David Fisher Sells 9,491 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 9,491 shares of the stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $244.01, for a total value of $2,315,898.91. Following the transaction, the chairman directly owned 306,444 shares of the company’s stock, valued at $74,775,400.44. This trade represents a 3.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Wednesday, August 26th, David Fisher sold 9,078 shares of Enova International stock. The shares were sold at an average price of $239.16, for a total transaction of $2,171,094.48.
• On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00.

Enova International Price Performance

Enova International stock opened at $232.75 on Friday. The company has a market capitalization of $5.80 billion, a price-to-earnings ratio of 17.25 and a beta of 1.22. The company has a current ratio of 18.42, a quick ratio of 18.42 and a debt-to-equity ratio of 3.35. Enova International, Inc. has a 12 month low of $103.02 and a 12 month high of $267.45. The stock’s 50 day moving average is $241.04 and its 200-day moving average is $185.66.

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

Institutional Trading of Enova International

Institutional investors and hedge funds have recently made changes to their positions in the company. California State Teachers Retirement System lifted its stake in Enova International by 23,319.0% during the second quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider’s stock worth $1,658,092,000 after purchasing an additional 6,858,356 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Enova International during the second quarter worth about $38,453,000. Tieton Capital Management LLC bought a new stake in shares of Enova International in the 2nd quarter valued at $26,577,000. Alyeska Investment Group L.P. acquired a new stake in shares of Enova International during the second quarter worth $25,749,000. Finally, Amundi raised its stake in Enova International by 66.6% during the second quarter. Amundi now owns 207,684 shares of the credit services provider’s stock worth $49,996,000 after buying an additional 83,002 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the subject of several recent research reports. Citizens Jmp boosted their price target on Enova International from $195.00 to $270.00 and gave the company a “market outperform” rating in a research note on Friday, June 26th. BTIG Research raised their price objective on Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a research note on Tuesday, June 30th. TD Cowen lifted their price objective on Enova International from $250.00 to $257.00 and gave the company a “buy” rating in a report on Friday, July 24th. Jefferies Financial Group upped their target price on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, July 8th. Finally, Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the stock. According to data from MarketBeat.com, Enova International currently has an average rating of “Buy” and an average 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.