EZCORP, Inc. (NASDAQ:EZPW) COO Sells $618,375.00 in Stock

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) COO John Blair Jr. Powell sold 42,500 shares of the company's stock in a transaction on Thursday, May 8th. The shares were sold at an average price of $14.55, for a total value of $618,375.00. Following the completion of the sale, the chief operating officer now directly owns 189,483 shares in the company, valued at $2,756,977.65. This trade represents a 18.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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 shares were 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 value of $132,600.00.
• On Thursday, May 15th, John Blair Jr. Powell sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $13.73, for a total value of $137,300.00.
• On Tuesday, May 13th, John Blair Jr. Powell sold 20,000 shares of EZCORP stock. The shares were sold at an average price of $14.17, for a total value of $283,400.00.

EZCORP Stock Performance

Shares of EZPW traded down $0.24 during mid-day trading on Friday, hitting $13.17. The stock had a trading volume of 400,032 shares, compared to its average volume of 749,049. The company has a market cap of $724.53 million, a PE ratio of 11.45 and a beta of 0.53. The company's fifty day simple moving average is $14.58 and its two-hundred day simple moving average is $13.58. The company has a quick ratio of 2.13, a current ratio of 2.91 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a fifty-two week low of $9.66 and a fifty-two week high of $16.60.

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC boosted its position in EZCORP by 60.4% during the 1st quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider's stock valued at $75,000 after purchasing an additional 1,906 shares during the period. National Bank of Canada FI acquired a new position in EZCORP during the 1st quarter valued at approximately $91,000. Quarry LP boosted its position in EZCORP by 652.4% during the 1st quarter. Quarry LP now owns 7,637 shares of the credit services provider's stock valued at $112,000 after purchasing an additional 6,622 shares during the period. KLP Kapitalforvaltning AS acquired a new position in EZCORP during the 4th quarter valued at approximately $122,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in EZCORP during the 4th quarter valued at approximately $138,000. Institutional investors and hedge funds own 99.83% of the company's stock.

Analyst Ratings Changes

EZPW has been the topic of several recent research reports. Wall Street Zen upgraded EZCORP from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Roth Mkm started coverage on EZCORP in a report on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective on the stock. Stephens reiterated an "equal weight" rating and set a $17.00 target price on shares of EZCORP in a report on Tuesday, May 20th. BTIG Research began coverage on EZCORP in a research note on Wednesday, May 14th. They set a "neutral" rating for the company. Finally, Canaccord Genuity Group lowered their price objective on EZCORP from $25.00 to $24.00 and set a "buy" rating for the company in a research note on Tuesday, May 6th. Two 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 company's stock. According to MarketBeat.com, EZCORP presently has an average rating of "Buy" and an average price target of $18.25.

EZCORP Company Profile

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.