Sezzle (NASDAQ:SEZL) Stock Price Down 5.1% – Here’s What Happened

Sezzle Inc. (NASDAQ:SEZL)’s share price 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 were traded during trading, a decline of 79% from the average daily volume of 1,007,744 shares. The stock had previously closed at $75.15.

Analyst Ratings Changes

SEZL has been the subject of a number of research analyst reports. UBS Group set a $110.00 price target on Sezzle in a research report on Thursday, November 6th. TD Cowen began coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating and a $82.00 target price for the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 15th. Cowen began coverage on shares of Sezzle in a report on Thursday, September 11th. They set a “hold” rating for the company. Finally, Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Sezzle has an average rating of “Hold” and a consensus price target of $126.25.

Sezzle Trading Down 4.4%

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

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

Insiders Place Their Bets

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

Institutional Investors Weigh In On Sezzle

Several institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Sezzle by 497.6% during the 1st quarter. Vanguard Group Inc. now owns 1,013,698 shares of the company’s stock valued at $35,368,000 after buying an additional 844,084 shares during the period. Charles Schwab Investment Management Inc. raised its position in Sezzle by 483.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 120,661 shares of the company’s stock valued at $4,210,000 after purchasing an additional 99,964 shares during the last quarter. Deutsche Bank AG lifted its holdings in Sezzle by 469.0% in the 1st quarter. Deutsche Bank AG now owns 11,886 shares of the company’s stock worth $415,000 after buying an additional 9,797 shares during the period. Swiss National Bank lifted its holdings in Sezzle by 489.1% in the 1st quarter. Swiss National Bank now owns 32,400 shares of the company’s stock worth $1,130,000 after buying an additional 26,900 shares during the period. Finally, Invesco Ltd. grew its position in shares of Sezzle by 471.1% in the 1st quarter. Invesco Ltd. now owns 7,133 shares of the company’s stock worth $249,000 after buying an additional 5,884 shares during the last quarter. 2.02% of the stock is currently owned by hedge funds and other 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.