64,808 Shares in EZCORP, Inc. $EZPW Bought by Centiva Capital LP

Key Points

• Centiva Capital LP bought 64,808 shares of EZCORP (NASDAQ:EZPW) in Q3, a new stake valued at about $1,234,000, representing roughly 0.11% of the company.
• Wall Street analysts have a consensus rating of “Moderate Buy” with a consensus target price of $28.00, and several firms recently issued Buy/Outperform or upgraded ratings.
• EZCORP recently beat estimates with $0.55 EPS (vs. $0.40 est.) and $374.5M revenue for the quarter, while insiders have sold about 84,138 shares (~$2.1M) in the past 90 days.

Centiva Capital LP purchased a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 64,808 shares of the credit services provider's stock, valued at approximately $1,234,000. Centiva Capital LP owned about 0.11% of EZCORP at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Aster Capital Management DIFC Ltd bought a new position in shares of EZCORP in the 3rd quarter worth about $29,000. Covestor Ltd boosted its position in shares of EZCORP by 239.3% during the 3rd quarter. Covestor Ltd now owns 2,728 shares of the credit services provider's stock valued at $52,000 after purchasing an additional 1,924 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of EZCORP by 15,019.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider's stock valued at $60,000 after purchasing an additional 3,154 shares in the last quarter. CWM LLC grew its stake in EZCORP by 126.3% during the third quarter. CWM LLC now owns 3,422 shares of the credit services provider's stock worth $65,000 after purchasing an additional 1,910 shares during the period. Finally, Jones Financial Companies Lllp increased its holdings in EZCORP by 913.5% in the third quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider's stock worth $79,000 after purchasing an additional 3,800 shares in the last quarter. 99.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on EZPW shares. Weiss Ratings reissued a "buy (b)" rating on shares of EZCORP in a research note on Thursday, January 22nd. Canaccord Genuity Group set a $34.00 price objective on shares of EZCORP in a research note on Friday, February 6th. Citizens Jmp boosted their target price on shares of EZCORP from $23.00 to $26.00 and gave the company a "market outperform" rating in a research report on Tuesday, January 20th. Wall Street Zen raised shares of EZCORP from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 7th. Finally, Citigroup restated an "outperform" rating on shares of EZCORP in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $28.00.

EZCORP Stock Down 0.4%

Shares of NASDAQ:EZPW opened at $25.87 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.69 and a current ratio of 6.03. EZCORP, Inc. has a 52-week low of $12.85 and a 52-week high of $27.30. The business's 50 day simple moving average is $23.61 and its two-hundred day simple moving average is $20.28. The firm has a market cap of $1.60 billion, a P/E ratio of 16.58 and a beta of 0.49.

EZCORP (NASDAQ:EZPW - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $0.55 EPS for the quarter, beating the consensus estimate of $0.40 by $0.15. EZCORP had a return on equity of 12.37% and a net margin of 9.18%.The firm had revenue of $374.50 million during the quarter, compared to the consensus estimate of $363.63 million. As a group, research analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Insider Buying and Selling at EZCORP

In other news, insider Ellen H. Bryant sold 20,000 shares of EZCORP stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $25.00, for a total transaction of $500,000.00. Following the completion of the transaction, the insider directly owned 147,786 shares in the company, valued at $3,694,650. This trade represents a 11.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Nicole Swies sold 24,138 shares of the business's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $24.75, for a total transaction of $597,415.50. Following the sale, the executive directly owned 115,266 shares of the company's stock, valued at approximately $2,852,833.50. The trade was a 17.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 84,138 shares of company stock worth $2,102,416. Company insiders own 2.13% of the company's stock.

EZCORP Profile

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.

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