Insider Sale: COO Amin Sabzivand Sells 1,500 Shares of Sezzle Inc (SEZL)

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4 days ago
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On October 17, 2024, Amin Sabzivand, Chief Operating Officer of Sezzle Inc (SEZL, Financial), sold 1,500 shares of the company at a price of $205.57 per share. The transaction, detailed in the SEC Filing, resulted in a total sale amount of $308,355. Following this transaction, the insider now owns 46,860 shares of Sezzle Inc.

Sezzle Inc operates as a financial technology company, offering 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 by providing financial freedom through responsible spending practices.

Over the past year, Amin Sabzivand has sold a total of 10,900 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 109 insider sells and no insider buys over the same period.

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Shares of Sezzle Inc were trading at $205.57 on the day of the sale, giving the company a market cap of approximately $1.262 billion. The price-earnings ratio of the stock stands at 32.16, which is significantly higher than both the industry median of 14.935 and the historical median for the company.

According to the GF Value, an intrinsic value estimate used by GuruFocus, Sezzle Inc is currently significantly overvalued. The GF Value of $35.18 suggests a price-to-GF-Value ratio of 5.84, indicating that the stock's market price is much higher than its estimated fair value.

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The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and expected future business outcomes.

This sale by the insider at Sezzle Inc provides further data for investors tracking insider behaviors and evaluating the stock's valuation metrics in relation to its current trading price.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.