Insider Selling: Sezzle Inc. (NASDAQ:SEZL) Director Sells 3,000 Shares of Stock

Key Points

• Paul Paradis, a director at Sezzle Inc., sold 3,000 shares at an average price of $88.21, totaling $264,630, decreasing his ownership by 1.21% to 245,000 shares.
• Sezzle's stock recently traded up to $92.17 and has experienced significant volatility, with a one-year low of $19.67 and a high of $186.74.
• Analyst ratings have varied, with B. Riley raising its price target from $101.00 to $111.00 and giving a "buy" rating, while Oppenheimer increased their target from $168.00 to $202.00.

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Paradis sold 3,000 shares of the stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $88.21, for a total transaction of $264,630.00. Following the completion of the sale, the director directly owned 245,000 shares in the company, valued at $21,611,450. This trade represents a 1.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Paul Paradis also recently made the following trade(s):

• On Tuesday, July 29th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $147.19, for a total transaction of $441,570.00.
• On Tuesday, July 22nd, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $135.34, for a total transaction of $406,020.00.
• On Tuesday, July 8th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was sold at an average price of $182.03, for a total transaction of $546,090.00.
• On Tuesday, July 1st, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $176.08, for a total transaction of $528,240.00.
• On Tuesday, June 24th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $148.62, for a total transaction of $445,860.00.
• On Tuesday, June 17th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $146.00, for a total transaction of $438,000.00.
• On Tuesday, May 27th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was sold at an average price of $108.22, for a total transaction of $324,660.00.

Sezzle Stock Up 3.4%

Shares of SEZL stock traded up $3.15 during trading on Monday, reaching $95.02. The company's stock had a trading volume of 289,053 shares, compared to its average volume of 1,056,366. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.51 and a quick ratio of 3.51. The company has a market capitalization of $3.23 billion, a price-to-earnings ratio of 32.56 and a beta of 9.09. The stock's 50-day moving average price is $142.33 and its 200 day moving average price is $86.99. Sezzle Inc. has a 1-year low of $19.89 and a 1-year high of $186.74.

Sezzle (NASDAQ:SEZL - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.58 by $0.11. Sezzle had a net margin of 28.13% and a return on equity of 102.90%. The company had revenue of $60.31 million during the quarter, compared to analysts' expectations of $93.33 million. On average, research analysts anticipate that Sezzle Inc. will post 9.77 EPS for the current year.

Analysts Set New Price Targets

A number of research firms have recently issued reports on SEZL. B. Riley boosted their price target on shares of Sezzle from $101.00 to $111.00 and gave the company a "buy" rating in a research note on Monday, August 11th. Wall Street Zen downgraded shares of Sezzle from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Oppenheimer boosted their price target on shares of Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of SEZL. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Sezzle during the 2nd quarter worth $29,000. Spire Wealth Management acquired a new position in shares of Sezzle during the 2nd quarter worth $32,000. Farther Finance Advisors LLC acquired a new position in shares of Sezzle during the 2nd quarter worth $33,000. CWM LLC grew its stake in shares of Sezzle by 49,400.0% during the 1st quarter. CWM LLC now owns 990 shares of the company's stock worth $35,000 after purchasing an additional 988 shares during the period. Finally, Federated Hermes Inc. grew its stake in Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock valued at $38,000 after acquiring an additional 143 shares during the last quarter. Hedge funds and other institutional investors own 2.02% of the company's stock.

About Sezzle

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.