Sezzle (NASDAQ:SEZL) Stock Price Down 5.9% - Should You Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) shares fell 5.9% on Thursday . The company traded as low as $235.49 and last traded at $245.70. 35,914 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 156,279 shares. The stock had previously closed at $261.06.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. B. Riley reiterated a "buy" rating and set a $377.00 target price (up previously from $372.00) on shares of Sezzle in a report on Wednesday, February 26th. Northland Securities increased their target price on Sezzle from $300.00 to $360.00 and gave the company an "outperform" rating in a report on Thursday, December 19th.

Sezzle Trading Down 12.6 %

The business has a fifty day simple moving average of $262.51 and a 200 day simple moving average of $251.01. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 21.71 and a beta of 9.09. The company has a debt-to-equity ratio of 1.54, a quick ratio of 2.40 and a current ratio of 2.40.

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

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Sezzle declared that its Board of Directors has authorized a share repurchase program on Monday, March 10th that allows the company to buyback $50.00 million in outstanding shares. This buyback authorization allows the company to buy up to 4.3% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Insiders Place Their Bets

In other Sezzle news, CFO Karen Hartje sold 3,457 shares of the stock in a transaction 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 owns 35,121 shares of the company's stock, valued at $11,109,474.72. This represents a 8.96 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 57.65% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SEZL. Plato Investment Management Ltd purchased a new position in shares of Sezzle in the 4th quarter worth $30,000. Meeder Asset Management Inc. purchased a new position in shares of Sezzle in the 4th quarter worth $31,000. Federated Hermes Inc. raised its position in shares of Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock worth $38,000 after buying an additional 143 shares during the period. Covestor Ltd purchased a new position in shares of Sezzle in the 3rd quarter worth $38,000. Finally, Modus Advisors LLC purchased a new position in shares of Sezzle in the 4th quarter worth $80,000. Hedge funds and other 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.