Jane Street Group LLC decreased its position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 85.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,683 shares of the credit services provider's stock after selling 265,188 shares during the period. Jane Street Group LLC owned 0.09% of EZCORP worth $523,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the company. USA Financial Formulas acquired a new stake in shares of EZCORP in the third quarter valued at $32,000. Quarry LP lifted its holdings in EZCORP by 169.1% in the 2nd quarter. Quarry LP now owns 4,736 shares of the credit services provider's stock valued at $50,000 after acquiring an additional 2,976 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of EZCORP during the 3rd quarter valued at about $106,000. nVerses Capital LLC grew its stake in shares of EZCORP by 640.0% in the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider's stock worth $124,000 after purchasing an additional 9,600 shares during the last quarter. Finally, Stephens Inc. AR acquired a new position in shares of EZCORP in the 3rd quarter worth approximately $138,000. 99.83% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
EZPW has been the subject of several recent research reports. Stephens initiated coverage on shares of EZCORP in a research note on Wednesday, November 13th. They set an "equal weight" rating and a $13.00 target price for the company. Canaccord Genuity Group reiterated a "buy" rating and set a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th.
Read Our Latest Stock Analysis on EZCORP
EZCORP Trading Down 0.2 %
EZPW stock traded down $0.02 during mid-day trading on Monday, reaching $12.10. 250,625 shares of the stock traded hands, compared to its average volume of 298,275. EZCORP, Inc. has a 52-week low of $8.20 and a 52-week high of $12.85. The stock's fifty day moving average is $12.08 and its 200-day moving average is $11.38. The company has a market cap of $659.03 million, a P/E ratio of 10.90 and a beta of 1.03. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28.
Insider Activity
In other news, insider Sunil Sajnani sold 34,493 shares of the 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 of the company's stock, valued at $822,725.64. This represents a 34.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 transaction, the executive now owns 101,813 shares in the company, valued at approximately $1,269,608.11. This represents a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is owned by company insiders.
EZCORP Profile
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Free Report)
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.
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