Enova International, Inc. (NYSE:ENVA) CEO David Fisher Sells 10,000 Shares

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total value of $1,055,900.00. Following the sale, the chief executive officer now owns 369,905 shares of the company’s stock, valued at approximately $39,058,268.95. This trade represents a 2.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, November 26th, David Fisher sold 10,000 shares of Enova International stock. The shares were sold at an average price of $105.47, for a total value of $1,054,700.00.
• 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 Stock Down 0.2 %

NYSE:ENVA opened at $105.87 on Friday. The firm has a market capitalization of $2.77 billion, a PE ratio of 16.89 and a beta of 1.46. Enova International, Inc. has a 52 week low of $43.48 and a 52 week high of $108.15. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79. The stock has a 50 day moving average of $93.59 and a 200-day moving average of $79.32.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Tuesday, October 22nd. The credit services provider reported $2.45 EPS for the quarter, topping analysts’ consensus estimates of $2.31 by $0.14. The firm had revenue of $689.92 million during the quarter, compared to the consensus estimate of $666.33 million. Enova International had a return on equity of 18.41% and a net margin of 7.19%. The firm’s revenue was up 25.1% on a year-over-year basis. During the same period in the prior year, the business earned $1.33 EPS. Analysts predict that Enova International, Inc. will post 8.04 EPS for the current year.

Enova International announced that its Board of Directors has authorized a stock buyback plan on Monday, August 12th that permits the company to repurchase $300.00 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 often an indication that the company’s leadership believes its stock is undervalued.

Institutional Trading of Enova International

Several hedge funds have recently bought and sold shares of ENVA. GAMMA Investing LLC grew its position in Enova International by 27.6% in the 2nd 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. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after buying an additional 200 shares in the last quarter. J.Safra Asset Management Corp increased its position in Enova International by 25.1% in the 2nd 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 period. USA Financial Formulas acquired a new stake in Enova International in the 3rd quarter valued at approximately $76,000. Finally, Quantbot Technologies LP raised its stake in Enova International by 10.2% during the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after acquiring an additional 1,311 shares in the last quarter. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Janney Montgomery Scott lowered shares of Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. Stephens started coverage on Enova International in a research note on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 price target for the company. JMP Securities boosted 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. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st. Finally, BTIG Research lifted their target price on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.14.

Enova International Company Profile

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.