Enova International (NYSE:ENVA) Insider Sells 27,977 Shares of Stock

Enova International, Inc. (NYSE:ENVA) insider Kirk Chartier sold 27,977 shares of Enova International stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $171.51, for a total value of $4,798,335.27. Following the completion of the transaction, the insider directly owned 76,995 shares in the company, valued at $13,205,412.45. This represents a 26.65% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Enova International Stock Up 0.6%

Shares of Enova International stock traded up $1.15 during trading on Thursday, hitting $180.97. 354,329 shares of the stock traded hands, compared to its average volume of 323,887. The company has a fifty day moving average price of $195.78 and a two-hundred day moving average price of $183.57. Enova International, Inc. has a twelve month low of $118.28 and a twelve month high of $267.45. The stock has a market cap of $4.43 billion, a P/E ratio of 12.46 and a beta of 1.28. The company has a debt-to-equity ratio of 3.43, a quick ratio of 18.91 and a current ratio of 18.92.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, October 22nd. The credit services provider reported $4.48 EPS for the quarter, topping the consensus estimate of $4.42 by $0.06. Enova International had a return on equity of 27.25% and a net margin of 10.47%. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1 billion. During the same period in the previous year, the business posted $3.36 EPS. The company’s revenue for the quarter was up 25.7% on a year-over-year basis. Equities research analysts predict that Enova International, Inc. will post 16.33 EPS for the current fiscal year.

Hedge Funds Weigh In On Enova International

Institutional investors have recently added to or reduced their stakes in the business. Aviance Capital Partners LLC lifted its position in Enova International by 1.7% during the third quarter. Aviance Capital Partners LLC now owns 12,708 shares of the credit services provider’s stock valued at $2,124,000 after purchasing an additional 211 shares during the last quarter. Vise Technologies Inc. lifted its holdings in shares of Enova International by 9.7% in the 3rd quarter. Vise Technologies Inc. now owns 3,814 shares of the credit services provider’s stock worth $637,000 after acquiring an additional 338 shares during the last quarter. State of Wyoming bought a new position in shares of Enova International during the 3rd quarter valued at $69,000. BOKF NA raised its position in Enova International by 7.5% in the 3rd quarter. BOKF NA now owns 5,854 shares of the credit services provider’s stock worth $978,000 after purchasing an additional 409 shares during the period. Finally, Simplicity Wealth LLC bought a new stake in Enova International in the third quarter worth $283,000. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ENVA has been the topic of several analyst reports. Stephens upped their target price on Enova International from $215.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, October 23rd. Jefferies Financial Group dropped their target price on shares of Enova International from $300.00 to $275.00 and set a “buy” rating for the company in a research report on Wednesday, October 7th. Citigroup restated a “market outperform” rating on shares of Enova International in a research note on Friday, October 23rd. Maxim Group dropped their price target on Enova International from $285.00 to $220.00 and set a “buy” rating for the company in a research note on Monday. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Thursday, October 15th. Eight equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $239.00.

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.