Insider Selling: Enova International Inc. (ENVA) Major Shareholder Sells 29,559 Shares of Stock
Enova International Inc. (NYSE:ENVA) major shareholder Firstcash, Inc sold 29,559 shares of the stock in a transaction that occurred on Tuesday, September 20th. The shares were sold at an average price of $9.35, for a total value of $276,376.65. The sale was disclosed in a document filed with the SEC, which is available through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Firstcash, Inc also recently made the following trade(s):
- On Thursday, September 15th, Firstcash, Inc sold 20,021 shares of Enova International stock. The shares were sold at an average price of $9.25, for a total value of $185,194.25.
- On Wednesday, September 14th, Firstcash, Inc sold 81,145 shares of Enova International stock. The shares were sold at an average price of $9.05, for a total value of $734,362.25.
- On Friday, September 9th, Firstcash, Inc sold 84,560 shares of Enova International stock. The shares were sold at an average price of $9.42, for a total value of $796,555.20.
Enova International Inc. (NYSE:ENVA) opened at 9.53 on Wednesday. The stock has a market capitalization of $316.53 million, a price-to-earnings ratio of 11.90 and a beta of 3.44. Enova International Inc. has a 12 month low of $4.64 and a 12 month high of $13.66. The company has a 50-day moving average price of $9.37 and a 200 day moving average price of $7.68.
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Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.22 by $0.03. Enova International had a return on equity of 12.25% and a net margin of 3.87%. The company had revenue of $172.50 million for the quarter, compared to analyst estimates of $165.80 million. During the same quarter in the previous year, the company earned $0.33 EPS. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. Equities analysts predict that Enova International Inc. will post $0.93 earnings per share for the current year.
A number of large investors have recently made changes to their positions in ENVA. Parametric Portfolio Associates LLC raised its stake in shares of Enova International by 11.3% in the second quarter. Parametric Portfolio Associates LLC now owns 252,691 shares of the company’s stock worth $1,860,000 after buying an additional 25,754 shares in the last quarter. Emerald Acquisition Ltd. bought a new stake in Enova International during the second quarter worth about $1,272,000. Thrivent Financial for Lutherans increased its stake in Enova International by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 121,507 shares of the company’s stock worth $894,000 after buying an additional 1,610 shares during the last quarter. Globeflex Capital L P bought a new stake in Enova International during the second quarter worth about $885,000. Finally, Nationwide Fund Advisors increased its stake in Enova International by 46.5% in the second quarter. Nationwide Fund Advisors now owns 76,609 shares of the company’s stock worth $564,000 after buying an additional 24,300 shares during the last quarter. 63.74% of the stock is currently owned by institutional investors.
A number of research firms have recently issued reports on ENVA. Jefferies Group began coverage on Enova International in a research report on Thursday, September 1st. They issued a “buy” rating and a $12.00 price target for the company. Zacks Investment Research lowered Enova International from a “hold” rating to a “sell” rating in a research report on Wednesday, September 7th. JMP Securities set a $11.50 price target on Enova International and gave the company a “market outperform” rating in a research report on Tuesday, September 13th. FBR & Co restated a “hold” rating and issued a $8.50 price target on shares of Enova International in a research report on Tuesday, June 7th. Finally, Macquarie started coverage on Enova International in a research report on Thursday, May 26th. They issued a “neutral” rating and a $8.25 price objective for the company. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $9.63.
About Enova International
Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.
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