Sezzle (NASDAQ:SEZL) Stock Price Down 6.2% - Time to Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) shares were down 6.2% during trading on Tuesday . The stock traded as low as $205.51 and last traded at $207.20. Approximately 35,665 shares were traded during mid-day trading, a decline of 58% from the average daily volume of 84,250 shares. The stock had previously closed at $220.92.

Analyst Upgrades and Downgrades

Several analysts have commented on SEZL shares. B. Riley lifted their price target on Sezzle from $132.00 to $163.00 and gave the company a "buy" rating in a report on Friday, August 23rd. Northland Securities reaffirmed an "outperform" rating and issued a $185.00 price objective (up from $150.00) on shares of Sezzle in a research note on Monday, September 23rd. Finally, Northland Capmk raised Sezzle to a "strong-buy" rating in a research note on Tuesday, July 9th.

Sezzle Stock Down 2.0 %

The firm has a 50-day moving average of $161.03 and a 200 day moving average of $107.92. The stock has a market capitalization of $1.22 billion, a price-to-earnings ratio of 94.08 and a beta of 8.93. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 1.37.

Sezzle (NASDAQ:SEZL - Get Free Report) last released its quarterly earnings results on Wednesday, August 7th. The company reported $2.17 EPS for the quarter, topping the consensus estimate of $0.84 by $1.33. The firm had revenue of $55.97 million for the quarter, compared to analyst estimates of $43.35 million. Sezzle had a return on equity of 84.38% and a net margin of 21.77%. On average, sell-side analysts anticipate that Sezzle Inc. will post 6.71 earnings per share for the current year.

Insider Buying and Selling

In other Sezzle news, COO Amin Sabzivand sold 1,500 shares of the company's stock in a transaction that occurred on Thursday, October 17th. The stock was sold at an average price of $205.57, for a total value of $308,355.00. Following the transaction, the chief operating officer now directly owns 46,860 shares of the company's stock, valued at $9,633,010.20. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other Sezzle news, Director Paul Paradis sold 1,645 shares of the company's stock in a transaction that occurred on Friday, August 2nd. The stock was sold at an average price of $75.03, for a total value of $123,424.35. Following the transaction, the director now directly owns 187,917 shares of the company's stock, valued at $14,099,412.51. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Amin Sabzivand sold 1,500 shares of the company's stock in a transaction that occurred on Thursday, October 17th. The shares were sold at an average price of $205.57, for a total value of $308,355.00. Following the completion of the transaction, the chief operating officer now directly owns 46,860 shares in the company, valued at approximately $9,633,010.20. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 169,279 shares of company stock valued at $22,928,612. Corporate insiders own 57.65% of the company's stock.

Institutional Investors Weigh In On Sezzle

A number of institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of Sezzle in the 3rd quarter valued at approximately $165,000. OmniStar Financial Group Inc. bought a new stake in shares of Sezzle in the 3rd quarter valued at approximately $354,000. Creative Planning bought a new stake in shares of Sezzle in the 3rd quarter valued at approximately $383,000. Rhumbline Advisers bought a new stake in shares of Sezzle in the 2nd quarter valued at approximately $203,000. Finally, Divisadero Street Capital Management LP bought a new stake in shares of Sezzle in the 2nd quarter valued at approximately $356,000. 2.02% of the stock is currently owned by 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.