Sezzle (NASDAQ:SEZL) Stock Price Down 6.3% - Should You Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report)'s stock price fell 6.3% on Tuesday . The stock traded as low as $258.12 and last traded at $260.05. 53,734 shares traded hands during trading, a decline of 57% from the average session volume of 123,707 shares. The stock had previously closed at $277.54.

Analysts Set New Price Targets

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

Sezzle Price Performance

The company has a fifty day moving average of $263.12 and a 200 day moving average of $229.22. The firm has a market capitalization of $1.91 billion, a P/E ratio of 36.19 and a beta of 9.56. The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40.

Insiders Place Their Bets

In other Sezzle news, CFO Karen Hartje sold 3,457 shares of the stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $316.32, for a total transaction of $1,093,518.24. Following the transaction, the chief financial officer now directly owns 35,121 shares in the company, valued at approximately $11,109,474.72. This represents a 8.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Paul Paradis sold 4,026 shares of the stock in a transaction that occurred on Monday, November 18th. The stock was sold at an average price of $400.00, for a total value of $1,610,400.00. Following the transaction, the director now owns 68,846 shares in the company, valued at $27,538,400. The trade was a 5.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,884 shares of company stock worth $3,822,112. Corporate insiders own 57.65% of the company's stock.

Hedge Funds Weigh In On Sezzle

A number of institutional investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Sezzle by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 169,614 shares of the company's stock worth $43,387,000 after purchasing an additional 3,853 shares during the period. Marshall Wace LLP raised its position in shares of Sezzle by 792.3% during the fourth quarter. Marshall Wace LLP now owns 79,983 shares of the company's stock worth $20,460,000 after purchasing an additional 71,019 shares during the period. State Street Corp raised its position in shares of Sezzle by 3.5% during the third quarter. State Street Corp now owns 49,362 shares of the company's stock worth $8,421,000 after purchasing an additional 1,683 shares during the period. Northern Trust Corp raised its position in shares of Sezzle by 6.8% during the fourth quarter. Northern Trust Corp now owns 20,708 shares of the company's stock worth $5,297,000 after purchasing an additional 1,319 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Sezzle by 1.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 20,697 shares of the company's stock worth $5,294,000 after purchasing an additional 334 shares during the period. 2.02% of the stock is owned by institutional investors and hedge funds.

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.