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

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $228.63, but opened at $217.08. Sezzle shares last traded at $215.00, with a volume of 12,464 shares traded.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on SEZL shares. Northland Securities lifted their price objective on Sezzle from $300.00 to $360.00 and gave the company an "outperform" rating in a research report on Thursday, December 19th. B. Riley reaffirmed a "buy" rating and set a $372.00 price target (up previously from $353.00) on shares of Sezzle in a report on Thursday, December 19th.

Sezzle Stock Down 2.9 %

The company has a debt-to-equity ratio of 1.54, a current ratio of 2.40 and a quick ratio of 2.40. The company has a 50-day moving average price of $325.92 and a 200 day moving average price of $202.41. The firm has a market capitalization of $1.24 billion, a PE ratio of 23.61 and a beta of 9.72.

Insider Buying and Selling

In related news, Director Kyle M. Brehm purchased 110 shares of the firm's stock in a transaction 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 purchase, the director now directly owns 3,718 shares in the company, valued at $1,338,480. This trade represents a 3.05 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Paul Martin Purcell sold 2,401 shares of the stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $465.72, for a total transaction of $1,118,193.72. Following the transaction, the director now directly owns 58,275 shares of the company's stock, valued at $27,139,833. This trade represents a 3.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,207 shares of company stock valued at $3,518,562. Corporate insiders own 57.65% of the company's stock.

Institutional Trading of Sezzle

A number of large investors have recently added to or reduced their stakes in SEZL. Covestor Ltd purchased a new stake in shares of Sezzle during the 3rd quarter valued at about $38,000. Modus Advisors LLC purchased a new stake in shares of Sezzle in the fourth quarter valued at $80,000. SG Americas Securities LLC bought a new stake in shares of Sezzle in the 3rd quarter worth about $165,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Sezzle during the 3rd quarter worth about $188,000. Finally, Rhumbline Advisers bought a new position in Sezzle during the 2nd quarter valued at about $203,000. Institutional investors own 2.02% of the company's stock.

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.