Enova International (NYSE:ENVA) Director Mark Tebbe Sells 20,000 Shares

Enova International, Inc. (NYSE:ENVA) Director Mark Tebbe sold 20,000 shares of the firm’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares of the company’s stock, valued at approximately $10,074,339.73. The trade was a 28.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Enova International Trading Up 3.1%

ENVA opened at $211.00 on Wednesday. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 17.09 and a beta of 1.28. The stock’s 50 day moving average price is $171.22 and its 200-day moving average price is $157.41. Enova International, Inc. has a one year low of $99.61 and a one year high of $211.41. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm had revenue of $875.14 million during the quarter, compared to analyst estimates of $854.52 million. During the same period last year, the company earned $2.98 EPS. Enova International’s quarterly revenue was up 17.4% compared to the same quarter last year. On average, equities analysts forecast that Enova International, Inc. will post 15.37 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ENVA shares. Maxim Group upped their target price on shares of Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. TD Cowen lifted their price target on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Citigroup reissued an “outperform” rating on shares of Enova International in a research note on Friday, April 24th. Finally, Stephens raised their price objective on Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to data from MarketBeat.com, Enova International presently has a consensus rating of “Buy” and an average price target of $198.80.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its stake in Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after buying an additional 18,258 shares in the last quarter. SG Americas Securities LLC boosted its position in Enova International by 2,933.1% during the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after acquiring an additional 134,393 shares in the last quarter. CX Institutional increased its holdings in shares of Enova International by 2.7% in the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock valued at $11,354,000 after acquiring an additional 1,872 shares during the period. CSM Advisors LLC increased its holdings in shares of Enova International by 16.7% in the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock valued at $7,199,000 after acquiring an additional 8,972 shares during the period. Finally, Hillsdale Investment Management Inc. raised its position in shares of Enova International by 3.9% in the 1st quarter. Hillsdale Investment Management Inc. now owns 62,211 shares of the credit services provider’s stock worth $8,450,000 after acquiring an additional 2,351 shares in the last quarter. 89.43% of the stock is currently owned by institutional investors.

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.