EZCORP, Inc. (NASDAQ:EZPW) COO John Blair Jr. Powell Sells 10,000 Shares

EZCORP, Inc. (NASDAQ:EZPW) COO John Blair Jr. Powell sold 10,000 shares of the stock in a transaction dated Thursday, May 15th. The shares were sold at an average price of $13.73, for a total value of $137,300.00. Following the transaction, the chief operating officer now directly owns 159,483 shares in the company, valued at approximately $2,189,701.59. This represents a 5.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

John Blair Jr. Powell also recently made the following trade(s):

• On Tuesday, June 10th, John Blair Jr. Powell sold 3,500 shares of EZCORP stock. The stock was sold at an average price of $13.81, for a total value of $48,335.00.
• On Thursday, May 22nd, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The stock was sold at an average price of $13.26, for a total value of $132,600.00.
• On Tuesday, May 13th, John Blair Jr. Powell sold 20,000 shares of EZCORP stock. The shares were sold at an average price of $14.17, for a total transaction of $283,400.00.
• On Thursday, May 8th, John Blair Jr. Powell sold 42,500 shares of EZCORP stock. The stock was sold at an average price of $14.55, for a total transaction of $618,375.00.

EZCORP Stock Down 0.2%

Shares of EZPW opened at $13.71 on Thursday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. The company has a 50-day simple moving average of $14.67 and a 200-day simple moving average of $13.57. EZCORP, Inc. has a 52 week low of $9.66 and a 52 week high of $16.60. The firm has a market capitalization of $754.24 million, a P/E ratio of 11.92 and a beta of 0.53.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 EPS for the quarter, beating the consensus estimate of $0.32 by $0.02. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. The firm had revenue of $306.32 million during the quarter, compared to analysts’ expectations of $310.35 million. On average, equities research analysts expect that EZCORP, Inc. will post 1.3 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Roth Mkm assumed coverage on shares of EZCORP in a report on Monday, March 17th. They issued a “buy” rating and a $16.00 target price on the stock. Wall Street Zen downgraded EZCORP from a “strong-buy” rating to a “buy” rating in a research note on Thursday, May 22nd. BTIG Research assumed coverage on EZCORP in a report on Wednesday, May 14th. They issued a “neutral” rating on the stock. Stephens reiterated an “equal weight” rating and set a $17.00 price target on shares of EZCORP in a report on Tuesday, May 20th. Finally, Canaccord Genuity Group reduced their price objective on EZCORP from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Tuesday, May 6th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $18.25.

Institutional Trading of EZCORP

Institutional investors and hedge funds have recently modified their holdings of the company. GAMMA Investing LLC lifted its position in EZCORP by 60.4% in the first quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider’s stock worth $75,000 after purchasing an additional 1,906 shares during the period. National Bank of Canada FI bought a new position in shares of EZCORP during the 1st quarter worth about $91,000. Quarry LP lifted its holdings in shares of EZCORP by 652.4% during the 1st quarter. Quarry LP now owns 7,637 shares of the credit services provider’s stock worth $112,000 after acquiring an additional 6,622 shares during the period. KLP Kapitalforvaltning AS acquired a new stake in shares of EZCORP during the 4th quarter valued at about $122,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in EZCORP in the fourth quarter valued at about $138,000. 99.83% of the stock is currently owned by institutional investors.

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.