Insider Selling: EZCORP, Inc. (NASDAQ:EZPW) CRO Sells 10,000 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) CRO Nicole Swies sold 10,000 shares of the business's stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $12.47, for a total transaction of $124,700.00. Following the sale, the executive now owns 101,813 shares of the company's stock, valued at $1,269,608.11. This trade represents a 8.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link.

EZCORP Stock Down 2.0 %

Shares of EZPW traded down $0.25 during trading hours on Friday, reaching $12.26. 546,047 shares of the stock traded hands, compared to its average volume of 515,260. EZCORP, Inc. has a 52 week low of $8.20 and a 52 week high of $12.85. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The stock has a fifty day simple moving average of $11.81 and a 200 day simple moving average of $11.10. The company has a market cap of $667.80 million, a price-to-earnings ratio of 11.05 and a beta of 1.05.

Hedge Funds Weigh In On EZCORP

Hedge funds have recently modified their holdings of the company. Point72 Asset Management L.P. lifted its holdings in EZCORP by 4.1% during the second quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider's stock worth $342,000 after acquiring an additional 1,299 shares during the period. ARS Investment Partners LLC increased its holdings in EZCORP by 12.7% during the second quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider's stock worth $177,000 after buying an additional 1,899 shares during the last quarter. Aigen Investment Management LP raised its position in EZCORP by 16.5% in the third 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 EZCORP by 0.3% in the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider's stock valued at $12,160,000 after acquiring an additional 2,809 shares during the last quarter. Finally, ClariVest Asset Management LLC grew its position 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 valued at $1,077,000 after acquiring an additional 2,876 shares during the period. Institutional investors own 99.83% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on EZPW. Canaccord Genuity Group reiterated a "buy" rating and set a $19.00 price target on shares of EZCORP in a research note on Friday, October 4th. Stephens initiated coverage on EZCORP in a research report on Wednesday, November 13th. They set an "equal weight" rating and a $13.00 target price 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.