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 company’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 value of $428,403.06. Following the sale, the insider now 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

EZCORP Price Performance

NASDAQ:EZPW traded up $0.09 during trading hours on Monday, hitting $12.69. The company’s stock had a trading volume of 284,592 shares, compared to its average volume of 518,062. The stock has a fifty day simple moving average of $11.46 and a 200-day simple moving average of $10.94. The company has a market capitalization of $691.22 million, a P/E ratio of 11.35 and a beta of 1.03. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.71 and a quick ratio of 1.99. EZCORP, Inc. has a twelve month low of $7.72 and a twelve month high of $12.85.

Institutional Trading of EZCORP

Several large investors have recently bought and sold shares of the business. Point72 Asset Management L.P. boosted 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 buying 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 second quarter. ARS Investment Partners LLC now owns 16,874 shares of the credit services provider’s stock valued at $177,000 after purchasing an additional 1,899 shares in the last quarter. Aigen Investment Management LP boosted its stake in shares of EZCORP by 16.5% during the third quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider’s stock valued at $199,000 after purchasing an additional 2,508 shares in the last quarter. State Street Corp boosted its stake in shares of EZCORP by 0.3% during 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 purchasing an additional 2,809 shares in the last quarter. Finally, ClariVest Asset Management LLC boosted its stake in shares of EZCORP by 2.9% during the second quarter. ClariVest Asset Management LLC now owns 102,868 shares of the credit services provider’s stock valued at $1,077,000 after purchasing an additional 2,876 shares in the last quarter. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EZPW has been the topic of a number of analyst reports. Stephens initiated coverage on EZCORP in a research note on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price objective on the stock. 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.

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.