EZCORP, Inc. (NASDAQ:EZPW) Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lessened its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 80.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,525 shares of the credit services provider’s stock after selling 26,600 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in EZCORP were worth $73,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. USA Financial Formulas purchased a new position in EZCORP during the 3rd quarter worth $32,000. Quarry LP raised its holdings in EZCORP by 169.1% during the second quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock worth $50,000 after purchasing an additional 2,976 shares in the last quarter. Innealta Capital LLC acquired a new stake in EZCORP in the second quarter valued at about $71,000. Allspring Global Investments Holdings LLC purchased a new stake in EZCORP in the 3rd quarter valued at approximately $106,000. Finally, nVerses Capital LLC increased 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 purchasing an additional 9,600 shares during the period. 99.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity at EZCORP

In other EZCORP news, insider Sunil Sajnani sold 34,493 shares of the stock in a transaction 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 in the company, valued at approximately $822,725.64. This 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 this link. Also, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction 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 approximately $1,269,608.11. This trade represents 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 corporate insiders.

Analyst Ratings Changes

Several research analysts have issued reports on EZPW shares. Canaccord Genuity Group reiterated a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a research report on Friday, October 4th. Stephens started coverage on shares of EZCORP in a report on Wednesday, November 13th. They set an “equal weight” rating and a $13.00 price objective on the stock.

EZCORP Stock Up 0.3 %

EZCORP stock opened at $11.78 on Monday. The firm has a market capitalization of $641.60 million, a price-to-earnings ratio of 10.61 and a beta of 1.05. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.71. EZCORP, Inc. has a fifty-two week low of $8.20 and a fifty-two week high of $12.85. The stock’s fifty day moving average is $11.97 and its two-hundred day moving average is $11.24.

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.