Sezzle director Paradis sells $438k in shares

Published 18/06/2025, 22:40
Sezzle director Paradis sells $438k in shares

Director and President of Sezzle Inc (NASDAQ:SEZL), Paul Paradis, sold 3,000 shares of common stock on June 17, 2025, at a price of $146.0, totaling $438,000. The sale comes as Sezzle’s stock trades near its 52-week high of $152.10, having surged over 250% in the past six months. According to InvestingPro analysis, technical indicators suggest the stock is currently in overbought territory.

The transaction was executed under a Rule 10b5-1 trading plan adopted by Paradis’s spouse on December 2, 2024. Following the transaction, Paradis directly owns 528,382 shares and indirectly owns 269,000 shares through his spouse, and 504,066 shares through Paradis Family LLC. With Sezzle’s market capitalization at $4.79 billion and trading at a price-to-book ratio of 37.86, InvestingPro subscribers can access 13 additional key insights about the company’s valuation and momentum indicators through the comprehensive Pro Research Report.

In other recent news, Sezzle Inc. reported a strong financial performance for the first quarter of 2025, with revenue reaching $104.9 million, marking a 123% increase compared to the previous year. The company’s net income also saw a significant rise, reaching $36.2 million, a 286% increase year-over-year. Following these results, Sezzle raised its revenue growth guidance for 2025 to 60-65%, up from the previous 20-30% estimate. Additionally, Sezzle is engaged in legal proceedings against Shopify Inc (NASDAQ:SHOP)., alleging antitrust violations related to buy now, pay later services on Shopify’s platform. This lawsuit seeks to halt what Sezzle claims are Shopify’s monopolistic practices and is pursuing treble damages. The company’s revenue from Shopify’s platform accounted for less than 5% of its total revenue in the first quarter. Furthermore, Sezzle’s stock was upgraded by analysts at Northland, reflecting confidence in the company’s growth prospects. These developments highlight Sezzle’s ongoing efforts to expand its market presence and financial performance.

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