Insider Sale: Executive Director & President Paul Paradis Sells Shares of Sezzle Inc (SEZL)
On June 7, 2024, Paul Paradis, Executive Director & President of Sezzle Inc (NASDAQ:SEZL), sold 1,645 shares of the company. The transaction was documented in an SEC Filing. Following this sale, the insider now owns 201,681 shares of Sezzle Inc.
Sezzle Inc operates as a financial technology company, providing payment platforms that facilitate payments between consumers and retailers in the United States, Canada, and India. The company's innovative solutions aim to empower users to take control of their spending while providing retailers with tools to grow their customer base.
Over the past year, Paul Paradis has sold a total of 22,145 shares and has not made any purchases of the company's stock. The insider transaction history for Sezzle Inc shows a total of 22 insider sells and no insider buys over the same timeframe.
On the day of the recent transaction, shares of Sezzle Inc were trading at $86.96, giving the company a market cap of $447.836 million. The price-earnings ratio of the company stands at 34.66, which is higher than both the industry median of 14.385 and the companys historical median.
According to the GF Value, an intrinsic value estimate developed by GuruFocus, Sezzle Inc is currently significantly overvalued. The stock's price-to-GF-Value ratio is 2.81, with a GF Value of $30.95. This valuation is based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.