Enova International (NYSE:ENVA) Chairman David Fisher Sells 7,180 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 7,180 shares of Enova International stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $160.37, for a total value of $1,151,456.60. Following the completion of the transaction, the chairman owned 306,444 shares of the company’s stock, valued at approximately $49,144,424.28. This trade represents a 2.29% decrease in their ownership of the stock. The sale 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 Friday, May 22nd, David Fisher sold 3,076 shares of Enova International stock. The shares were sold at an average price of $158.45, for a total value of $487,392.20.
• On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The shares were sold at an average price of $173.18, for a total value of $3,463,600.00.

Enova International Price Performance

Shares of NYSE ENVA opened at $159.16 on Wednesday. The stock has a market cap of $3.96 billion, a PE ratio of 12.89 and a beta of 1.32. Enova International, Inc. has a fifty-two week low of $90.87 and a fifty-two week high of $176.68. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The stock has a fifty day moving average of $153.81 and a 200-day moving average of $149.78.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. The company had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the business earned $2.98 earnings per share. Equities research analysts anticipate that Enova International, Inc. will post 15.37 earnings per share for the current year.

Institutional Investors Weigh In On Enova International

Several hedge funds have recently added to or reduced their stakes in ENVA. SG Americas Securities LLC lifted its stake in Enova International by 2,933.1% during the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after purchasing an additional 134,393 shares during the last quarter. Informed Momentum Co LLC bought a new stake in Enova International during the fourth quarter worth about $6,243,000. Marshall Wace LLP bought a new stake in Enova International during the fourth quarter worth about $4,412,000. Geode Capital Management LLC lifted its stake in Enova International by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares during the last quarter. Finally, Legato Capital Management LLC bought a new stake in Enova International during the fourth quarter worth about $1,851,000. Institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the subject of several recent analyst reports. Maxim Group boosted their target price on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. BTIG Research restated a “buy” rating and set a $199.00 target price on shares of Enova International in a research report on Thursday, April 23rd. Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 10th. Citigroup restated an “outperform” rating on shares of Enova International in a research report on Friday, April 24th. Finally, TD Cowen boosted their target price on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $198.80.

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.