On September 12, 2024, Amin Sabzivand, Chief Operating Officer of Sezzle Inc (SEZL, Financial), sold 1,500 shares of the company. The transaction was reported in a recent SEC Filing. Following this transaction, the insider now owns 51,748 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, Amin Sabzivand has sold a total of 6,400 shares of Sezzle Inc and has not made any purchases of the stock. This recent sale is part of a broader trend observed within the company, where there have been 93 insider sells and no insider buys over the same period.
On the valuation front, Sezzle Inc's shares were trading at $147.1 on the day of the sale, giving the company a market cap of approximately $841.704 million. The price-earnings ratio stands at 21.29, which is above both the industry median of 14.46 and the company's historical median.
According to the GF Value, an intrinsic value estimate calculated by GuruFocus, Sezzle Inc is significantly overvalued with a price-to-GF-Value ratio of 4.27. The GF Value is derived from historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, particularly in the context of the company's valuation metrics and overall insider selling trend.
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.
