Insider Selling: Enova International, Inc. (NYSE:ENVA) CEO Sells 10,000 Shares of Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $62.88, for a total transaction of $628,800.00. Following the sale, the chief executive officer now directly owns 461,439 shares of the company’s stock, valued at approximately $29,015,284.32. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

David Fisher also recently made the following trade(s):

• On Tuesday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The stock was sold at an average price of $62.72, for a total value of $1,254,400.00.

Enova International Stock Performance

Shares of NYSE:ENVA opened at $62.91 on Tuesday. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. Enova International, Inc. has a 1-year low of $35.30 and a 1-year high of $65.00. The stock has a market capitalization of $1.77 billion, a P/E ratio of 11.31 and a beta of 1.52. The business has a 50-day moving average price of $61.80 and a two-hundred day moving average price of $54.89.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, April 23rd. The credit services provider reported $1.70 EPS for the quarter, topping the consensus estimate of $1.52 by $0.18. Enova International had a net margin of 7.69% and a return on equity of 15.77%. The company had revenue of $609.89 million during the quarter, compared to analysts’ expectations of $578.73 million. Equities analysts predict that Enova International, Inc. will post 7.32 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jackson Creek Investment Advisors LLC acquired a new position in shares of Enova International during the 3rd quarter worth approximately $928,000. New York State Common Retirement Fund lifted its stake in Enova International by 3.8% in the third quarter. New York State Common Retirement Fund now owns 59,748 shares of the credit services provider’s stock valued at $3,039,000 after acquiring an additional 2,203 shares during the last quarter. Quantbot Technologies LP raised its holdings in shares of Enova International by 75.1% in the 3rd quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock valued at $524,000 after purchasing an additional 4,417 shares during the period. Foundry Partners LLC grew its holdings in Enova International by 7.6% during the third quarter. Foundry Partners LLC now owns 128,551 shares of the credit services provider’s stock worth $6,539,000 after purchasing an additional 9,125 shares during the period. Finally, Headinvest LLC bought a new position in shares of Enova International during the 3rd quarter worth approximately $28,000. 89.43% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have issued reports on ENVA. BMO Capital Markets lifted their price objective on Enova International from $60.00 to $62.00 and gave the company a “market perform” rating in a research report on Thursday, April 25th. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a report on Thursday, May 2nd. JMP Securities upped their price target on shares of Enova International from $73.00 to $78.00 and gave the stock a “market outperform” rating in a research report on Wednesday, April 24th. Jefferies Financial Group raised their price objective on shares of Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Finally, TheStreet lowered shares of Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, Enova International has an average rating of “Moderate Buy” and an average target price of $67.60.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.