What Smart Money Thinks about EZCORP Inc (EZPW)?

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In this article, we will take a closer look at EZCORP Inc (NASDAQ:EZPWand the hedge fund sentiment towards it. Overall, it looks like prominent investors are taking a bearish view. During the third quarter, the number of funds from our database long EZCORP fell by four to 16. The level and the change in hedge fund popularity aren’t the only variables you need to analyze to decipher hedge funds’ perspectives. A stock may witness a boost in popularity but it may still be less popular than similarly priced stocks. That’s why at the end of this article we will examine companies such as Overstock.com, Inc. (NASDAQ:OSTK), Sangamo Biosciences, Inc. (NASDAQ:SGMO), and Village Super Market, Inc. (NASDAQ:VLGEA) to gather more data points.

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Keeping this in mind, let’s check out the latest action regarding EZCORP Inc (NASDAQ:EZPW).

What does the smart money think about EZCORP Inc (NASDAQ:EZPW)?

At the end of the third quarter, a total of 16 of the hedge funds tracked by Insider Monkey were bullish on EZCORP Inc (NASDAQ:EZPW), down by 20% from the previous quarter. By comparison, 18 hedge funds held shares or bullish call options in EZPW heading into 2016. So, let’s check out which hedge funds were among the top holders of the stock and which hedge funds were making big moves.
Of the funds tracked by Insider Monkey, Bryant Regan’s Lafitte Capital Management has the largest position in EZCORP Inc (NASDAQ:EZPW), worth close to $36.1 million, corresponding to 20.6% of its total 13F portfolio. On Lafitte Capital Management’s heels is Joe Huber’s Huber Capital Management, with a $28.8 million position; 1.1% of its 13F portfolio is allocated to the company. Remaining professional money managers that hold long positions encompass Marc Lisker, Glenn Fuhrman and John Phelan’s MSDC Management, Jim Simons’s Renaissance Technologies, and Wilmot B. Harkey and Daniel Mack’s Nantahala Capital Management. We should note that Nantahala Capital Management is among our list of the 100 best performing hedge funds which is based on the performance of their 13F long positions in non-microcap stocks.