Key Points
- Director Gary Tillett sold 10,000 EZCORP shares on Feb. 23 at an average price of $25.50 for $255,000, cutting his holding by 6.97% to 133,483 shares valued at about $3.404 million (transaction filed with the SEC).
- Tillett also sold 10,000 shares on Feb. 18 at $25.00 for $250,000, indicating multiple insider sales within the same week.
- EZCORP shares traded at $26.30 (up ~1.4%); the company recently beat Q4 estimates with $0.55 EPS on revenue of $374.5M, and analysts hold a consensus rating of "Moderate Buy" with a $28 price target.
EZCORP, Inc. (NASDAQ:EZPW - Get Free Report) Director Gary Tillett sold 10,000 shares of the firm's stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $25.50, for a total value of $255,000.00. Following the completion of the transaction, the director directly owned 133,483 shares in the company, valued at $3,403,816.50. This trade represents a 6.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Gary Tillett also recently made the following trade(s):
- On Wednesday, February 18th, Gary Tillett sold 10,000 shares of EZCORP stock. The shares were sold at an average price of $25.00, for a total value of $250,000.00.
EZCORP Stock Up 1.4%
EZCORP stock traded up $0.37 during midday trading on Thursday, hitting $26.30. 185,850 shares of the company were exchanged, compared to its average volume of 1,005,893. The company has a market cap of $1.62 billion, a PE ratio of 16.92 and a beta of 0.53. EZCORP, Inc. has a fifty-two week low of $12.85 and a fifty-two week high of $26.39. The company's fifty day moving average price is $22.06 and its 200-day moving average price is $19.42. The company has a debt-to-equity ratio of 0.48, a current ratio of 6.03 and a quick ratio of 4.69.
EZCORP (NASDAQ:EZPW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The credit services provider reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.15. The company had revenue of $374.50 million for the quarter, compared to analyst estimates of $363.63 million. EZCORP had a net margin of 9.18% and a return on equity of 12.37%. On average, research analysts predict that EZCORP, Inc. will post 1.3 EPS for the current fiscal year.
Analyst Ratings Changes
A number of brokerages recently commented on EZPW. Roth Mkm reissued a "buy" rating and issued a $26.00 price target on shares of EZCORP in a report on Tuesday, January 6th. Stephens upped their price target on shares of EZCORP from $22.00 to $26.00 and gave the company an "equal weight" rating in a report on Friday, February 6th. Canaccord Genuity Group set a $34.00 target price on shares of EZCORP in a research report on Friday, February 6th. Citigroup reaffirmed an "outperform" rating on shares of EZCORP in a research report on Tuesday, January 20th. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of EZCORP in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $28.00.
Check Out Our Latest Stock Analysis on EZPW
Institutional Trading of EZCORP
Several institutional investors have recently made changes to their positions in EZPW. GHP Investment Advisors Inc. purchased a new stake in EZCORP in the 4th quarter worth $25,000. Aster Capital Management DIFC Ltd bought a new position in shares of EZCORP during the 3rd quarter valued at approximately $29,000. Covestor Ltd increased its position in EZCORP by 239.3% in the third quarter. Covestor Ltd now owns 2,728 shares of the credit services provider's stock worth $52,000 after purchasing an additional 1,924 shares during the last quarter. Deutsche Bank AG lifted its position in EZCORP by 533.5% during the fourth quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider's stock valued at $52,000 after purchasing an additional 2,246 shares during the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of EZCORP by 15,019.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,175 shares of the credit services provider's stock worth $60,000 after buying an additional 3,154 shares during the last quarter. Hedge funds and other institutional investors own 99.83% of the company's stock.
About EZCORP
(
Get Free Report)
EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.
Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
