Sezzle (NASDAQ:SEZL) Stock Price Down 4.2% – Should You Sell?

Sezzle Inc. (NASDAQ:SEZL) shares fell 4.2% during trading on Tuesday . The stock traded as low as $252.47 and last traded at $254.68. 11,482 shares traded hands during mid-day trading, a decline of 88% from the average session volume of 92,724 shares. The stock had previously closed at $265.97.

Analyst Upgrades and Downgrades

SEZL has been the subject of a number of research reports. B. Riley reiterated a “buy” rating and set a $372.00 target price (up previously from $353.00) on shares of Sezzle in a report on Thursday, December 19th. Northland Securities upped their price objective on Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a research report on Thursday, December 19th.

Sezzle Stock Performance

The stock’s 50-day moving average price is $310.72 and its 200 day moving average price is $183.58. The firm has a market cap of $1.46 billion, a P/E ratio of 27.75 and a beta of 9.23. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40.

Insider Transactions at Sezzle

In other news, Director Paul Martin Purcell sold 9,808 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $170.43, for a total transaction of $1,671,577.44. Following the sale, the director now owns 91,833 shares in the company, valued at $15,651,098.19. This represents a 9.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Kyle M. Brehm bought 110 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was purchased at an average cost of $360.00 per share, with a total value of $39,600.00. Following the completion of the purchase, the director now directly owns 3,718 shares of the company’s stock, valued at $1,338,480. This represents a 3.05 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 29,148 shares of company stock worth $6,906,293 in the last three months. Insiders own 57.65% of the company’s stock.

Institutional Trading of Sezzle

Several institutional investors and hedge funds have recently bought and sold shares of the business. Principal Financial Group Inc. acquired a new position in shares of Sezzle during the 3rd quarter worth approximately $548,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sezzle in the third quarter valued at $188,000. Virtu Financial LLC bought a new position in shares of Sezzle in the third quarter valued at about $276,000. Barclays PLC lifted its stake in shares of Sezzle by 125.4% during the 3rd quarter. Barclays PLC now owns 4,515 shares of the company’s stock worth $771,000 after buying an additional 2,512 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of Sezzle during the 3rd quarter worth about $292,000. Institutional investors own 2.02% of the company’s stock.

About Sezzle

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.