Paul Paradis Sells 3,000 Shares of Sezzle (NASDAQ:SEZL) Stock

Key Points

• Paul Paradis, a director at Sezzle, sold 3,000 shares of the company on August 19th for approximately $274,860, resulting in a 1.22% decrease in his ownership stake.
• Shares of Sezzle experienced a 4.7% decline during trading, with the stock price dropping to $88.85 amid a trading volume of 1,259,046.
• Sezzle's latest quarterly earnings report revealed an EPS of $0.69, which surpassed analysts' expectations, but its revenue of $60.31 million fell short of the estimated $93.33 million.

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) Director Paul Paradis sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $91.62, for a total value of $274,860.00. Following the transaction, the director directly owned 242,000 shares in the company, valued at $22,172,040. The trade was a 1.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

• On Tuesday, August 12th, Paul Paradis sold 3,000 shares of Sezzle stock. The shares were sold at an average price of $88.21, for a total transaction of $264,630.00.
• On Tuesday, July 29th, Paul Paradis sold 3,000 shares of Sezzle stock. The stock was 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 shares were 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 stock was 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 value 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 value of $324,660.00.

Sezzle Stock Down 4.7%

Shares of SEZL stock traded down $4.38 during trading hours on Tuesday, reaching $88.85. The company had a trading volume of 1,259,046 shares, compared to its average volume of 1,302,378. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 30.45 and a beta of 9.09. The company has a debt-to-equity ratio of 1.00, a current ratio of 3.51 and a quick ratio of 3.51. Sezzle Inc. has a 12 month low of $19.89 and a 12 month high of $186.74. The business has a fifty day simple moving average of $140.87 and a 200-day simple moving average of $87.38.

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

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Oppenheimer raised their price target on shares of Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research report on Wednesday, July 2nd. B. Riley boosted their price target on shares of Sezzle from $101.00 to $111.00 and gave the stock a "buy" rating in a report on Monday, August 11th. Finally, Wall Street Zen cut shares of Sezzle from a "buy" rating to a "hold" rating in a report on Saturday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sezzle currently has a consensus rating of "Buy" and an average price target of $124.33.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Sezzle in the second quarter valued at about $29,000. Spire Wealth Management purchased a new position in Sezzle in the second quarter valued at about $32,000. Farther Finance Advisors LLC purchased a new position in Sezzle in the second quarter valued at about $33,000. Sound Income Strategies LLC purchased a new position in Sezzle in the second quarter valued at about $40,000. Finally, Nisa Investment Advisors LLC boosted its stake in Sezzle by 351.5% in the second quarter. Nisa Investment Advisors LLC now owns 298 shares of the company's stock valued at $53,000 after acquiring an additional 232 shares during the last quarter. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

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.

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