GAMMA Investing LLC Purchases 71,357 Shares of EZCORP, Inc. (NASDAQ:EZPW)

GAMMA Investing LLC boosted its position in shares of EZCORP, Inc. (NASDAQ:EZPW - Free Report) by 2,261.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,513 shares of the credit services provider's stock after purchasing an additional 71,357 shares during the quarter. GAMMA Investing LLC owned 0.14% of EZCORP worth $1,097,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. KLP Kapitalforvaltning AS bought a new position in shares of EZCORP during the fourth quarter worth $122,000. Sherbrooke Park Advisers LLC acquired a new stake in EZCORP during the 4th quarter worth $138,000. LPL Financial LLC lifted its holdings in EZCORP by 39.3% during the fourth quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider's stock worth $176,000 after acquiring an additional 4,070 shares in the last quarter. Teza Capital Management LLC lifted its holdings in EZCORP by 6.6% during the fourth quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider's stock worth $176,000 after acquiring an additional 896 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in EZCORP in the fourth quarter valued at about $188,000. Institutional investors own 99.83% of the company's stock.

Insider Buying and Selling at EZCORP

In other EZCORP news, COO John Blair Jr. Powell sold 20,000 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was sold at an average price of $14.17, for a total value of $283,400.00. Following the completion of the transaction, the chief operating officer now directly owns 169,483 shares in the company, valued at $2,401,574.11. This trade represents a 10.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last three months, insiders have sold 86,000 shares of company stock worth $1,220,010. Insiders own 2.13% of the company's stock.

EZCORP Stock Down 0.3%

EZCORP stock traded down $0.04 during midday trading on Thursday, reaching $13.26. The stock had a trading volume of 690,944 shares, compared to its average volume of 756,163. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $16.60. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.25 and a current ratio of 4.04. The firm's fifty day simple moving average is $14.47 and its 200-day simple moving average is $13.60. The stock has a market capitalization of $729.43 million, a P/E ratio of 11.14 and a beta of 0.53.

EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data 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. EZCORP had a net margin of 7.45% and a return on equity of 11.53%. The company had revenue of $306.32 million for the quarter, compared to the consensus estimate of $310.35 million. As a group, analysts expect that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.

Analysts Set New Price Targets

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