Insider Selling: EZCORP, Inc. (NASDAQ:EZPW) COO Sells 20,000 Shares of Stock

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) COO John Blair Jr. Powell sold 20,000 shares of EZCORP 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 sale, the chief operating officer now owns 169,483 shares of the company's stock, valued at approximately $2,401,574.11. The trade was a 10.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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 value of $48,335.00.
• On Thursday, May 22nd, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $13.26, for a total transaction of $132,600.00.
• On Thursday, May 15th, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The stock was sold at an average price of $13.73, for a total transaction of $137,300.00.
• On Thursday, May 8th, John Blair Jr. Powell sold 42,500 shares of EZCORP stock. The shares were sold at an average price of $14.55, for a total transaction of $618,375.00.

EZCORP Stock Down 2.2%

Shares of EZCORP stock traded down $0.30 on Thursday, hitting $13.41. The company had a trading volume of 546,525 shares, compared to its average volume of 747,737. The stock has a market capitalization of $737.74 million, a price-to-earnings ratio of 11.66 and a beta of 0.53. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.13 and a current ratio of 2.91. EZCORP, Inc. has a 1 year low of $9.66 and a 1 year high of $16.60. The stock has a 50 day moving average of $14.67 and a 200-day moving average of $13.57.

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

Analysts Set New Price Targets

EZPW has been the subject of a number of research analyst reports. Wall Street Zen lowered EZCORP from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Canaccord Genuity Group decreased their price objective on EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. BTIG Research assumed coverage on EZCORP in a report on Wednesday, May 14th. They issued a "neutral" rating on the stock. Stephens restated an "equal weight" rating and set a $17.00 price target on shares of EZCORP in a research note on Tuesday, May 20th. Finally, Roth Capital set a $16.00 price objective on shares of EZCORP in a report on Monday, March 17th. Two analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, EZCORP presently has a consensus rating of "Moderate Buy" and an average target price of $18.25.

Institutional Trading of EZCORP

Several institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in EZCORP in the 4th quarter worth about $1,860,000. Y Intercept Hong Kong Ltd purchased a new position in shares of EZCORP in the 4th quarter worth approximately $210,000. LPL Financial LLC grew its holdings in shares of EZCORP by 39.3% in the fourth 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 in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of EZCORP during the fourth quarter valued at approximately $122,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of EZCORP by 6.3% during the fourth 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. Hedge funds and other institutional investors own 99.83% of the company's stock.

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.