Insider Selling: Enova International (NYSE:ENVA) Director Sells 3,500 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Director William Goodyear sold 3,500 shares of Enova International stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $188.02, for a total value of $658,070.00. Following the sale, the director directly owned 50,820 shares in the company, valued at $9,555,176.40. The trade was a 6.44% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Enova International Stock Performance

Shares of NYSE:ENVA traded up $4.33 during trading on Tuesday, hitting $193.49. 582,976 shares of the stock were exchanged, compared to its average volume of 279,832. Enova International, Inc. has a 1-year low of $94.94 and a 1-year high of $193.93. The company has a market capitalization of $4.82 billion, a price-to-earnings ratio of 15.67 and a beta of 1.28. The company’s fifty day simple moving average is $164.02 and its 200-day simple moving average is $154.43. 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 announced its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, topping 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 company had revenue of $875.14 million for the quarter, compared to analyst estimates of $854.52 million. During the same quarter last year, the firm earned $2.98 EPS. Enova International’s revenue for the quarter was up 17.4% compared to the same quarter last year. Sell-side analysts expect that Enova International, Inc. will post 15.37 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on ENVA. BTIG Research reissued a “buy” rating and set a $199.00 price objective on shares of Enova International in a report on Thursday, April 23rd. Maxim Group lifted their price objective on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th. TD Cowen lifted their price objective on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $198.80.

Institutional Trading of Enova International

Institutional investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC acquired a new stake in Enova International in the 4th quarter valued at $31,000. McIlrath & Eck LLC acquired a new stake in Enova International in the 1st quarter valued at $34,000. Bessemer Group Inc. boosted its stake in Enova International by 174.2% in the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after buying an additional 162 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.