In a recent transaction, Paul Paradis, the Executive Director and President of Sezzle Inc. (NYSE:SEZL), sold 175 shares of the company's common stock. The sale, which took place on April 19, 2024, amounted to over $9,800 in total value, with individual share prices ranging from $55.31 to $56.39.
Investors tracking insider activity may note that the weighted average price per share for this sale was reported at $56.0389. Following the transaction, Paul Paradis's direct ownership in Sezzle Inc. stands at 211,961 shares of common stock.
Sezzle Inc., headquartered in Minneapolis, operates within the business services sector, providing a platform for financial transactions and payments. The sale by a key executive of the company is a routine disclosure, and the detailed information regarding the number of shares sold at each price point is available upon request, as indicated in the filing footnotes.
This transaction was publicly filed with the Securities and Exchange Commission and is a matter of record for investors and stakeholders interested in the movements of Sezzle Inc.'s insiders. The company's shares are traded on the New York Stock Exchange under the ticker symbol SEZL.
InvestingPro Insights
Following the recent insider transaction at Sezzle Inc. (NYSE:SEZL), investors and analysts are closely monitoring the company's performance metrics. Despite the sale by Executive Director and President Paul Paradis, the company's net income is expected to grow this year, as indicated by one of the InvestingPro Tips. This potential for growth may reassure stakeholders looking at the long-term prospects of the company.
InvestingPro Data highlights the company's current market capitalization at $314.78 million USD, with a notably high Price / Book ratio of 14.25 as of the last twelve months ending Q4 2023. Additionally, Sezzle Inc. has experienced significant revenue growth of 26.91% during the same period, suggesting a robust expansion in its financial transactions and payment platform operations.
While the stock has seen a large price uptick over the last six months, with a total return of 395.83%, it has also been subject to high price volatility, as reflected in the recent one-week and one-month price total returns of -14.31% and -25.5%, respectively. This is consistent with another InvestingPro Tip that points out the stock's tendency for high volatility.
For investors looking to delve deeper into Sezzle Inc.'s financials and performance metrics, more InvestingPro Tips are available. There are additional tips listed on InvestingPro, which could provide further insights into the company's valuation and market behavior. To access these tips and comprehensive analytics, use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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