Sezzle (NASDAQ:SEZL) Stock Price Down 11.3% – Time to Sell?

Sezzle Inc. (NASDAQ:SEZL) shares traded down 11.3% during trading on Wednesday . The company traded as low as $61.58 and last traded at $60.8230. 249,957 shares were traded during trading, a decline of 66% from the average session volume of 739,773 shares. The stock had previously closed at $68.59.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on SEZL. Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a research note on Monday, December 29th. UBS Group set a $110.00 price objective on shares of Sezzle in a research report on Thursday, November 6th. Wall Street Zen lowered shares of Sezzle from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. Finally, TD Cowen cut their target price on shares of Sezzle from $83.00 to $82.00 and set a “hold” rating on the stock in a research note on Thursday, January 8th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $126.25.

Sezzle Stock Performance

The company’s 50 day moving average is $69.17 and its 200-day moving average is $78.96. The company has a market capitalization of $2.15 billion, a P/E ratio of 19.45 and a beta of 8.70. The company has a current ratio of 3.52, a quick ratio of 3.52 and a debt-to-equity ratio of 0.76.

Hedge Funds Weigh In On Sezzle

Several large investors have recently modified their holdings of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in Sezzle during the 2nd quarter valued at about $29,000. Vestcor Inc bought a new position in shares of Sezzle in the third quarter worth approximately $29,000. Covestor Ltd lifted its stake in shares of Sezzle by 109.4% in the fourth quarter. Covestor Ltd now owns 490 shares of the company’s stock worth $31,000 after buying an additional 256 shares in the last quarter. Spire Wealth Management purchased a new stake in shares of Sezzle during the second quarter valued at approximately $32,000. Finally, Avion Wealth bought a new stake in shares of Sezzle during the third quarter valued at approximately $47,000. Hedge funds and other institutional investors own 2.02% of the company’s stock.

About Sezzle

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.