Enova International (NYSE:ENVA) Chairman Sells $487,392.20 in Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 3,076 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $158.45, for a total value of $487,392.20. Following the completion of the sale, the chairman owned 306,444 shares of the company’s stock, valued at approximately $48,556,051.80. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

• 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 shares were sold at an average price of $173.18, for a total value of $3,463,600.00.

Enova International Stock Down 1.4%

Shares of ENVA stock opened at $159.08 on Friday. The stock’s 50-day simple moving average is $154.79 and its 200-day simple moving average is $150.29. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The firm has a market capitalization of $3.96 billion, a PE ratio of 12.88 and a beta of 1.32. Enova International, Inc. has a fifty-two week low of $90.87 and a fifty-two week high of $176.68.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. The business 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 company’s revenue was up 17.4% on a year-over-year basis. During the same period in the prior year, the company earned $2.98 earnings per share. Equities analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ENVA. TD Cowen increased their price objective on Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a report on Friday, April 24th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. BTIG Research reissued a “buy” rating and issued a $199.00 price objective on shares of Enova International in a report on Thursday, April 23rd. Stephens boosted their price objective on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a report on Friday, April 24th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company. Based on data from MarketBeat.com, Enova International presently has a consensus rating of “Buy” and a consensus price target of $198.80.

Hedge Funds Weigh In On Enova International

A number of hedge funds have recently bought and sold shares of ENVA. EverSource Wealth Advisors LLC boosted its position in Enova International by 350.0% during the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after purchasing an additional 350 shares in the last quarter. California State Teachers Retirement System boosted its position in Enova International by 0.4% during the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock worth $2,706,000 after purchasing an additional 105 shares in the last quarter. Covestor Ltd boosted its position in Enova International by 5,729.4% during the third quarter. Covestor Ltd now owns 991 shares of the credit services provider’s stock worth $114,000 after purchasing an additional 974 shares in the last quarter. Strs Ohio purchased a new position in Enova International during the third quarter worth approximately $35,000. Finally, Bessemer Group Inc. boosted its position in Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Company Profile

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.