Insider Selling: Enova International (NYSE:ENVA) Director Sells $3,444,800.00 in Stock

Enova International, Inc. (NYSE:ENVA) Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $172.24, for a total transaction of $3,444,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Enova International Stock Performance

Enova International stock opened at $161.08 on Friday. The stock has a 50-day simple moving average of $156.70 and a 200 day simple moving average of $130.37. The stock has a market capitalization of $4.53 billion, a price-to-earnings ratio of 13.91 and a beta of 1.25. The company has a quick ratio of 19.29, a current ratio of 9.48 and a debt-to-equity ratio of 3.37. Enova International, Inc. has a 12-month low of $79.41 and a 12-month high of $176.68.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.29. Enova International had a net margin of 9.78% and a return on equity of 25.31%. The firm had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $838.59 million. During the same quarter last year, the company posted $2.61 EPS. The company’s quarterly revenue was up 15.0% compared to the same quarter last year. On average, research analysts anticipate that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International declared that its Board of Directors has approved a share buyback plan on Wednesday, November 12th that permits the company to repurchase $400.00 million in outstanding shares. This repurchase authorization permits the credit services provider to purchase up to 12.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several equities analysts recently issued reports on ENVA shares. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a report on Friday, January 30th. JMP Securities raised their target price on shares of Enova International from $135.00 to $149.00 and gave the company a “market outperform” rating in a research note on Friday, October 24th. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Thursday, January 22nd. Finally, Citigroup reaffirmed an “outperform” rating on shares of Enova International in a report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. Based on data from MarketBeat, Enova International currently has a consensus rating of “Buy” and an average price target of $180.20.

Institutional Investors Weigh In On Enova International

Large investors have recently bought and sold shares of the company. Pacer Advisors Inc. acquired a new stake in Enova International during the 3rd quarter worth $28,000. Bessemer Group Inc. raised its position in shares of Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 162 shares during the period. FNY Investment Advisers LLC bought a new position in shares of Enova International during the 4th quarter valued at about $31,000. Strs Ohio acquired a new position in shares of Enova International in the 3rd quarter valued at approximately $35,000. Finally, Farther Finance Advisors LLC increased its stake in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 64 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

Enova International Company Profile

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.