EZCORP, Inc. (NASDAQ:EZPW) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC trimmed its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 13.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,020 shares of the credit services provider’s stock after selling 2,951 shares during the quarter. Janney Montgomery Scott LLC’s holdings in EZCORP were worth $232,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in EZCORP by 97.0% during the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after acquiring an additional 1,554 shares during the period. Allspring Global Investments Holdings LLC acquired a new stake in EZCORP during the 3rd quarter worth approximately $106,000. nVerses Capital LLC lifted its position in EZCORP by 640.0% during the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock worth $124,000 after acquiring an additional 9,600 shares during the period. Stephens Inc. AR acquired a new stake in EZCORP during the 3rd quarter worth approximately $138,000. Finally, Los Angeles Capital Management LLC acquired a new stake in EZCORP during the 3rd quarter worth approximately $150,000. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EZCORP

In related news, CRO Nicole Swies sold 10,000 shares of the firm’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 directly owns 101,813 shares of the company’s stock, valued at $1,269,608.11. This trade represents a 8.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $12.42, for a total value of $428,403.06. Following the completion of the transaction, the insider now directly owns 66,242 shares of the company’s stock, valued at $822,725.64. The trade was a 34.24 % 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.

Wall Street Analysts Forecast Growth

EZPW has been the subject of a number of recent research reports. Stephens reaffirmed an “equal weight” rating and set a $13.50 price objective on shares of EZCORP in a research report on Thursday, February 6th. Canaccord Genuity Group raised their price target on EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th.

EZCORP Stock Down 0.4 %

EZPW opened at $13.90 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.91 and a quick ratio of 1.99. The business has a 50 day simple moving average of $12.28 and a 200-day simple moving average of $11.80. The stock has a market capitalization of $757.13 million, a P/E ratio of 12.09 and a beta of 1.01. EZCORP, Inc. has a 12 month low of $9.65 and a 12 month high of $14.10.

EZCORP (NASDAQ:EZPW) last posted its quarterly earnings results on Wednesday, February 5th. The credit services provider reported $0.42 EPS for the quarter, beating the consensus estimate of $0.35 by $0.07. EZCORP had a return on equity of 11.04% and a net margin of 7.25%. On average, equities analysts anticipate that EZCORP, Inc. will post 1.26 earnings per share for the current fiscal year.

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.