In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Ezcorp Inc. (NASDAQ:EZPW) reported that Rovida Advisors Inc. has picked up 2,600,297 of common stock as of 2017-06-23.
The acquisition brings the aggregate amount owned by Rovida Advisors Inc. to a total of 2,600,297 representing a 5.1% stake in the company.
For those not familiar with the company, EZCORP, Inc. provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through three segments: U.S. Pawn, which includes its EZPAWN, Value Pawn & Jewelry and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International. It offers pawn loans, which are non-recourse loans, collateralized by tangible property, and it sells merchandise, primarily collateral forfeited from pawn lending operations and used merchandise purchased from customers at its pawn stores.
A glance at Ezcorp Inc. (NASDAQ:EZPW)’s key stats reveals a current market capitalization of $508.17 Million based on $51.32 Million shares outstanding and a price at last close of $9.10 per share.
Looking at insider activity, there are a few transactions worth noting.
Specifically, on 2014-01-31, Kuchenrither picked up 1,000 at a purchase price of $11.18. This brings their total holding to 242,861 as of the date of the filing.
On the sell side, the most recent transaction saw Guest unload 100 shares at a sale price of $11.32. This brings their total holding to 33,616.
It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an Ezcorp Inc. (NASDAQ:EZPW) as things move forward to see if its progress aligns with these transactions.
Subscribe below and we’ll keep you on top of what’s happening before it moves markets.