R Squared Ltd Takes Position in EZCORP, Inc. (NASDAQ:EZPW)

R Squared Ltd acquired a new position in EZCORP, Inc. (NASDAQ:EZPW) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 15,190 shares of the credit services provider’s stock, valued at approximately $186,000.

Several other institutional investors have also recently made changes to their positions in EZPW. Point72 Asset Management L.P. grew its position in EZCORP by 4.1% during the 2nd quarter. Point72 Asset Management L.P. now owns 32,699 shares of the credit services provider’s stock worth $342,000 after purchasing an additional 1,299 shares during the period. GAMMA Investing LLC boosted its stake in shares of EZCORP by 97.0% in the fourth quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after buying an additional 1,554 shares during the last quarter. Aigen Investment Management LP grew its holdings in EZCORP by 16.5% during the third quarter. Aigen Investment Management LP now owns 17,712 shares of the credit services provider’s stock worth $199,000 after acquiring an additional 2,508 shares during the period. State Street Corp raised its position in EZCORP by 0.3% during 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 acquiring an additional 2,809 shares in the last quarter. Finally, USA Financial Formulas acquired a new position in EZCORP in the third quarter valued at approximately $32,000. Hedge funds and other institutional investors own 99.83% of the company’s stock.

Insider Buying and Selling

In other 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 value of $428,403.06. Following the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO Nicole Swies sold 10,000 shares of the business’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 sale, 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 owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Stephens initiated coverage on shares of EZCORP in a research note on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price objective on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a report on Friday, October 4th.

EZCORP Stock Down 0.5 %

EZCORP stock opened at $12.42 on Thursday. 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 stock has a market capitalization of $676.46 million, a PE ratio of 11.19 and a beta of 1.03. The business has a 50 day simple moving average of $12.24 and a 200-day simple moving average of $11.62. EZCORP, Inc. has a 12 month low of $8.54 and a 12 month high of $12.85.

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.