Sezzle (NASDAQ:SEZL) Shares Gap Down – What’s Next?

Sezzle Inc. (NASDAQ:SEZL) gapped down before the market opened on Monday . The stock had previously closed at $228.63, but opened at $217.08. Sezzle shares last traded at $215.00, with a volume of 12,464 shares trading hands.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on SEZL. B. Riley reiterated a “buy” rating and set a $372.00 target price (up from $353.00) on shares of Sezzle in a report on Thursday, December 19th. Northland Securities increased their target price on shares of Sezzle from $300.00 to $360.00 and gave the stock an “outperform” rating in a report on Thursday, December 19th.

Sezzle Trading Down 4.7 %

The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54. The stock’s fifty day moving average price is $325.92 and its two-hundred day moving average price is $202.41. The company has a market capitalization of $1.22 billion, a PE ratio of 23.19 and a beta of 9.72.

Insiders Place Their Bets

In related news, Director Kyle M. Brehm acquired 106 shares of the stock in a transaction on Wednesday, November 20th. The stock was acquired at an average cost of $402.00 per share, for a total transaction of $42,612.00. Following the completion of the acquisition, the director now directly owns 3,608 shares of the company’s stock, valued at approximately $1,450,416. This represents a 3.03 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Amin Sabzivand sold 1,500 shares of the firm’s stock in a transaction dated Thursday, October 17th. The stock was sold at an average price of $205.57, for a total transaction of $308,355.00. Following the completion of the sale, the chief operating officer now owns 46,860 shares of the company’s stock, valued at $9,633,010.20. This trade represents a 3.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 9,207 shares of company stock worth $3,518,562 over the last three months. Company insiders own 57.65% of the company’s stock.

Institutional Trading of Sezzle

Institutional investors and hedge funds have recently bought and sold shares of the stock. Covestor Ltd bought a new position in shares of Sezzle during the third quarter valued at approximately $38,000. Modus Advisors LLC bought a new position in shares of Sezzle during the fourth quarter valued at approximately $80,000. SG Americas Securities LLC bought a new position in shares of Sezzle during the third quarter valued at approximately $165,000. Wilmington Savings Fund Society FSB bought a new position in shares of Sezzle during the third quarter valued at approximately $188,000. Finally, Rhumbline Advisers bought a new position in shares of Sezzle during the second quarter valued at approximately $203,000. 2.02% of the stock is currently owned by hedge funds and other institutional investors.

Sezzle Company Profile

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.