Sezzle (NASDAQ:SEZL) Trading Down 10.4% – Time to Sell?

Sezzle Inc. (NASDAQ:SEZL) shares were down 10.4% during mid-day trading on Monday . The company traded as low as $55.51 and last traded at $56.1940. Approximately 770,029 shares changed hands during trading, an increase of 7% from the average daily volume of 717,381 shares. The stock had previously closed at $62.75.

Analyst Ratings Changes

A number of research firms recently weighed in on SEZL. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sezzle in a report on Monday, December 29th. TD Cowen decreased their price objective on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating for the company in a research report on Thursday, January 8th. Needham & Company LLC began coverage on Sezzle in a research report on Thursday, February 12th. They set a “buy” rating and a $85.00 target price on the stock. Wall Street Zen cut Sezzle from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. Finally, UBS Group set a $76.00 price target on Sezzle in a report on Tuesday, February 17th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sezzle presently has an average rating of “Moderate Buy” and a consensus price target of $111.20.

Sezzle Price 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 company’s fifty day moving average price is $68.10 and its 200 day moving average price is $73.58. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of 17.48 and a beta of 8.70.

Institutional Trading of Sezzle

Several hedge funds have recently added to or reduced their stakes in SEZL. CWM LLC increased its holdings in shares of Sezzle by 8.1% during the 2nd quarter. CWM LLC now owns 1,070 shares of the company’s stock valued at $192,000 after acquiring an additional 80 shares during the last quarter. Ameritas Investment Partners Inc. boosted its position in Sezzle by 8.8% during the second quarter. Ameritas Investment Partners Inc. now owns 1,508 shares of the company’s stock worth $270,000 after purchasing an additional 122 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in Sezzle during the second quarter valued at approximately $29,000. Spire Wealth Management bought a new position in shares of Sezzle in the second quarter valued at approximately $32,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Sezzle by 8.3% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 2,600 shares of the company’s stock worth $207,000 after buying an additional 200 shares during the last quarter. Institutional investors own 2.02% of the company’s stock.

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.