GAMMA Investing LLC Buys 1,554 Shares of EZCORP, Inc. (NASDAQ:EZPW)

GAMMA Investing LLC increased its holdings in shares of EZCORP, Inc. (NASDAQ:EZPW) by 97.0% in the 4th quarter, HoldingsChannel reports. The firm owned 3,156 shares of the credit services provider’s stock after acquiring an additional 1,554 shares during the period. GAMMA Investing LLC’s holdings in EZCORP were worth $39,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. GSA Capital Partners LLP grew its stake in EZCORP by 161.0% during the third quarter. GSA Capital Partners LLP now owns 132,972 shares of the credit services provider’s stock worth $1,491,000 after purchasing an additional 82,025 shares during the period. Invenomic Capital Management LP acquired a new stake in EZCORP during the third quarter worth approximately $2,122,000. Intech Investment Management LLC acquired a new stake in EZCORP during the third quarter worth approximately $662,000. Fourth Sail Capital LP grew its stake in EZCORP by 21.5% during the second quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider’s stock worth $7,527,000 after purchasing an additional 127,070 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in EZCORP during the third quarter worth approximately $918,000. Institutional investors and hedge funds own 99.83% of the company’s stock.

Analyst Ratings Changes

EZPW has been the subject of a number of research reports. Stephens initiated coverage on EZCORP in a research note on Wednesday, November 13th. They issued an “equal weight” rating and a $13.00 price objective for the company. Canaccord Genuity Group reissued a “buy” rating and issued a $19.00 price objective on shares of EZCORP in a research note on Friday, October 4th.

EZCORP Trading Up 3.0 %

Shares of EZCORP stock opened at $12.17 on Tuesday. 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 52 week low of $8.20 and a 52 week high of $12.85. The stock has a 50 day moving average price of $12.11 and a two-hundred day moving average price of $11.43. The stock has a market capitalization of $662.84 million, a PE ratio of 10.96 and a beta of 1.03.

Insider Activity at EZCORP

In related news, insider Sunil Sajnani sold 34,493 shares of EZCORP 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 directly owns 66,242 shares in the company, valued at approximately $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, 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 in the company, valued at approximately $1,269,608.11. This represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. 2.13% of the stock is owned by insiders.

EZCORP 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.