Sezzle (NASDAQ:SEZL) Stock Price Down 3% - Should You Sell?

Sezzle Inc. (NASDAQ:SEZL - Get Free Report) shares were down 3% on Tuesday . The company traded as low as $126.78 and last traded at $131.97. Approximately 257,116 shares changed hands during trading, a decline of 70% from the average daily volume of 851,061 shares. The stock had previously closed at $135.98.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on SEZL shares. Wall Street Zen downgraded shares of Sezzle from a "strong-buy" rating to a "buy" rating in a research note on Thursday, May 22nd. Oppenheimer boosted their target price on shares of Sezzle from $168.00 to $202.00 and gave the company an "outperform" rating in a research note on Wednesday, July 2nd.

Sezzle Price Performance

The company has a debt-to-equity ratio of 0.56, a quick ratio of 2.62 and a current ratio of 2.62. The company has a 50-day moving average of $132.88 and a 200-day moving average of $74.63. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 45.46 and a beta of 9.16.

Insiders Place Their Bets

In other Sezzle news, CFO Karen Hartje sold 311,196 shares of the company's stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $71.83, for a total transaction of $22,353,208.68. Following the completion of the transaction, the chief financial officer owned 154,266 shares of the company's stock, valued at $11,080,926.78. This represents a 66.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul Paradis sold 50,000 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $90.53, for a total value of $4,526,500.00. Following the transaction, the director directly owned 528,382 shares of the company's stock, valued at approximately $47,834,422.46. This trade represents a 8.64% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 498,092 shares of company stock valued at $43,127,736 in the last quarter. 49.49% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Sezzle

Several large investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in Sezzle in the 4th quarter valued at $31,000. Farther Finance Advisors LLC bought a new stake in Sezzle in the 2nd quarter valued at $33,000. CWM LLC raised its stake in Sezzle by 49,400.0% in the 1st quarter. CWM LLC now owns 990 shares of the company's stock valued at $35,000 after acquiring an additional 988 shares during the period. Federated Hermes Inc. raised its stake in Sezzle by 3,575.0% in the 4th quarter. Federated Hermes Inc. now owns 147 shares of the company's stock valued at $38,000 after acquiring an additional 143 shares during the period. Finally, Sound Income Strategies LLC bought a new stake in Sezzle in the 2nd quarter valued at $40,000. Institutional investors and hedge funds 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.

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