TSX runs higher on rate cut expectations
Director and President of Sezzle Inc (NASDAQ:SEZL), Paul Paradis, sold 3,000 shares of common stock on August 5, 2025, at a price of $157.61, for a total value of $472,830. The sale comes as Sezzle’s stock has shown remarkable performance, with a nearly 1,000% return over the past year and a 236% gain in the last six months, according to InvestingPro data.
The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission. Following the transaction, Paradis directly owns 528,382 shares and indirectly owns 504,066 shares through Paradis Family LLC. He also indirectly owns 248,000 shares by spouse. With Sezzle’s market capitalization now at $4.7 billion and trading at a P/E ratio of 29, InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value.
The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person’s spouse on December 2, 2024. For deeper insights into insider trading patterns and 13 additional ProTips about Sezzle’s financial health and market position, visit InvestingPro.
In other recent news, Sezzle Inc. reported impressive financial results for the first quarter of 2025, with revenue reaching $104.9 million, a 123% increase from the previous year. The company’s net income also saw a substantial rise, growing by 286% to $36.2 million, surpassing market expectations. In addition to its financial performance, Sezzle has initiated a lawsuit against Shopify Inc (NASDAQ:SHOP)., alleging federal and state antitrust violations. The legal proceedings, filed in the U.S. District Court for the District of Minnesota, accuse Shopify of monopolistic practices that limit competition for buy now, pay later services.
Furthermore, Sezzle is seeking an injunction to stop Shopify’s alleged anticompetitive actions and is pursuing treble damages. On another front, Sezzle’s board has approved an amendment to the company’s 2021 Equity Incentive Plan. This update allows sell-to-cover transactions to facilitate tax withholding for participants and permits settlement delays during blackout periods. These recent developments highlight Sezzle’s ongoing strategic and operational activities.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.