Tieton Capital Management LLC Takes $26.58 Million Position in Enova International, Inc. $ENVA

Tieton Capital Management LLC acquired a new position in shares of Enova International, Inc. (NYSE:ENVA) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 110,400 shares of the credit services provider’s stock, valued at approximately $26,577,000. Enova International accounts for approximately 7.6% of Tieton Capital Management LLC’s holdings, making the stock its biggest holding. Tieton Capital Management LLC owned about 0.44% of Enova International at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ENVA. McIlrath & Eck LLC bought a new position in Enova International in the first quarter worth approximately $34,000. Farther Finance Advisors LLC grew its holdings in Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after purchasing an additional 64 shares during the period. Pacer Advisors Inc. boosted its position in Enova International by 58.5% during the first quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock worth $56,000 after purchasing an additional 152 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Enova International by 350.0% in the second 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 during the period. Finally, Parallel Advisors LLC lifted its stake in Enova International by 1,503.3% in the 1st quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider’s stock worth $65,000 after purchasing an additional 451 shares in the last quarter. 89.43% of the stock is owned by institutional investors.

Insider Buying and Selling at Enova International

In other news, Chairman David Fisher sold 33,060 shares of the company’s stock in a transaction dated Wednesday, June 17th. The stock was sold at an average price of $199.05, for a total value of $6,580,593.00. Following the completion of the transaction, the chairman owned 306,444 shares of the company’s stock, valued at $60,997,678.20. This represents a 9.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark Tebbe sold 20,000 shares of the company’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 completion of the transaction, the director owned 50,029 shares of the company’s stock, valued at $10,074,339.73. The trade was a 28.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 65,619 shares of company stock valued at $12,729,462 over the last 90 days. 8.40% of the stock is currently owned by corporate insiders.

Enova International Price Performance

NYSE ENVA opened at $255.13 on Thursday. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35. Enova International, Inc. has a 52 week low of $103.02 and a 52 week high of $267.45. The firm has a market capitalization of $6.35 billion, a P/E ratio of 18.91 and a beta of 1.22. The company has a 50-day moving average price of $234.73 and a 200-day moving average price of $181.99.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share for the quarter, topping the consensus estimate of $3.99 by $0.32. The business had revenue of $928.93 million for the quarter, compared to analysts’ expectations of $909.61 million. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The company’s revenue was up 21.6% compared to the same quarter last year. During the same quarter last year, the company posted $3.23 EPS. Equities research analysts anticipate that Enova International, Inc. will post 16.3 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have recently commented on ENVA. Citizens Jmp increased their price target on shares of Enova International from $195.00 to $270.00 and gave the stock a “market outperform” rating in a report on Friday, June 26th. BTIG Research boosted their price target on shares of Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Stephens boosted their target price on shares of Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Citigroup restated a “market outperform” rating on shares of Enova International in a research note on Friday, July 24th. Finally, Jefferies Financial Group increased their price objective on shares of Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued 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 $247.83.

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.