The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sezzle Inc shares valued at $1,118,200 were sold by Purcell Paul Martin on Nov 26 ’24. At $465.72 per share, Purcell Paul Martin sold 2,401 shares. The insider’s holdings dropped to 58,275 shares worth approximately $24.18 million following the completion of this transaction.
Also, Purcell Paul Martin sold 739 shares, netting a total of over 343,965 in proceeds. Following the sale of shares at $465.45 each, the insider now holds 60,676 shares.
Before that, Purcell Paul Martin had sold 7,981 shares from its account. In a trade valued at $3,693,634, the Former Director traded Sezzle Inc shares for $462.80 each. Upon closing the transaction, the insider’s holdings decreased to 7,981 shares, worth approximately $25.48 million.
As published in their initiating research note from Northland Capital on July 09, 2024, Sezzle Inc [SEZL] has been an Outperform and the price target has been revised to $119. Analysts at B. Riley Securities started covering the stock with ‘”a Buy”‘ outlook in a report released in late June.
Analyzing SEZL Stock Performance
During the last five days, there has been a surge of approximately 6.36%. Over the course of the year, Sezzle Inc shares have jumped approximately 1922.17%. Shares of the company reached a 52-week high of $477.52 on 11/22/24 and a 52-week low of $16.23 on 01/10/24. A 50-day SMA is recorded $252.70, while a 200-day SMA reached $124.81. Nevertheless, trading volume fell to 75358.0 shares from 0.15 million shares the previous day.
Support And Resistance Levels for Sezzle Inc (SEZL)
According to the 24-hour chart, there is a support level at 393.31, which, if violated, would cause prices to drop to 371.66. In the upper region, resistance lies at 441.65. The next price resistance is at 468.34. RSI (Relative Strength Index) is 62.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 21.58, which suggests the price will increase in the coming days. Percent R is at 36.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
