Sezzle (NASDAQ:SEZL) Trading Down 5.8% – Should You Sell?

Sezzle Inc. (NASDAQ:SEZL)’s share price fell 5.8% on Tuesday . The stock traded as low as $260.00 and last traded at $260.00. 18,590 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 110,612 shares. The stock had previously closed at $276.05.

Analyst Ratings Changes

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

Sezzle Stock Performance

The company has a market capitalization of $1.44 billion, a PE ratio of 27.37 and a beta of 9.72. The stock has a 50-day simple moving average of $323.81 and a 200 day simple moving average of $197.80. 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 Activity at Sezzle

In other news, Director Paul Paradis sold 4,026 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $400.00, for a total transaction of $1,610,400.00. Following the completion of the sale, the director now directly owns 68,846 shares in the company, valued at $27,538,400. This represents a 5.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Amin Sabzivand sold 1,500 shares of the business’s stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $187.00, for a total value of $280,500.00. Following the sale, the chief operating officer now directly owns 48,360 shares of the company’s stock, valued at approximately $9,043,320. This trade represents a 3.01 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 10,707 shares of company stock valued at $3,799,062. 57.65% of the stock is owned by insiders.

Institutional Trading of Sezzle

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Covestor Ltd acquired a new stake in shares of Sezzle in the third quarter worth $38,000. Modus Advisors LLC acquired a new stake in Sezzle in the 4th quarter valued at $80,000. SG Americas Securities LLC purchased a new position in Sezzle in the third quarter valued at about $165,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Sezzle during the third quarter worth about $188,000. Finally, Rhumbline Advisers purchased a new position in Sezzle in the 2nd quarter worth approximately $203,000. Institutional investors and hedge funds 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.