John Blair Jr. Powell Sells 42,500 Shares of EZCORP, Inc. (NASDAQ:EZPW) Stock

EZCORP, Inc. (NASDAQ:EZPW) 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 transaction of $618,375.00. Following the sale, the chief operating officer now owns 189,483 shares of the company’s stock, valued at $2,756,977.65. The trade was a 18.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible 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 shares were sold at an average price of $13.81, for a total transaction 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 shares were sold at an average price of $13.73, for a total transaction 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 transaction of $283,400.00.

EZCORP Price Performance

Shares of NASDAQ EZPW opened at $13.41 on Friday. The firm has a market cap of $737.74 million, a PE ratio of 11.66 and a beta of 0.53. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. EZCORP, Inc. has a 1-year low of $9.66 and a 1-year high of $16.60. The company has a fifty day moving average price of $14.62 and a 200 day moving average price of $13.58.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Monday, April 28th. The credit services provider reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.02. The firm had revenue of $306.32 million during the quarter, compared to analyst estimates of $310.35 million. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. Research analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On EZCORP

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its stake in shares of EZCORP by 60.4% during the 1st quarter. GAMMA Investing LLC now owns 5,062 shares of the credit services provider’s stock worth $75,000 after buying an additional 1,906 shares during the last quarter. National Bank of Canada FI acquired a new position in shares of EZCORP during the 1st quarter worth about $91,000. Quarry LP boosted its stake in shares of EZCORP by 652.4% during the 1st quarter. Quarry LP now owns 7,637 shares of the credit services provider’s stock worth $112,000 after buying an additional 6,622 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of EZCORP during the 4th quarter worth about $122,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of EZCORP during the 4th quarter worth about $138,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently commented on EZPW shares. Roth Capital set a $16.00 price objective on shares of EZCORP in a research report on Monday, March 17th. Wall Street Zen cut shares of EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Thursday, May 22nd. Roth Mkm started coverage on shares of EZCORP in a research report on Monday, March 17th. They issued a “buy” rating and a $16.00 price objective for the company. BTIG Research started coverage on shares of EZCORP in a research report on Wednesday, May 14th. They issued a “neutral” rating for the company. Finally, Stephens restated an “equal weight” rating and issued a $17.00 price objective on shares of EZCORP in a research report on Tuesday, May 20th. Two investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate 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.