Geode Capital Management LLC Increases Stock Holdings in EZCORP, Inc. (NASDAQ:EZPW)

Geode Capital Management LLC boosted its position in EZCORP, Inc. (NASDAQ:EZPW) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 595,870 shares of the credit services provider’s stock after purchasing an additional 10,390 shares during the period. Geode Capital Management LLC owned about 1.09% of EZCORP worth $6,683,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in EZPW. USA Financial Formulas purchased a new position in shares of EZCORP in the third quarter worth approximately $32,000. Quarry LP raised its position in EZCORP by 169.1% in the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock worth $50,000 after acquiring an additional 2,976 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of EZCORP during the 3rd quarter valued at $106,000. nVerses Capital LLC grew its position in shares of EZCORP by 640.0% during the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock valued at $124,000 after acquiring an additional 9,600 shares during the period. Finally, Stephens Inc. AR purchased a new stake in shares of EZCORP in the 3rd quarter worth $138,000. 99.83% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Stephens started coverage on EZCORP in a research report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 target price on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th.

EZCORP Stock Performance

Shares of NASDAQ EZPW opened at $12.12 on Friday. The stock has a market cap of $660.12 million, a PE ratio of 10.92 and a beta of 1.05. EZCORP, Inc. has a 1 year low of $8.20 and a 1 year high of $12.85. The firm has a fifty day moving average price of $12.08 and a 200-day moving average price of $11.35. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.71 and a quick ratio of 1.99.

Insiders Place Their Bets

In related news, 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 transaction of $428,403.06. Following the sale, the insider now owns 66,242 shares of the company’s stock, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CRO Nicole Swies sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $12.47, for a total value of $124,700.00. Following the completion of the transaction, the executive now owns 101,813 shares of the company’s stock, valued at $1,269,608.11. The trade was a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.13% of the stock is currently owned by company insiders.

EZCORP 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.