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

EZCORP, Inc. (NASDAQ:EZPW) insider Sunil Sajnani sold 34,493 shares of EZCORP stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $12.42, for a total value of $428,403.06. Following the completion of the sale, the insider now directly owns 66,242 shares in the company, valued at approximately $822,725.64. This represents a 34.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

EZCORP Stock Up 0.9 %

EZPW stock opened at $12.65 on Thursday. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The business has a 50 day moving average price of $11.52 and a two-hundred day moving average price of $10.97. The company has a market cap of $688.98 million, a price-to-earnings ratio of 11.40 and a beta of 1.03. EZCORP, Inc. has a twelve month low of $7.72 and a twelve month high of $12.85.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Point72 Asset Management L.P. grew its stake in EZCORP by 4.1% in the second quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider’s stock valued at $342,000 after purchasing an additional 1,299 shares in the last quarter. ARS Investment Partners LLC boosted its stake in shares of EZCORP by 12.7% during the 2nd quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock worth $177,000 after acquiring an additional 1,899 shares during the period. Aigen Investment Management LP boosted its stake in shares of EZCORP by 16.5% during the 3rd quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider’s stock worth $199,000 after acquiring an additional 2,508 shares during the period. State Street Corp boosted its stake in shares of EZCORP by 0.3% during the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock worth $12,160,000 after acquiring an additional 2,809 shares during the period. Finally, ClariVest Asset Management LLC boosted its stake in shares of EZCORP by 2.9% during the 2nd quarter. ClariVest Asset Management LLC now owns 102,868 shares of the credit services provider’s stock worth $1,077,000 after acquiring an additional 2,876 shares during the period. 99.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

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.