Sezzle (NASDAQ:SEZL) Stock Price Down 4.6% - Time to Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) shares traded down 4.6% on Thursday . The stock traded as low as $227.49 and last traded at $230.96. 65,747 shares were traded during trading, a decline of 50% from the average session volume of 132,730 shares. The stock had previously closed at $242.06.

Wall Street Analyst Weigh In

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

Sezzle Stock Down 1.5 %

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 firm has a market capitalization of $1.29 billion, a P/E ratio of 24.53 and a beta of 9.58. The business has a 50 day moving average price of $288.75 and a 200 day moving average price of $217.93.

Sezzle (NASDAQ:SEZL - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The company reported $2.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $2.03. Sezzle had a return on equity of 101.18% and a net margin of 25.29%. The firm had revenue of $69.96 million for the quarter, compared to analyst estimates of $52.64 million. During the same period in the previous year, the company posted $0.23 earnings per share. On average, analysts predict that Sezzle Inc. will post 9.85 earnings per share for the current year.

Insider Transactions 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 stock was 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 of the company's stock, valued at approximately $11,109,474.72. This represents a 8.96 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Paul Paradis sold 4,026 shares of the business's stock in a transaction on Monday, November 18th. The shares were sold at an average price of $400.00, for a total value of $1,610,400.00. Following the completion of the sale, the director now directly owns 68,846 shares in the company, valued at approximately $27,538,400. This represents a 5.52 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 11,164 shares of company stock valued at $4,303,725. Company insiders own 57.65% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SEZL. Rhumbline Advisers lifted its holdings in Sezzle by 1.8% during the 4th quarter. Rhumbline Advisers now owns 2,556 shares of the company's stock valued at $654,000 after purchasing an additional 45 shares during the last quarter. SG Americas Securities LLC boosted its holdings in shares of Sezzle by 22.2% in the 4th quarter. SG Americas Securities LLC now owns 1,184 shares of the company's stock worth $303,000 after acquiring an additional 215 shares in the last quarter. Covestor Ltd bought a new stake in Sezzle during the 3rd quarter worth approximately $38,000. Modus Advisors LLC acquired a new stake in Sezzle during the 4th quarter valued at $80,000. Finally, Principal Securities Inc. bought a new position in Sezzle in the 4th quarter valued at $84,000. 2.02% of the stock is 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.