Insider Selling: Enova International (NYSE:ENVA) Chairman Sells $1,067,807.07 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 7,143 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $149.49, for a total transaction of $1,067,807.07. Following the completion of the sale, the chairman owned 326,444 shares of the company’s stock, valued at $48,800,113.56. The trade was a 2.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Friday, January 30th, David Fisher sold 37,989 shares of Enova International stock. The stock was sold at an average price of $165.31, for a total transaction of $6,279,961.59.
• 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 value of $2,403,600.00.

Enova International Stock Performance

Shares of NYSE ENVA opened at $145.12 on Monday. Enova International, Inc. has a 12 month low of $79.41 and a 12 month high of $176.68. The company has a market cap of $4.08 billion, a P/E ratio of 12.53 and a beta of 1.25. The business’s 50 day moving average is $158.71 and its two-hundred day moving average is $133.78. 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 (NYSE:ENVA) last announced its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.17 by $0.29. Enova International had a net margin of 9.78% and a return on equity of 25.31%. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates of $838.59 million. During the same quarter in the previous year, the firm posted $2.61 earnings per share. Enova International’s revenue was up 15.0% compared to the same quarter last year. On average, equities analysts expect that Enova International, Inc. will post 10.31 EPS for the current year.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ENVA shares. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research report on Thursday, January 22nd. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Citigroup reaffirmed an “outperform” rating on shares of Enova International in a report on Wednesday, January 28th. Finally, BTIG Research reissued a “buy” rating and issued a $199.00 target price 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 five have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $188.00.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Captrust Financial Advisors bought a new position in Enova International in the 4th quarter valued at $268,000. Marshall Wace LLP bought a new stake in shares of Enova International during the fourth quarter valued at approximately $4,412,000. Arkadios Wealth Advisors increased its holdings in shares of Enova International by 8.1% in the fourth quarter. Arkadios Wealth Advisors now owns 33,894 shares of the credit services provider’s stock valued at $5,328,000 after purchasing an additional 2,532 shares in the last quarter. Informed Momentum Co LLC bought a new position in Enova International in the 4th quarter worth approximately $6,243,000. Finally, J.Safra Asset Management Corp lifted its holdings in Enova International by 44.2% during the 4th quarter. J.Safra Asset Management Corp now owns 7,934 shares of the credit services provider’s stock worth $1,247,000 after buying an additional 2,431 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.