Mark Tebbe Sells 20,000 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total value of $4,027,400.00. Following the sale, the director directly owned 50,029 shares in the company, valued at $10,074,339.73. The trade was a 28.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Enova International Price Performance

NYSE:ENVA opened at $216.54 on Thursday. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of 17.53 and a beta of 1.28. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The business has a 50 day simple moving average of $172.53 and a 200-day simple moving average of $157.98. Enova International, Inc. has a 1 year low of $99.61 and a 1 year high of $217.70.

Enova International (NYSE:ENVA) last released its 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. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm had revenue of $875.14 million for the quarter, compared to the consensus estimate of $854.52 million. During the same quarter in the previous year, the company posted $2.98 EPS. The company’s revenue for the quarter was up 17.4% compared to the same quarter last year. Equities analysts forecast that Enova International, Inc. will post 15.37 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ENVA. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Maxim Group increased their price objective on shares of Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Citizens Jmp boosted their target price on Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research report on Friday, April 24th. BTIG Research reaffirmed a “buy” rating and set a $199.00 target price on shares of Enova International in a research note on Thursday, April 23rd. Finally, Citigroup reiterated an “outperform” rating on shares of Enova International in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to MarketBeat.com, Enova International has an average rating of “Buy” and a consensus target price of $198.80.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC purchased a new position in Enova International in the 4th quarter worth about $31,000. McIlrath & Eck LLC purchased a new stake in Enova International in the 1st quarter valued at about $34,000. Farther Finance Advisors LLC boosted its position in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares during the period. EverSource Wealth Advisors LLC grew its stake in Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after acquiring an additional 350 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in Enova International by 58.5% in the 1st quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock worth $56,000 after acquiring an additional 152 shares in 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.