Sezzle (NASDAQ:SEZL) Trading Down 5.1% – Here’s Why

Sezzle Inc. (NASDAQ:SEZL) dropped 5.1% during trading on Tuesday . The stock traded as low as $71.14 and last traded at $71.3430. Approximately 215,775 shares changed hands during trading, a decline of 79% from the average daily volume of 1,007,744 shares. The stock had previously closed at $75.15.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. TD Cowen began coverage on shares of Sezzle in a report on Thursday, September 11th. They set a “hold” rating and a $82.00 price target on the stock. Wall Street Zen cut shares of Sezzle from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 15th. UBS Group set a $110.00 price objective on Sezzle in a report on Thursday, November 6th. Finally, Cowen assumed coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Sezzle currently has a consensus rating of “Hold” and a consensus target price of $126.25.

Sezzle Stock Performance

The company has a debt-to-equity ratio of 0.76, a quick ratio of 3.52 and a current ratio of 3.52. The stock’s 50 day moving average price is $65.46 and its 200 day moving average price is $99.38. The company has a market capitalization of $2.45 billion, a P/E ratio of 22.20 and a beta of 8.68.

Sezzle (NASDAQ:SEZL) last issued its quarterly earnings results on Tuesday, November 19th. The company reported $0.21 EPS for the quarter. Sezzle had a net margin of 27.66% and a return on equity of 90.06%. The business had revenue of $40.84 million for the quarter. As a group, equities analysts expect that Sezzle Inc. will post 9.77 EPS for the current year.

Insiders Place Their Bets

In other Sezzle news, CFO Karen Hartje sold 5,484 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $85.00, for a total value of $466,140.00. Following the transaction, the chief financial officer owned 116,053 shares in the company, valued at approximately $9,864,505. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kyle M. Brehm acquired 1,217 shares of Sezzle stock in a transaction on Wednesday, November 12th. The stock was purchased at an average cost of $57.50 per share, with a total value of $69,977.50. Following the purchase, the director directly owned 24,129 shares of the company’s stock, valued at approximately $1,387,417.50. This trade represents a 5.31% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 49.49% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in Sezzle during the 2nd quarter worth approximately $29,000. Vestcor Inc purchased a new stake in Sezzle in the 3rd quarter valued at $29,000. Spire Wealth Management bought a new position in Sezzle during the 2nd quarter valued at $32,000. Farther Finance Advisors LLC bought a new stake in shares of Sezzle in the 2nd quarter worth $33,000. Finally, Sound Income Strategies LLC purchased a new position in Sezzle during the second quarter worth about $40,000. 2.02% of the stock is owned by institutional investors.

Sezzle Company Profile

Sezzle Inc is a financial technology company specializing in buy now, pay later (BNPL) services that enable consumers to split purchases into interest-free installment payments. By integrating its platform with e-commerce merchants, Sezzle provides shoppers with flexible payment options at checkout while merchants benefit from increased conversion rates and average order values. The company’s technology is designed to offer a seamless user experience, with instant approval decisions and no hidden fees, positions it as a consumer-friendly alternative to traditional credit products.

Founded in 2016 and headquartered in Minneapolis, Minnesota, Sezzle completed its initial public offering on the Nasdaq under the ticker SEZL.