On August 8, 2024, Paul Paradis, Executive Director & President of Sezzle Inc (NASDAQ:SEZL), sold 1,645 shares of the company. The transaction was documented in a recent SEC filing. Following this sale, the insider now owns 186,272 shares of Sezzle Inc.
Sezzle Inc. is a financial technology company that provides payment platforms that facilitate payments between consumers and retailers in the United States, Canada and India. The company’s innovative solutions aim to give users control over their spending while providing retailers with tools to grow their customer base.
Over the past year, Paul Paradis has sold a total of 36,950 shares of Sezzle Inc. and made no purchases. This latest transaction is part of a broader trend within the company, where there have been 59 insider sales and no insider purchases over the past year.
On the day of the sale, Sezzle Inc. shares were trading at $102.89, giving the company a market capitalization of $658.716 million. Sezzle Inc.’s price-to-earnings ratio is 16.61, which is higher than the industry median of 14.66. This ratio indicates a higher valuation compared to industry peers.
In addition, Sezzle Inc. is considered significantly overvalued with a current stock price of $102.89 and a GF Value of $33.84 with a Price to GF Value ratio of 3.04. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus and the estimates of future business performance provided by Morningstar analysts.
This insider sale comes at a time when the stock is considered significantly overvalued according to GF Value, suggesting that a reassessment of the stock’s intrinsic value may be necessary.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
