PDT Partners LLC Has $1.08 Million Stake in EZCORP, Inc. (NASDAQ:EZPW)

PDT Partners LLC increased its stake in EZCORP, Inc. (NASDAQ:EZPW) by 47.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 95,996 shares of the credit services provider’s stock after purchasing an additional 31,105 shares during the period. PDT Partners LLC owned approximately 0.18% of EZCORP worth $1,076,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in EZPW. USA Financial Formulas acquired a new position in shares of EZCORP during the third quarter worth about $32,000. Quarry LP grew its stake in shares of EZCORP by 169.1% during the 2nd quarter. Quarry LP now owns 4,736 shares of the credit services provider’s stock worth $50,000 after acquiring an additional 2,976 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of EZCORP in the second quarter valued at approximately $71,000. Allspring Global Investments Holdings LLC bought a new stake in shares of EZCORP in the third quarter worth $106,000. Finally, nVerses Capital LLC boosted its holdings in EZCORP by 640.0% during the third 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 last quarter. Institutional investors own 99.83% of the company’s stock.

Insider Activity

In other news, insider Sunil Sajnani sold 34,493 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the insider now directly owns 66,242 shares of the company’s stock, valued at $822,725.64. This trade represents a 34.24 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 2.13% of the company’s stock.

EZCORP Price Performance

NASDAQ:EZPW opened at $12.80 on Monday. The company has a current ratio of 2.71, a quick ratio of 1.99 and a debt-to-equity ratio of 0.28. The firm has a fifty day simple moving average of $11.64 and a 200 day simple moving average of $11.02. EZCORP, Inc. has a 1-year low of $8.06 and a 1-year high of $12.85. The stock has a market capitalization of $697.22 million, a PE ratio of 11.53 and a beta of 1.03.

Wall Street Analyst Weigh In

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

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.