Enova International (NYSE:ENVA) Chairman Sells $6,580,593.00 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 33,060 shares of Enova International stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00. Following the transaction, the chairman directly owned 306,444 shares in the company, valued at approximately $60,997,678.20. The trade was a 9.74% decrease in their ownership of the stock. The sale 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 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 21st, David Fisher sold 7,180 shares of Enova International stock. The shares were sold at an average price of $160.37, for a total value of $1,151,456.60.
• On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The stock was sold at an average price of $173.18, for a total value of $3,463,600.00.

Enova International Trading Up 2.6%

Shares of NYSE ENVA opened at $216.54 on Thursday. Enova International, Inc. has a 1-year low of $99.61 and a 1-year high of $217.70. The business has a fifty day moving average price of $172.53 and a 200 day moving average price of $157.98. The stock has a market capitalization of $5.39 billion, a P/E 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.

Enova International (NYSE:ENVA) last posted its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.66 by $0.21. The company had revenue of $875.14 million for the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $2.98 earnings per share. Equities research analysts expect that Enova International, Inc. will post 15.37 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Maxim Group lifted 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 increased their target price on shares of Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research report on Friday, April 24th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Finally, Citigroup reaffirmed 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. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $198.80.

Institutional Investors Weigh In On Enova International

Several institutional investors have recently added to or reduced their stakes in ENVA. Legato Capital Management LLC acquired a new position in shares of Enova International during the fourth quarter valued at about $1,851,000. CSM Advisors LLC raised its position in shares of Enova International by 16.7% in the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after purchasing an additional 8,972 shares during the last quarter. SG Americas Securities LLC boosted its stake in Enova International by 2,933.1% in the 4th 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 in the last quarter. Geode Capital Management LLC boosted its stake in Enova International by 3.1% in the 4th 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 in the last quarter. Finally, Hillsdale Investment Management Inc. grew its position in Enova International by 12.0% during the 3rd quarter. Hillsdale Investment Management Inc. now owns 58,780 shares of the credit services provider’s stock worth $6,765,000 after purchasing an additional 6,300 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.