Enova International, Inc. (NYSE:ENVA) CEO Sells $1,054,700.00 in Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $105.47, for a total value of $1,054,700.00. Following the sale, the chief executive officer now directly owns 389,925 shares in the company, valued at approximately $41,125,389.75. This represents a 2.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Wednesday, November 6th, David Fisher sold 13,314 shares of Enova International stock. The stock was sold at an average price of $101.74, for a total transaction of $1,354,566.36.

Enova International Price Performance

Enova International stock traded down $0.84 during trading hours on Wednesday, reaching $105.54. 110,950 shares of the stock were exchanged, compared to its average volume of 230,883. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79. Enova International, Inc. has a twelve month low of $40.37 and a twelve month high of $108.15. The company has a market cap of $2.77 billion, a P/E ratio of 16.97 and a beta of 1.42. The stock has a 50 day moving average of $90.39 and a two-hundred day moving average of $77.41.

Enova International (NYSE:ENVA) last released its earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.31 by $0.14. The firm had revenue of $689.92 million for the quarter, compared to analysts’ expectations of $666.33 million. Enova International had a return on equity of 18.41% and a net margin of 7.19%. The business’s revenue for the quarter was up 25.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.33 earnings per share. Equities analysts expect that Enova International, Inc. will post 8.04 EPS for the current fiscal year.

Enova International announced that its board has approved a stock repurchase program on Monday, August 12th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the credit services provider to purchase up to 12.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several research firms have commented on ENVA. TD Cowen boosted their target price on Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st. Janney Montgomery Scott downgraded shares of Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. BTIG Research increased their price target on shares of Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 23rd. Finally, JMP Securities upped their price objective on Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $91.14.

Institutional Investors Weigh In On Enova International

A number of institutional investors have recently added to or reduced their stakes in ENVA. GAMMA Investing LLC grew its stake in shares of Enova International by 27.6% in the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock worth $53,000 after purchasing an additional 185 shares during the last quarter. USA Financial Formulas bought a new position in shares of Enova International during the third quarter worth about $76,000. J.Safra Asset Management Corp boosted its holdings in Enova International by 25.1% in the second quarter. J.Safra Asset Management Corp now owns 1,163 shares of the credit services provider’s stock valued at $72,000 after acquiring an additional 233 shares during the last quarter. F M Investments LLC acquired a new stake in Enova International during the 3rd quarter valued at approximately $242,000. Finally, Lazard Asset Management LLC raised its holdings in Enova International by 21.1% during the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock worth $228,000 after purchasing an additional 636 shares during the last quarter. 89.43% of the stock is owned by institutional investors.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.