Sezzle (NASDAQ:SEZL) Shares Gap Down - Should You Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $272.52, but opened at $258.24. Sezzle shares last traded at $249.65, with a volume of 44,912 shares traded.

Wall Street Analyst Weigh In

SEZL has been the topic of several research reports. B. Riley reiterated a "buy" rating and set a $377.00 price objective (up previously from $372.00) on shares of Sezzle in a research note on Wednesday, February 26th. Northland Securities raised their price target on shares of Sezzle from $300.00 to $360.00 and gave the company an "outperform" rating in a research note on Thursday, December 19th.

Sezzle Stock Up 3.5 %

The firm's 50 day simple moving average is $263.53 and its 200 day simple moving average is $249.63. The company has a market cap of $1.32 billion, a price-to-earnings ratio of 24.86 and a beta of 9.05. The company has a quick ratio of 2.40, a current ratio of 2.40 and a debt-to-equity ratio of 1.54.

Sezzle (NASDAQ:SEZL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $4.39 EPS for the quarter, beating the consensus estimate of $3.08 by $1.31. Sezzle had a net margin of 25.29% and a return on equity of 101.18%. The company had revenue of $271.13 billion for the quarter, compared to analyst estimates of $73.90 million. Sell-side analysts anticipate that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

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Insider Buying and Selling at Sezzle

In other news, CFO Karen Hartje sold 3,457 shares of the stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $316.32, for a total value of $1,093,518.24. Following the completion of the transaction, the chief financial officer now directly owns 35,121 shares in the company, valued at $11,109,474.72. This trade represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 57.65% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in SEZL. G2 Investment Partners Management LLC boosted its holdings in shares of Sezzle by 275.9% in the fourth quarter. G2 Investment Partners Management LLC now owns 102,192 shares of the company's stock valued at $26,141,000 after acquiring an additional 75,007 shares in the last quarter. Marshall Wace LLP boosted its holdings in shares of Sezzle by 792.3% in the fourth quarter. Marshall Wace LLP now owns 79,983 shares of the company's stock valued at $20,460,000 after acquiring an additional 71,019 shares in the last quarter. D. E. Shaw & Co. Inc. boosted its holdings in shares of Sezzle by 912.8% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 21,097 shares of the company's stock valued at $5,397,000 after acquiring an additional 19,014 shares in the last quarter. Millennium Management LLC boosted its holdings in shares of Sezzle by 172.7% in the fourth quarter. Millennium Management LLC now owns 27,398 shares of the company's stock valued at $7,008,000 after acquiring an additional 17,351 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Sezzle by 816.9% in the fourth quarter. Jane Street Group LLC now owns 15,707 shares of the company's stock valued at $4,018,000 after acquiring an additional 13,994 shares in the last quarter. 2.02% of the stock is currently owned by institutional investors.

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.