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

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) COO John Blair Jr. Powell sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, May 15th. The stock was sold at an average price of $13.73, for a total transaction of $137,300.00. Following the completion of the sale, the chief operating officer now owns 159,483 shares in the company, valued at $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 this link.

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 transaction 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 transaction of $132,600.00.
• On Tuesday, May 13th, John Blair Jr. Powell sold 20,000 shares of EZCORP stock. The stock was 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 Price Performance

Shares of EZPW stock traded down $0.24 on Friday, hitting $13.17. 400,032 shares of the stock traded hands, compared to its average volume of 749,049. The firm has a market cap of $724.53 million, a price-to-earnings ratio of 11.45 and a beta of 0.53. EZCORP, Inc. has a 52 week low of $9.66 and a 52 week high of $16.60. The firm has a 50 day simple moving average of $14.58 and a two-hundred day simple moving average of $13.58. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 2.13.

EZCORP (NASDAQ:EZPW - Get Free Report) last announced its quarterly earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.02. The company had revenue of $306.32 million for the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. As a group, equities research analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Institutional Trading of EZCORP

Institutional investors and hedge funds have recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new stake in EZCORP in the 4th quarter valued at $1,860,000. Y Intercept Hong Kong Ltd bought a new stake in EZCORP in the 4th quarter valued at $210,000. LPL Financial LLC increased its holdings in EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock valued at $176,000 after acquiring an additional 4,070 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in EZCORP by 6.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 92,641 shares of the credit services provider's stock valued at $1,132,000 after acquiring an additional 5,524 shares during the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in EZCORP in the 4th quarter valued at $122,000. 99.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Roth Mkm assumed coverage on shares of EZCORP in a research note on Monday, March 17th. They set a "buy" rating and a $16.00 price target on the stock. Stephens reiterated an "equal weight" rating and set a $17.00 price target on shares of EZCORP in a research note on Tuesday, May 20th. Wall Street Zen upgraded shares of EZCORP from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Canaccord Genuity Group dropped their price target on shares of EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a research note on Tuesday, May 6th. Finally, BTIG Research started coverage on shares of EZCORP in a research report on Wednesday, May 14th. They set a "neutral" rating on the stock. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $18.25.

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.