EZCORP, Inc. (NASDAQ:EZPW) Insider Sells $428,403.06 in Stock

EZCORP, Inc. (NASDAQ:EZPW) insider Sunil Sajnani sold 34,493 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $12.42, for a total transaction of $428,403.06. Following the completion of the transaction, the insider now owns 66,242 shares in the company, valued at $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

EZCORP Trading Up 0.2 %

EZPW opened at $12.62 on Tuesday. The stock has a market capitalization of $687.41 million, a price-to-earnings ratio of 11.37 and a beta of 1.03. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. EZCORP, Inc. has a twelve month low of $7.72 and a twelve month high of $12.85. The company has a 50-day simple moving average of $11.46 and a 200 day simple moving average of $10.94.

Institutional Trading of EZCORP

A number of institutional investors and hedge funds have recently made changes to their positions in EZPW. Philadelphia Financial Management of San Francisco LLC bought a new position in EZCORP in the third quarter valued at approximately $8,372,000. Assenagon Asset Management S.A. increased its stake in shares of EZCORP by 44.4% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider’s stock valued at $15,292,000 after purchasing an additional 449,360 shares during the last quarter. Boston Partners raised its holdings in shares of EZCORP by 59.5% during the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider’s stock worth $9,553,000 after buying an additional 314,435 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of EZCORP by 449.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 333,539 shares of the credit services provider’s stock worth $3,739,000 after buying an additional 272,815 shares during the last quarter. Finally, American Century Companies Inc. boosted its stake in EZCORP by 62.0% in the second quarter. American Century Companies Inc. now owns 565,636 shares of the credit services provider’s stock valued at $5,922,000 after buying an additional 216,480 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Canaccord Genuity Group restated a “buy” rating and set a $19.00 target price on shares of EZCORP in a research report on Friday, October 4th. Stephens began coverage on EZCORP in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price target on the stock.

EZCORP Company Profile

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.