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

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

Wall Street Analyst Weigh In

Several analysts recently issued reports on SEZL shares. Northland Securities boosted their price target on Sezzle from $300.00 to $360.00 and gave the company an “outperform” rating in a research note on Thursday, December 19th. B. Riley restated a “buy” rating and issued a $372.00 price target (up from $353.00) on shares of Sezzle in a research note on Thursday, December 19th.

Sezzle Trading Down 1.9 %

The firm has a market capitalization of $1.46 billion, a P/E ratio of 27.75 and a beta of 9.23. 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 firm has a 50 day moving average of $310.72 and a 200-day moving average of $183.58.

Insider Transactions at Sezzle

In other news, Director Kyle M. Brehm purchased 110 shares of Sezzle stock in a transaction that occurred on Thursday, December 5th. The shares were acquired at an average price of $360.00 per share, for a total transaction of $39,600.00. Following the transaction, the director now owns 3,718 shares of the company’s stock, valued at approximately $1,338,480. The trade was a 3.05 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Amin Sabzivand sold 1,500 shares of the company’s stock in a transaction on Monday, October 14th. The stock was sold at an average price of $187.00, for a total value of $280,500.00. Following the sale, the chief operating officer now owns 48,360 shares of the company’s stock, valued at $9,043,320. The trade was a 3.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 29,148 shares of company stock valued at $6,906,293. 57.65% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new position in shares of Sezzle in the second quarter worth about $611,000. Rhumbline Advisers bought a new position in Sezzle in the 2nd quarter valued at approximately $203,000. XTX Topco Ltd bought a new position in Sezzle in the 2nd quarter valued at approximately $544,000. Divisadero Street Capital Management LP bought a new stake in shares of Sezzle during the second quarter worth $356,000. Finally, SG Americas Securities LLC acquired a new position in shares of Sezzle during the third quarter worth $165,000. 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.