Sunil Sajnani Sells 34,493 Shares of EZCORP, Inc. (NASDAQ:EZPW) Stock

EZCORP, Inc. (NASDAQ:EZPW) insider Sunil Sajnani sold 34,493 shares of the business’s stock in a transaction that occurred on Friday, November 22nd. The stock was 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 position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

EZCORP Stock Down 0.6 %

EZCORP stock opened at $12.54 on Wednesday. The company has a market capitalization of $683.05 million, a PE ratio of 11.14 and a beta of 1.03. EZCORP, Inc. has a 12-month low of $7.72 and a 12-month high of $12.85. The firm’s fifty day moving average is $11.50 and its 200 day moving average is $10.96. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28.

Institutional Investors Weigh In On EZCORP

Hedge funds and other institutional investors have recently bought and sold shares of the stock. State Board of Administration of Florida Retirement System acquired a new stake in shares of EZCORP in the 1st quarter valued at about $365,000. Vanguard Group Inc. boosted its holdings in EZCORP by 1.1% in the first quarter. Vanguard Group Inc. now owns 3,301,392 shares of the credit services provider’s stock worth $37,405,000 after acquiring an additional 34,821 shares in the last quarter. Quadrature Capital Ltd acquired a new stake in EZCORP in the first quarter valued at approximately $441,000. Caxton Associates LP bought a new stake in shares of EZCORP during the first quarter valued at approximately $436,000. Finally, Hancock Whitney Corp bought a new stake in shares of EZCORP during the first quarter valued at approximately $539,000. 99.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Stephens began 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 reissued a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th.

About EZCORP

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.