EZCORP, Inc. (NASDAQ:EZPW) Stake Cut by Stephens Investment Management Group LLC

Stephens Investment Management Group LLC cut its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 13.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,726,573 shares of the credit services provider’s stock after selling 258,121 shares during the quarter. Stephens Investment Management Group LLC owned 3.17% of EZCORP worth $21,099,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of EZCORP by 97.0% during the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 1,554 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in EZCORP in the 3rd quarter worth approximately $106,000. nVerses Capital LLC boosted its stake in shares of EZCORP by 640.0% during the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock valued at $124,000 after buying an additional 9,600 shares during the period. Stephens Inc. AR purchased a new position in shares of EZCORP during the 3rd quarter valued at $138,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of EZCORP in the third quarter worth $150,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

EZCORP Stock Up 8.7 %

EZPW stock opened at $13.43 on Monday. The firm has a market cap of $731.53 million, a PE ratio of 11.68 and a beta of 1.01. EZCORP, Inc. has a 1 year low of $9.65 and a 1 year high of $13.56. The company has a fifty day simple moving average of $12.21 and a 200 day simple moving average of $11.73. The company has a current ratio of 2.91, a quick ratio of 1.99 and a debt-to-equity ratio of 0.27.

EZCORP (NASDAQ:EZPW) last announced its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. Sell-side analysts anticipate that EZCORP, Inc. will post 1.26 EPS for the current fiscal year.

Analyst Ratings Changes

EZPW has been the topic of a number of recent research reports. Stephens restated an “equal weight” rating and issued a $13.50 target price on shares of EZCORP in a research note on Thursday. Canaccord Genuity Group lifted their price target on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday.

Insider Buying and Selling

In other news, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the sale, the insider now directly owns 66,242 shares of the company’s stock, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the transaction, the executive now directly owns 101,813 shares of the company’s stock, valued at $1,269,608.11. This represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 2.13% of the company’s stock.

About EZCORP

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.