Inspire Investing LLC Acquires New Shares in EZCORP, Inc. (NASDAQ:EZPW)

Inspire Investing LLC bought a new position in EZCORP, Inc. (NASDAQ:EZPW) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 70,764 shares of the credit services provider’s stock, valued at approximately $865,000. Inspire Investing LLC owned approximately 0.13% of EZCORP as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EZPW. GAMMA Investing LLC increased 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 valued at $39,000 after buying an additional 1,554 shares during the period. Barclays PLC grew its holdings in EZCORP by 11.3% during the 3rd quarter. Barclays PLC now owns 92,166 shares of the credit services provider’s stock worth $1,033,000 after acquiring an additional 9,328 shares during the last quarter. Geode Capital Management LLC increased its position in EZCORP by 1.8% in the 3rd quarter. Geode Capital Management LLC now owns 595,870 shares of the credit services provider’s stock valued at $6,683,000 after acquiring an additional 10,390 shares during the period. XTX Topco Ltd raised its stake in shares of EZCORP by 56.9% during the third quarter. XTX Topco Ltd now owns 31,880 shares of the credit services provider’s stock valued at $357,000 after acquiring an additional 11,557 shares during the last quarter. Finally, Two Sigma Advisers LP lifted its holdings in shares of EZCORP by 25.0% during the third quarter. Two Sigma Advisers LP now owns 1,009,770 shares of the credit services provider’s stock worth $11,320,000 after purchasing an additional 201,700 shares during the period. 99.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on EZPW. Canaccord Genuity Group restated a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a report on Friday, October 4th. Stephens assumed coverage on EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price target for the company.

EZCORP Stock Performance

NASDAQ:EZPW opened at $12.40 on Friday. EZCORP, Inc. has a 52 week low of $8.20 and a 52 week high of $12.85. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.99 and a current ratio of 2.71. The firm’s fifty day moving average is $12.20 and its 200-day moving average is $11.53. The firm has a market cap of $675.43 million, a P/E ratio of 11.17 and a beta of 1.03.

Insider Activity at EZCORP

In other news, CRO Nicole Swies sold 10,000 shares of EZCORP stock in a transaction dated 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Sunil Sajnani sold 34,493 shares of the company’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $12.42, for a total value of $428,403.06. Following the sale, the insider now owns 66,242 shares in the company, valued at approximately $822,725.64. The trade was a 34.24 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is owned by company insiders.

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.