Insider Selling: EZCORP, Inc. (NASDAQ:EZPW) Director Sells $273,376.80 in Stock

EZCORP, Inc. (NASDAQ:EZPWGet Free Report) Director Matthew W. Appel sold 26,490 shares of the stock in a transaction dated Wednesday, May 15th. The shares were sold at an average price of $10.32, for a total value of $273,376.80. Following the completion of the transaction, the director now directly owns 138,684 shares in the company, valued at approximately $1,431,218.88. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

EZCORP Stock Up 0.7 %

EZPW stock opened at $10.23 on Friday. The business’s 50-day moving average price is $10.78 and its 200-day moving average price is $9.69. The stock has a market cap of $562.04 million, a P/E ratio of 9.84 and a beta of 1.13. The company has a quick ratio of 3.23, a current ratio of 4.17 and a debt-to-equity ratio of 0.41. EZCORP, Inc. has a twelve month low of $7.70 and a twelve month high of $11.52.

EZCORP (NASDAQ:EZPWGet Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The credit services provider reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.04. The business had revenue of $285.64 million for the quarter, compared to the consensus estimate of $287.59 million. EZCORP had a net margin of 7.05% and a return on equity of 10.55%. During the same quarter in the previous year, the firm earned $0.23 earnings per share. On average, equities research analysts forecast that EZCORP, Inc. will post 1.11 EPS for the current year.

Institutional Investors Weigh In On EZCORP

A number of institutional investors have recently bought and sold shares of the business. Heartland Advisors Inc. boosted its stake in shares of EZCORP by 11.0% in the fourth quarter. Heartland Advisors Inc. now owns 1,118,450 shares of the credit services provider’s stock worth $9,775,000 after acquiring an additional 110,650 shares during the period. Jacobs Levy Equity Management Inc. grew its holdings in EZCORP by 25.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 710,295 shares of the credit services provider’s stock valued at $5,860,000 after buying an additional 144,641 shares in the last quarter. Hsbc Holdings PLC raised its position in shares of EZCORP by 149.0% during the third quarter. Hsbc Holdings PLC now owns 56,325 shares of the credit services provider’s stock valued at $462,000 after buying an additional 33,701 shares during the last quarter. Barclays PLC lifted its holdings in shares of EZCORP by 40.7% in the third quarter. Barclays PLC now owns 100,413 shares of the credit services provider’s stock worth $829,000 after buying an additional 29,050 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale purchased a new position in shares of EZCORP in the third quarter worth $90,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Wall Street Analyst Weigh In

EZPW has been the topic of several recent research reports. TheStreet upgraded shares of EZCORP from a “c+” rating to a “b-” rating in a research note on Thursday, February 15th. StockNews.com downgraded shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 29th. Finally, Canaccord Genuity Group dropped their price target on shares of EZCORP from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Friday, May 3rd.

Get Our Latest Analysis on EZPW

About EZCORP

(Get Free Report)

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.

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