 EZCORP Inc NASDAQ:EZPW was trading 1.5 higher from the previous closing price. President and Kulas Jason A. filed a Form 4 with the SEC on Friday, July 3. The insider bought 986 shares at 6.07 on Wednesday, Jul 01, and bought 14 shares at 6.04 on Thursday, Jul 02. . After the transactions, the executives stake in EZCORP Inc. movedto 126,106 shares.The Importance of Insider Transactions While transactions from an insider shouldnt be used as the sole item to make an investment or trading decision, an insider buying or selling stock in their company can be a good added factor that leads to more conviction in a decision.When an insider buys stock after an important sell off, that can indicate the insiders faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Insiders who sell stock at new lows could be anticipating some capitulation moment. If the insider sells at new highs, it could point to the intention to take some profit and lock in a gain.Transaction Codes To Focus On Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the companys stock moving forward.Transaction codes besides P or S arent relatively important as they are seldom tied to a decision by the executive. For example, transaction code A is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code C indicates the conversion of an option.See more from Benzinga Price Over Earnings Overview: K12 Morning Market Stats in 5 Minutes Benzingas Top Upgrades, Downgrades For July 6, 2020C 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 