Geode Capital Management LLC Increases Stock Position in EZCORP, Inc. (NASDAQ:EZPW)

Geode Capital Management LLC raised its stake in shares of EZCORP, Inc. (NASDAQ:EZPW) by 1.8% in the 3rd quarter, Holdings Channel reports. The firm owned 595,870 shares of the credit services provider’s stock after acquiring an additional 10,390 shares during the period. Geode Capital Management LLC’s holdings in EZCORP were worth $6,683,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Barclays PLC boosted its stake in EZCORP by 11.3% during the third quarter. Barclays PLC now owns 92,166 shares of the credit services provider’s stock valued at $1,033,000 after buying an additional 9,328 shares during the last quarter. XTX Topco Ltd grew its holdings in shares of EZCORP by 56.9% in the third quarter. XTX Topco Ltd now owns 31,880 shares of the credit services provider’s stock valued at $357,000 after purchasing an additional 11,557 shares in the last quarter. Two Sigma Advisers LP grew its holdings in shares of EZCORP by 25.0% in the third quarter. Two Sigma Advisers LP now owns 1,009,770 shares of the credit services provider’s stock valued at $11,320,000 after purchasing an additional 201,700 shares in the last quarter. State Street Corp raised its stake 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 purchasing an additional 2,809 shares in the last quarter. Finally, Readystate Asset Management LP bought a new position in EZCORP during the third quarter valued at $522,000. 99.83% of the stock is owned by institutional investors.

EZCORP Price Performance

NASDAQ EZPW opened at $12.12 on Friday. The company has a quick ratio of 1.99, a current ratio of 2.71 and a debt-to-equity ratio of 0.28. EZCORP, Inc. has a 52 week low of $8.20 and a 52 week high of $12.85. The firm has a market capitalization of $660.12 million, a price-to-earnings ratio of 10.92 and a beta of 1.05. The company has a fifty day moving average of $12.08 and a two-hundred day moving average of $11.35.

Wall Street Analyst Weigh In

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

Insider Transactions at EZCORP

In other EZCORP news, insider Sunil Sajnani sold 34,493 shares of the company’s stock in a transaction 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 transaction, the insider now owns 66,242 shares of the company’s stock, valued at $822,725.64. This represents a 34.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CRO Nicole Swies sold 10,000 shares of the 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 sale, the executive now owns 101,813 shares in the company, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 2.13% of the company’s stock.

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.