Sunil Sajnani Sells 34,493 Shares of EZCORP, Inc. (NASDAQ:EZPW) Stock

EZCORP, Inc. (NASDAQ:EZPW) insider Sunil Sajnani sold 34,493 shares of EZCORP stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $12.42, for a total value of $428,403.06. Following the sale, the insider now directly owns 66,242 shares of the company’s stock, valued at approximately $822,725.64. The trade was a 34.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

EZCORP Price Performance

EZCORP stock opened at $12.54 on Wednesday. The stock’s fifty day moving average price is $11.50 and its two-hundred day moving average price is $10.96. EZCORP, Inc. has a one year low of $7.72 and a one year high of $12.85. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.71 and a quick ratio of 1.99. The firm has a market cap of $683.05 million, a PE ratio of 11.14 and a beta of 1.03.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on EZPW. Canaccord Genuity Group reissued a “buy” rating and set a $19.00 target price on shares of EZCORP in a report on Friday, October 4th. Stephens assumed coverage on shares of EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price objective for the company.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC raised its holdings in EZCORP by 11.3% in the 3rd quarter. Barclays PLC now owns 92,166 shares of the credit services provider’s stock valued at $1,033,000 after buying an additional 9,328 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of EZCORP by 1.8% during the third quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider’s stock valued at $6,683,000 after acquiring an additional 10,390 shares during the last quarter. XTX Topco Ltd lifted its holdings in shares of EZCORP by 56.9% during the third quarter. XTX Topco Ltd now owns 31,880 shares of the credit services provider’s stock worth $357,000 after purchasing an additional 11,557 shares during the period. Two Sigma Advisers LP grew its stake in shares of EZCORP by 25.0% in the third quarter. Two Sigma Advisers LP now owns 1,009,770 shares of the credit services provider’s stock worth $11,320,000 after purchasing an additional 201,700 shares during the last quarter. Finally, State Street Corp increased its holdings in EZCORP by 0.3% in the third quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock valued at $12,160,000 after purchasing an additional 2,809 shares during the period. 99.83% of the stock is currently owned by institutional investors and hedge funds.

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.