Enova International (NYSE:ENVA) Stock: Insider David Fisher Sells 13,200 Shares

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 13,200 shares of the firm’s stock in a transaction that occurred on Tuesday, October 27th. The shares were sold at an average price of $171.79, for a total value of $2,267,628.00. Following the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at approximately $52,644,014.76. This trade represents a 4.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Wednesday, October 28th, David Fisher sold 9,957 shares of Enova International stock. The shares were sold at an average price of $178.16, for a total value of $1,773,939.12.
• On Thursday, September 17th, David Fisher sold 20,750 shares of Enova International stock. The shares were sold at an average price of $178.24, for a total value of $3,698,480.00.
• On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The stock was sold at an average price of $244.01, for a total transaction of $2,315,898.91.
• On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The stock was sold at an average price of $239.16, for a total value of $2,171,094.48.

Enova International Stock Performance

Shares of NYSE ENVA traded up $1.15 during trading on Thursday, hitting $180.97. The company had a trading volume of 354,329 shares, compared to its average volume of 323,887. Enova International, Inc. has a 12 month low of $118.28 and a 12 month high of $267.45. The firm has a market capitalization of $4.43 billion, a P/E ratio of 12.46 and a beta of 1.28. The stock has a 50 day simple moving average of $195.78 and a 200 day simple moving average of $183.57. The company has a debt-to-equity ratio of 3.43, a quick ratio of 18.91 and a current ratio of 18.92.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.42 by $0.06. Enova International had a net margin of 10.47% and a return on equity of 27.25%. The firm had revenue of $1.01 billion during the quarter, compared to analysts’ expectations of $1 billion. During the same period in the prior year, the company posted $3.36 earnings per share. The company’s revenue for the quarter was up 25.7% compared to the same quarter last year. As a group, analysts anticipate that Enova International, Inc. will post 16.33 earnings per share for the current year.

Institutional Trading of Enova International

A number of institutional investors have recently made changes to their positions in the business. HB Wealth Management LLC grew its position in Enova International by 3.1% during the 2nd quarter. HB Wealth Management LLC now owns 1,677 shares of the credit services provider’s stock worth $404,000 after purchasing an additional 51 shares during the last quarter. GAMMA Investing LLC lifted its position in Enova International by 2.2% during the 3rd quarter. GAMMA Investing LLC now owns 2,962 shares of the credit services provider’s stock worth $495,000 after acquiring an additional 65 shares during the period. Kendall Capital Management grew its stake in Enova International by 0.7% during the 3rd quarter. Kendall Capital Management now owns 13,035 shares of the credit services provider’s stock valued at $2,178,000 after purchasing an additional 85 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Enova International by 4.7% in the second quarter. Sequoia Financial Advisors LLC now owns 1,903 shares of the credit services provider’s stock valued at $458,000 after purchasing an additional 86 shares during the period. Finally, Pacer Advisors Inc. increased its holdings in shares of Enova International by 58.5% in the first quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 152 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.

Analyst Ratings Changes

ENVA has been the subject of a number of recent research reports. Citigroup reissued a “market outperform” rating on shares of Enova International in a report on Friday, October 23rd. Citizens Jmp upped their price target on shares of Enova International from $215.00 to $220.00 and gave the stock a “market outperform” rating in a report on Friday, October 23rd. Zacks Research lowered Enova International from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 16th. Maxim Group dropped their target price on shares of Enova International from $285.00 to $220.00 and set a “buy” rating on the stock in a report on Monday. Finally, Stephens raised their target price on shares of Enova International from $215.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday, October 23rd. Eight analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.00.

Enova International Company Profile

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.