Dynamic Technology Lab Private Ltd Buys New Shares in EZCORP, Inc. (NASDAQ:EZPW)

Dynamic Technology Lab Private Ltd purchased a new stake in shares of EZCORP, Inc. (NASDAQ:EZPW) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 24,339 shares of the credit services provider’s stock, valued at approximately $273,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new position in shares of EZCORP during the 3rd quarter valued at about $32,000. Quarry LP grew its position in EZCORP by 169.1% during the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock valued at $50,000 after acquiring an additional 2,976 shares during the last quarter. Innealta Capital LLC purchased a new position in shares of EZCORP during the second quarter worth approximately $71,000. Allspring Global Investments Holdings LLC bought a new stake in shares of EZCORP in the 3rd quarter worth approximately $106,000. Finally, nVerses Capital LLC boosted its stake in shares of EZCORP by 640.0% in the 3rd quarter. nVerses Capital LLC now owns 11,100 shares of the credit services provider’s stock valued at $124,000 after purchasing an additional 9,600 shares in the last quarter. Institutional investors own 99.83% of the company’s stock.

Analysts Set New Price Targets

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

Insider Buying and Selling at EZCORP

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 in the company, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.13% of the company’s stock.

EZCORP Stock Up 1.2 %

Shares of NASDAQ EZPW opened at $12.80 on Monday. The firm’s fifty day moving average is $11.64 and its 200 day moving average is $11.02. EZCORP, Inc. has a 52 week low of $8.06 and a 52 week high of $12.85. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. The company has a market cap of $697.22 million, a price-to-earnings ratio of 11.53 and a beta of 1.03.

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.