Enova International (NYSE:ENVA) Chairman Sells $6,279,961.59 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 37,989 shares of the stock in a transaction on Friday, January 30th. The stock was sold at an average price of $165.31, for a total value of $6,279,961.59. Following the completion of the transaction, the chairman owned 348,223 shares of the company’s stock, valued at approximately $57,564,744.13. This trade represents a 9.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

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

• On Monday, January 26th, David Fisher sold 9,573 shares of Enova International stock. The shares were sold at an average price of $157.81, for a total transaction of $1,510,715.13.
• On Tuesday, December 16th, David Fisher sold 15,000 shares of Enova International stock. The stock was sold at an average price of $160.24, for a total transaction of $2,403,600.00.
• On Friday, November 21st, David Fisher sold 6,000 shares of Enova International stock. The shares were sold at an average price of $124.25, for a total transaction of $745,500.00.

Enova International Price Performance

Shares of ENVA opened at $159.83 on Friday. The stock has a market cap of $4.50 billion, a PE ratio of 13.80 and a beta of 1.25. The company has a debt-to-equity ratio of 3.37, a quick ratio of 19.29 and a current ratio of 9.48. Enova International, Inc. has a fifty-two week low of $79.41 and a fifty-two week high of $176.68. The firm’s 50-day simple moving average is $156.10 and its two-hundred day simple moving average is $130.04.

Enova International (NYSE:ENVA) last released its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.17 by $0.29. The firm had revenue of $1.34 billion during the quarter, compared to analyst estimates of $838.59 million. Enova International had a net margin of 9.78% and a return on equity of 25.31%. The business’s revenue was up 15.0% on a year-over-year basis. During the same period last year, the business earned $2.61 earnings per share. Analysts anticipate that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International announced that its board has approved a stock buyback program on Wednesday, November 12th that authorizes the company to repurchase $400.00 million in outstanding shares. This repurchase authorization authorizes the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

ENVA has been the subject of several recent analyst reports. Citizens Jmp lifted their price target on Enova International from $180.00 to $182.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 28th. TD Cowen restated a “buy” rating on shares of Enova International in a research note on Thursday, January 8th. BTIG Research reiterated a “buy” rating and issued a $199.00 target price on shares of Enova International in a research note on Wednesday, January 28th. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Maxim Group set a $191.00 price objective on shares of Enova International in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $180.20.

Institutional Trading of Enova International

Large investors have recently made changes to their positions in the stock. Pacer Advisors Inc. purchased a new position in shares of Enova International during the third quarter valued at approximately $28,000. Bessemer Group Inc. raised its stake in Enova International by 174.2% during the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after buying an additional 162 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Enova International during the 4th quarter valued at $31,000. Strs Ohio bought a new position in shares of Enova International during the 3rd quarter valued at $35,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after buying an additional 64 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors.

About Enova International

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.