John Blair Jr. Powell Sells 3,500 Shares of EZCORP, Inc. (NASDAQ:EZPW) Stock

EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) COO John Blair Jr. Powell sold 3,500 shares of the company's stock in a transaction that occurred on Tuesday, June 10th. The shares were sold at an average price of $13.81, for a total value of $48,335.00. Following the completion of the sale, the chief operating officer now owns 145,983 shares in the company, valued at $2,016,025.23. This represents a 2.34% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

John Blair Jr. Powell also recently made the following trade(s):

• 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 value 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 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.
• 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 value of $618,375.00.

EZCORP Stock Down 0.2%

EZPW stock traded down $0.03 during trading on Wednesday, reaching $13.71. 777,822 shares of the stock were exchanged, compared to its average volume of 748,542. The firm's 50 day moving average is $14.67 and its 200 day moving average is $13.57. EZCORP, Inc. has a twelve month low of $9.66 and a twelve month high of $16.60. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The firm has a market cap of $754.24 million, a P/E ratio of 11.92 and a beta of 0.53.

EZCORP (NASDAQ:EZPW - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $306.32 million during the quarter, compared to the consensus estimate of $310.35 million. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. As a group, research analysts forecast that EZCORP, Inc. will post 1.3 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on EZPW shares. Canaccord Genuity Group cut their target price on EZCORP from $25.00 to $24.00 and set a "buy" rating on the stock in a report on Tuesday, May 6th. BTIG Research started coverage on EZCORP in a research report on Wednesday, May 14th. They issued a "neutral" rating for the company. Wall Street Zen lowered EZCORP from a "strong-buy" rating to a "buy" rating in a research report on Thursday, May 22nd. Roth Mkm started coverage on EZCORP in a research report on Monday, March 17th. They issued a "buy" rating and a $16.00 price objective for the company. Finally, Roth Capital set a $16.00 price objective on EZCORP in a research report on Monday, March 17th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.25.

Institutional Trading of EZCORP

Several institutional investors and hedge funds have recently modified their holdings of EZPW. GAMMA Investing LLC grew its holdings in shares of EZCORP by 60.4% in the first quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider's stock valued at $75,000 after acquiring an additional 1,906 shares in the last quarter. National Bank of Canada FI bought a new position in shares of EZCORP in the first quarter valued at approximately $91,000. Quarry LP grew its holdings in shares of EZCORP by 652.4% in the first quarter. Quarry LP now owns 7,637 shares of the credit services provider's stock valued at $112,000 after acquiring an additional 6,622 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of EZCORP in the fourth quarter valued at approximately $122,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of EZCORP in the fourth quarter valued at approximately $138,000. 99.83% of the stock is owned by hedge funds and other institutional investors.

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.