David Fisher Sells 20,750 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Chairman David Fisher sold 20,750 shares of Enova International stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $178.24, for a total transaction of $3,698,480.00. Following the sale, the chairman directly owned 306,444 shares of the company’s stock, valued at $54,620,578.56. The trade was a 6.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The shares were sold at an average price of $244.01, for a total transaction of $2,315,898.91.
• 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 value of $2,171,094.48.

Enova International Price Performance

Shares of NYSE ENVA traded down $2.96 during mid-day trading on Monday, reaching $171.76. The company had a trading volume of 448,965 shares, compared to its average volume of 320,317. Enova International, Inc. has a one year low of $103.02 and a one year high of $267.45. The business’s 50-day simple moving average is $236.06 and its 200 day simple moving average is $192.91. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 12.73 and a beta of 1.21.

Enova International (NYSE:ENVA) last released its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, beating the consensus estimate of $3.99 by $0.32. The firm 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%. The business’s quarterly revenue was up 21.6% compared to the same quarter last year. During the same period last year, the firm earned $3.23 EPS. On average, research analysts predict that Enova International, Inc. will post 16.33 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ENVA has been the subject of several research analyst reports. Zacks Research downgraded shares of Enova International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Jefferies Financial Group lifted their price target on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. BTIG Research boosted their price target on Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. TD Cowen dropped their price objective on Enova International from $257.00 to $220.00 and set a “buy” rating for the company in a research report on Tuesday, September 15th. Finally, Stephens decreased their target price on Enova International from $275.00 to $205.00 and set an “overweight” rating on the stock in a research report on Thursday. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Enova International currently has a consensus rating of “Moderate Buy” and an average price target of $231.67.

Institutional Trading of Enova International

A number of hedge funds have recently added to or reduced their stakes in ENVA. Sequoia Financial Advisors LLC grew its stake in shares of Enova International by 4.7% during the second quarter. Sequoia Financial Advisors LLC now owns 1,903 shares of the credit services provider’s stock worth $458,000 after buying an additional 86 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in shares of Enova International in the 2nd quarter valued at $52,000. NewEdge Advisors LLC boosted its holdings in shares of Enova International by 5.2% during the 2nd quarter. NewEdge Advisors LLC now owns 3,670 shares of the credit services provider’s stock valued at $883,000 after acquiring an additional 181 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Enova International by 87.3% during the 2nd quarter. Allworth Financial LP now owns 635 shares of the credit services provider’s stock valued at $153,000 after acquiring an additional 296 shares in the last quarter. Finally, Nykredit A S bought a new stake in Enova International during the 2nd quarter worth $250,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. The company uses technology, data analytics and automated decision-making to offer credit products designed for customers who may have limited access to traditional bank financing.

Enova’s consumer finance brands include CashNetUSA and NetCredit, which offer products such as short-term and installment loans, lines of credit and other forms of personal credit, subject to applicable laws and eligibility requirements.