Enova International, Inc. (NYSE:ENVA) CEO Sells $1,354,566.36 in Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 13,314 shares of the business’s stock in a transaction that occurred on Wednesday, November 6th. The shares were sold at an average price of $101.74, for a total value of $1,354,566.36. Following the completion of the transaction, the chief executive officer now owns 399,925 shares of the company’s stock, valued at $40,688,369.50. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

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

• On Friday, August 23rd, David Fisher sold 10,000 shares of Enova International stock. The shares were sold at an average price of $84.45, for a total transaction of $844,500.00.
• On Monday, August 19th, David Fisher sold 10,000 shares of Enova International stock. The stock was sold at an average price of $83.46, for a total transaction of $834,600.00.

Enova International Stock Up 1.3 %

NYSE:ENVA opened at $100.61 on Monday. Enova International, Inc. has a twelve month low of $38.89 and a twelve month high of $102.11. The firm has a market capitalization of $2.64 billion, a price-to-earnings ratio of 16.05 and a beta of 1.42. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79. The stock’s 50 day moving average price is $84.86 and its two-hundred day moving average price is $73.92.

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

Enova International announced that its Board of Directors has initiated a share 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 shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Enova International

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC increased its position in Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock worth $53,000 after buying an additional 185 shares during the last quarter. J.Safra Asset Management Corp boosted its stake in shares of Enova International by 83.8% during the 1st quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock worth $58,000 after acquiring an additional 424 shares during the period. USA Financial Formulas acquired a new position in shares of Enova International during the 3rd quarter worth approximately $76,000. SG Americas Securities LLC bought a new stake in Enova International in the 1st quarter valued at $223,000. Finally, Lazard Asset Management LLC lifted its holdings in Enova International by 21.1% during the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after purchasing an additional 636 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ENVA shares. JMP Securities increased their target price on Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 23rd. BTIG Research increased their price objective on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. TD Cowen boosted their target price on Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, Janney Montgomery Scott downgraded shares of Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, Enova International has an average rating of “Moderate Buy” and an average target price of $88.33.

About Enova International

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.