings Changes Several analysts have recently issued reports on SEZL shares. Northland Capmk upgraded shares of Sezzle to a “strong-buy” rating in a research report on Tuesday, July 9th. Northland Securities reissued an “outperform” rating and issued a $150.
00 price objective (up from $119.00) on shares of Sezzle in a research report on Thursday, August 29th. Finally, B.
Riley increased their price objective on shares of Sezzle from $132.00 to $163.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd.
Sezzle Price Performance The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.
37. The company has a market capitalization of $709.35 million and a PE ratio of 55.
56. The stock’s 50-day moving average is $103.54 and its two-hundred day moving average is $79.
98. Sezzle ( NASDAQ:SEZL – Get Free Report ) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $2.
17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $1.33.
The company had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million.
Sezzle had a net margin of 21.77% and a return on equity of 84.38%.
On average, equities analysts predict that Sezzle Inc. will post 6.71 EPS for the current year.
Hedge Funds Weigh In On Sezzle A number of institutional investors have recently modified their holdings of SEZL. Vanguard Group Inc. purchased a new position in shares of Sezzle during the first quarter worth approximately $13,369,000.
Bank of New York Mellon Corp purchased a new position in shares of Sezzle during the second quarter worth approximately $611,000. Rhumbline Advisers purchased a new position in shares of Sezzle during the second quarter worth approximately $203,000. XTX Topco Ltd purchased a new position in shares of Sezzle during the second quarter worth approximately $544,000.
Finally, Divisadero Street Capital Management LP purchased a new position in shares of Sezzle during the second quarter worth approximately $356,000. 2.02% of the stock is owned by hedge funds and other institutional investors.
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.
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