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 the company’s stock in a transaction 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 completion of the sale, the chairman owned 306,444 shares of the company’s stock, valued at approximately $60,997,678.20. This represents a 9.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

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

• On Friday, May 22nd, David Fisher sold 3,076 shares of Enova International stock. The stock was 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 Stock Up 0.8%

Shares of NYSE ENVA traded up $1.67 during mid-day trading on Monday, reaching $204.22. 315,874 shares of the company’s stock were exchanged, compared to its average volume of 286,116. The firm has a market capitalization of $5.08 billion, a price-to-earnings ratio of 16.54 and a beta of 1.28. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 3.45. The business has a fifty day simple moving average of $168.71 and a 200 day simple moving average of $156.36. Enova International, Inc. has a twelve month low of $96.57 and a twelve month high of $206.19.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The business had revenue of $875.14 million for the quarter, compared to analysts’ expectations of $854.52 million. During the same quarter in the previous year, the business posted $2.98 EPS. Enova International’s revenue for the quarter was up 17.4% on a year-over-year basis. As a group, equities analysts expect that Enova International, Inc. will post 15.37 EPS for the current fiscal year.

Institutional Investors Weigh In On Enova International

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its stake in shares of Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after buying an additional 64 shares during the last quarter. California State Teachers Retirement System grew its holdings in shares of Enova International by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock valued at $2,706,000 after acquiring an additional 105 shares in the last quarter. Pacer Advisors Inc. increased its position 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 acquiring an additional 152 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of Enova International in the fourth quarter valued at about $31,000. Finally, Kendall Capital Management raised its holdings in Enova International by 3.9% during the fourth quarter. Kendall Capital Management now owns 5,625 shares of the credit services provider’s stock worth $884,000 after acquiring an additional 210 shares in the last quarter. 89.43% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. BTIG Research reaffirmed a “buy” rating and issued a $199.00 price target on shares of Enova International in a research note on Thursday, April 23rd. Stephens increased their price objective on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. TD Cowen boosted their price objective on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Finally, Maxim Group increased their target price on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Enova International has a consensus rating of “Buy” and an average price target of $198.80.

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.